Solana Down 32% In A Month As Sentiment Hits Lows: What Is Going On?
Posted On February 19, 2025
Solana (CRYPTO: SOL) is down 32% in a month, falling to a three-month low of $161, with trader sentiment at its lowest driven by recent market trends and the LIBRA rug pull.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Solana (CRYPTO: SOL) | $171.09 | $83.6 billion | +0.8% | -10.7% |
| Bitcoin (CRYPTO: BTC) | $96,324.85 | $1.9 trillion | +0.1% | +1.6% |
| Ethereum (CRYPTO: ETH) | $2,714.79 | $327.3 billion | +0.5% | +4.4% |
Trader Notes: Crypto trader Jelle pointed out that Solana has closed above its prior lows, but the weekly close should be monitored. He believes a strong bounce will only happen if SOL reclaims $185 by Friday.
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