Solana Price Tests Critical $178 Support as 2027 Roadmap Sparks Long-Term Optimism
Solana (SOL) is now worth $178, down 2.5% in the last 24 hours. The cryptocurrency is testing a key support level after a big drop from
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Last updated: Friday, July 25, 2025
Quick overview
- Solana (SOL) is currently priced at $178, experiencing a 2.5% decline in the last 24 hours after dropping from recent highs above $200.
- Over $57 million in leveraged positions were liquidated recently, indicating bearish pressure in the market despite some technical indicators suggesting a potential reversal.
- On-chain data shows a negative trend with sellers dominating, as 86.79% of liquidated positions were long, reflecting overly bullish sentiment among traders.
- The short-term outlook for SOL hinges on maintaining support levels around $178-$182, with potential for a bounce if these levels hold.
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Arslan Butt
Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.
His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.
His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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