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Solana's price drops 10% amid rug-pull scams, network activity decline, token unlocking, and struggles against Bitcoin and Ethereum. The crypto-verse witnessed the downfall of the entire market. This carnage ticked off by the collapse of FTX caused immense damage to several assets. Along with the Following a sharp decline of 92% throughout 2025, the market capitalization of SOL has demonstrated a resurgence of ~111% year-to-date despite the downward pressure stemming SOL corrected alongside the wider crypto market sell-off, but data points to more concerning reasons for the price drop. Solana’s native token, SOL (SOL), experienced a Unfortunately, the 20DMA, which many traders hoped would provide a strong lower support level, has been breached, suggesting a downward trend comparable to the Three key factors will determine whether Solana can reverse the trend and reach its historical peaks. Solana, long perceived as one of Ethereum’s most serious BitVeal’s sentiment analysis shows “cautious optimism,” driven in part by bullish volume signals but tempered by choppy price action. A negative funding rate and 18 de sept. de 2025 Claim: Solanas inflation rate is too high. Some industry watchers criticize the network for its high inflation rate, often quoting Messaris statistic that the circulating supply Solana’s prominent NFT marketplace, Market Eden continued to reside below OpenSea despite a 59.73 percent decline in its volume. As mentioned earlier, the

Is Solana's Downward Spiral Driven by Doubts or Facts?

Solana (SOL) has experienced significant price volatility, leading many to question the underlying causes of its trajectory. Is it simply market sentiment and fleeting doubts, or are there concrete facts driving Solana's downward spiral? Solana's price drops 10% amid a confluence of factors, including rug-pull scams, a decline in network activity, upcoming token unlocking events, and its ongoing struggles against established cryptocurrencies like Bitcoin and Ethereum. The crypto-verse witnessed the downfall of the entire market, a carnage ticked off by the collapse of FTX, which caused immense damage to several assets.

Following a sharp decline of 92% throughout 2025, the market capitalization of SOL has demonstrated a resurgence of ~111% year-to-date despite the downward pressure stemming from various sources. This highlights the inherent resilience and potential within the Solana ecosystem, even as it faces challenges.

SOL corrected alongside the wider crypto market sell-off, but data points to more concerning reasons for the price drop. Solana’s native token, SOL (SOL), experienced a break of its 20DMA, which many traders hoped would provide a strong lower support level, suggesting a downward trend. Three key factors will determine whether Solana can reverse the trend and reach its historical peaks.

Facts Supporting the Downward Pressure:

  • Rug-Pull Scams: Several rug-pull scams within the Solana ecosystem have eroded investor confidence.
  • Network Activity Decline: Reduced transaction volume and user engagement point to potential underlying issues.
  • Token Unlocking: Upcoming token unlocking events could lead to increased selling pressure.
  • NFT Market Weakness: Solana’s prominent NFT marketplace, Market Eden, continued to reside below OpenSea despite a 59.73 percent decline in its volume. As mentioned earlier, this reduced activity contributes to overall concerns.
  • Inflation Rate: Some industry watchers criticize the network for its high inflation rate, often quoting Messaris statistic that the circulating supply Claim: Solanas inflation rate is too high.

Doubts and Sentiment:

While factual challenges exist, investor sentiment plays a crucial role. BitVeal’s sentiment analysis shows “cautious optimism,” driven in part by bullish volume signals but tempered by choppy price action. A negative funding rate and general market uncertainty contribute to the prevailing doubts surrounding Solana's future.

The Verdict: A Combination of Factors

Ultimately, Solana's current situation is likely driven by a combination of factual challenges and investor doubts. Addressing the factual issues, such as scams and network activity, is crucial for restoring confidence and potentially reversing the downward trend. Whether Solana can overcome these hurdles remains to be seen.

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