After $69 million in liquidations, SOL is holding at $71.20.
SOL fell 6.3% in 24 hours, at one point nearing a 10% drop intraday, with its price approaching the $70 mark. During the same period, around $69 million in leveraged positions were liquidated, while spot ETFs continued to see net outflows. With the Breakpoint 2026 conference approaching, the price has found no support from it, and the market has turned its attention to the $65 level.
Can $65 hold?
SOL fell 6.3% in 24 hours, at one point nearing a 10% drop intraday, with its price approaching the $70 mark. During the same period, around $69 million in leveraged positions were liquidated, while spot ETFs continued to see net outflows. With the Breakpoint 2026 conference approaching, the price has found no support from it, and the market has turned its attention to the $65 level.
Can $65 hold?