{"id":20356,"date":"2025-04-05T12:18:09","date_gmt":"2025-04-05T12:18:09","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2025\/04\/05\/solana-price-plunges-to-lowest-level-in-three-weeks\/"},"modified":"2025-04-05T12:18:09","modified_gmt":"2025-04-05T12:18:09","slug":"solana-price-plunges-to-lowest-level-in-three-weeks","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2025\/04\/05\/solana-price-plunges-to-lowest-level-in-three-weeks\/","title":{"rendered":"Solana Price Plunges to Lowest Level in Three Weeks"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">On the morning of April 4, amid a sluggish market following Trump\u2019s tariff announcement, Solana (SOL) plunged to its lowest level in three weeks. Let\u2019s explore the key reasons behind this decline.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Solana_Suffers_a_Sharp_Decline\"\/><b>Solana Suffers a Sharp Decline<\/b><span class=\"ez-toc-section-end\"\/><\/h2>\n<p><span style=\"font-weight: 400;\">The price of <a href=\"https:\/\/nftevening.com\/what-is-solana\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener\">Solana<\/a> (SOL) has plummeted to $115, marking a steep decline of nearly 12.75% within the past 24 hours, as shown on the daily SOL\/USD chart from TradingView. This drop has pushed SOL to its weakest level since mid-March, erasing much of the gains it had accumulated in recent weeks.\u00a0<\/span><\/p>\n<div id=\"attachment_150291\" style=\"width: 1034px\" class=\"wp-caption alignnone\"><noscript><\/noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-150291\" class=\"lazyload wp-image-150291 size-large\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/04\/SOLUSDT_2025-04-04_15-22-30-e1743755011265-1024x572.png\" alt=\"Solana Suffers a Sharp Decline\" width=\"1024\" height=\"572\"\/><\/p>\n<p id=\"caption-attachment-150291\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">From a technical analysis perspective, SOL\u2019s daily chart is forming a bear flag pattern\u2014a prolonged bearish signal. SOL is now trading below the pattern\u2019s lower edge, suggesting a potential drop to $96 if no reversal occurs. The price has returned to early March\u2019s key support zone, but selling pressure shows no signs of easing. The bearish outlook is clouding SOL\u2019s near-term prospects, causing traders to feel uneasy.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Massive_SOL_Unlock_Impacts_Today\"\/><b>Massive SOL Unlock Impacts Today<\/b><span class=\"ez-toc-section-end\"\/><\/h2>\n<p><span style=\"font-weight: 400;\">According to Arkham Intelligence, a massive $200M worth of SOL will be unlocked today, April 4, 2025. This is the largest unlock until 2028, involving 1.79M SOL (~$200M USD). This SOL comes from four accounts that staked $37.7M worth of SOL in April 2021, now yielding a 5.5x profit at current prices. This massive release into circulation threatens to exacerbate the already intense selling pressure, particularly as SOL\u2019s price action grows increasingly negative. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">For investors, this is a critical moment to exercise caution\u2014experts recommend avoiding high leverage to minimize the risk of liquidation and safeguard accounts amid heightened volatility.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">$200M OF SOL UNLOCKING TOMORROW<\/p>\n<p>Tomorrow (4th April) marks the largest single-day unlock of staked SOL until 2028.<\/p>\n<p>These 4 accounts staked a total of $37.7M of SOL in April 2021, and are up 5.5x at current prices. <a href=\"https:\/\/t.co\/qvKFWxygh9\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">pic.twitter.com\/qvKFWxygh9<\/a><\/p>\n<p>\u2014 Arkham (@arkham) <a href=\"https:\/\/twitter.com\/arkham\/status\/1907906539018719529?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">April 3, 2025<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">Additionally, President Donald Trump\u2019s tariff announcement sparked panic, driving investors from risky assets like SOL to safer options. Not only SOL but also the total crypto market cap (TOTAL) and Nasdaq Composite plummeted, wiping out trillions of dollars. With uncertainty looming, SOL\u2019s struggles mirror a turbulent period for risk assets, as its fate hinges on market sentiment and technical levels.<\/span><\/p>\n<blockquote>\n<p>Read more: <a href=\"https:\/\/nftevening.com\/ghibli-new-memecoin-trend-on-solana\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener\">A New Memecoin Trend on Solana: $GHIBLI<\/a><\/p>\n<\/blockquote>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/nftevening.com\/solana-plunges-lowest-in-3-weeks\/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=solana-plunges-lowest-in-3-weeks\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On the morning of April 4, amid a sluggish market following Trump\u2019s tariff announcement, Solana (SOL) plunged to its lowest level in three weeks. Let\u2019s explore the key reasons behind this decline. Solana Suffers a Sharp Decline The price of Solana (SOL) has plummeted to $115, marking a steep decline of nearly 12.75% within the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/04\/Featured-Image-1280x720-PRPartnered-5.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/20356"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=20356"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/20356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/20357"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=20356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=20356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=20356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}