Solana Price Drops as Dormant Whales Wake Up—What’s Next?



Solana is back in the spotlight after a sudden price drop rattled the market. After starting the day at $157.98, the cryptocurrency fell to $149.79—a steep 5.2% decline in just 24 hours. This move has reignited interest in Solana price prediction as traders scramble to assess what’s next.

Dormant Wallets Come Alive

On-chain data shows a surge in the Coin Days Destroyed (CDD) metric, hitting 3.55 billion. This spike reveals that long-inactive wallets are finally moving coins. Historically, such activity points to selling pressure from long-term holders.

Over 3 million SOL tokens have been transferred to centralized exchanges in just three days, totaling an estimated $468 million. This trend indicates that whales are likely preparing to exit some of their positions.

Key signals from whale activity:

  • Major inflows to exchanges usually mean selling is ahead.

  • A shift from holding to selling shows a change in investor sentiment.

Market Sentiment Is Cooling

The broader crypto market has also turned bearish. Tensions between Elon Musk and Donald Trump have added uncertainty. Musk’s sudden shift away from Trump surprised many, possibly affecting investor confidence.

Bitcoin's recent rally—largely driven by institutional buyers like BlackRock—lost steam as some of those gains were locked in. BlackRock reportedly sold BTC and bought Ethereum instead, putting further pressure on altcoins like SOL.

Also Read: Kaspa Price Prediction 2025

Network Usage Still Strong


Despite price weakness, Solana’s network remains active:

  • Daily active users hit 7 million

  • Over 100 million transactions processed each day

Validator and developer activity also remains stable, indicating strong fundamentals.

Next Key Level to Watch

SOL needs to reclaim $153 and stay above $150 to avoid further decline. Until then, caution remains, even as long-term prospects stay intact.



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