Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
The price of Solana increased by about 5.5% in the last seven days, maintaining its level near $ 85. This recovery came after a sharp decline earlier in the month.
It reveals a significant change in supply behind this recovery. Solana saw about $870 million quietly move away from Liquid Stacking Solutions. At the same time, Solana’s price continues to trade in a bearish continuation pattern. Together, these signs show why the coming days will be crucial in determining Solana’s next big move.
Sponsored
Sponsored
The launch of a supply of $ 870 million adds a new risk with the doubling of the price of Solana
The biggest structural change comes from liquid staking activity. Liquid staking allows investors to close Solana and still receive a tradable token representing their deposit. Remain The original Solana is closed It is not available for sale while the liquid staking token is traded separately.
Since June 2025, the total amount of Solana closed in liquid staking protocols has decreased from 45.66 million Solana to 35.48 million Solana. This means that 10.18 million of Solana left the liquid stake, or more than 22%. At Solana’s current price, that equates to about $870 million going back liquid.
Subscribe to publisher Harsh Notaria’s cryptocurrency newsletter for more insights into tokens of this type. From here.
This does not guarantee an immediate sale, but increases it amount of Solana That can be sold at the moment. In simple words, an item that was closed is now available. This increases the potential for selling pressure if market conditions weaken.
Auditors’ staking trends confirm this same trend. The amount of Solana invested directly by the auditors also decreased from 423.43 million Solana to 419.07 million Solana in the last few weeks. This confirms that the change is not only due to internal rotation between staking types. Some Solana leave the environment completely closed, adding to the risk of liquid supply.
This shift in supply occurred at a time when the price of Solana is already fragile. After a drop of more than 50%, Solana recovered. But the recovery set in quickly, and Solana’s price is now trading near the lower boundary of a bear flag pattern.
Sponsored
Sponsored
A break of the lower barrier could lead to a collapse in the price of Solana. Whether this happens depends largely on the behavior of the investor.
The supply of short-term holders increases while long-term holders decrease
The data of the series now indicates the weak conviction of the strongest investors and the growing influence of short-term traders. One of the main indicators of this is the Hoddel wave. This indicator measures how long the coins remain in the wallets before moving and separates the view into two groups: short-term and long-term coins.
Holders retain Solana is short-lived Usually in currencies between a day and a week. These investors are more inclined to sell during price fluctuations rather than hold for the long term.
Sponsored
Sponsored
Since February 16, the stake held by these short-term holders has risen sharply from 4.58% to 5.85%. This sudden spike indicates that more supply is now under the control of traders who are used to selling quickly. This increases the risk of sudden selling pressure during weak prices.
At the same time, the conviction of long-term holders is beginning to weaken. You can see this using the Net Hodler Position Change indicator. This indicator measures whether long-term holders accumulate or reduce their holdings over time.
On February 3, long holders added 2,877,297 Solana on a 30-day basis. This number is now down to 1,013,353 Solana. This represents a decrease of about 65%.
This sharp decrease shows that long-term investors are significantly reducing the pace of their accumulation. Long-term holders usually provide stability during corrections because they hold coins during volatility. As the rate of its accumulation slows down, the price becomes more vulnerable to deeper decline.
Sponsored
Sponsored
This creates a dangerous situation where the supply of liquid increases, short-term traders control more currencies, and long-term support weakens. Together, these conditions increase the downside risk.
Solana’s price levels show where the market could go next
Look at it now Solana price It is close to a critical technical level that can determine its next trend. If SOL falls below the $82 support level, a bear channel collapse could begin. The next support levels appear near $67 and then near $50 as selling pressure increases.
If the bearish pattern is fully completed, the Solana price could fall towards $ 41. This represents about a 50% pullback from the current levels and fully confirms the intention to continue the downward trend.
However, the possibility of recovery remains if buyers return strongly. If Solana’s price breaks above $91, immediate selling pressure weakens and this indicates a return of stronger demand.
A bigger recovery above $125 cancels the bearish pattern. But such a move requires a strong and sustained accumulation.
