2025-12-30 14:28:01

Recently, the trading activity of Solana has significantly declined. Data shows that trading volume has dropped by 22%. What exactly is happening behind this?

Looking at the price trend, this bear market has been quite intense—dropping from a peak of 290 to just over 120 now, more than halving. What's more painful is that the bottom is still unclear.

A question worth pondering: Is this decline a natural market correction, or has something gone wrong on the chain? If fundamental risks are surfacing, you should be mentally prepared to see the price drop to around 80.

The key now is to observe changes in on-chain activity data and on-chain trading liquidity. Experienced traders should be more cautious in tracking on-chain signals at this stage, rather than blindly betting.

SOL0,52%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
6
Repost
Share

Comment

0/400

RugPullAlertBot

· 6h ago

SOL really blew my mind this time. Dropping from 290 to just over 120 is outrageous, and it still looks like there's no bottom... Feels like it's going to keep testing lower. On-chain data needs to be closely monitored; don't get caught off guard and not know what's happening. I can accept 80 bucks, but I'm just worried it could get even worse.

View OriginalReply0

OnchainArchaeologist

· 6h ago

sol this wave really makes people exhausted, dropping from 290 to just over 120... May I ask where the bottom is? --- Trading volume down 22%? It feels like the ecosystem's vitality is gradually fading; we need to keep an eye on on-chain data. --- Price level at 80? Don't even mention it, I'm already mentally preparing myself... --- Blindly betting now is really not feasible; we have to look at on-chain signals to speak. --- Is the issue really fundamental risk or just pure market sentiment? That's the key. --- Still a long way to go... SOL's recent correction has been fierce; when will the pullback finally ease?

View OriginalReply0

SellTheBounce

· 6h ago

I think 80 bucks is already high; I should sell on the rebound.

View OriginalReply0

PhantomHunter

· 6h ago

SOL this wave is really a bit tragic, dropping from 290 to 120... I truly can't tell if this is a natural correction or if something major has happened. Those blindly bottom-fishing need to be cautious; we have to look at on-chain data to speak. Another "waiting for the bottom" story, how about trying 88? A 22% drop in trading volume is no small matter; it feels like there’s still hope ahead. Why does SOL keep doing this... Every time, they say we need to look at on-chain signals, but the signals are a mess.

View OriginalReply0

GhostInTheChain

· 6h ago

The recent sharp decline in SOL indicates that the fundamentals are indeed problematic; otherwise, it wouldn't have dropped like this.

View OriginalReply0

MoneyBurnerSociety

· 6h ago

I've already bought in at 80, and now I'm just waiting to be repeatedly trapped. This is my stable loss strategy.

View OriginalReply0