SOL Price Prediction April 2025: Volume Breaks $5.39 Billion, Lots of Tokens for Sale?

Bittime - Solana (SOL), a crypto asset that previously showed extraordinary strength, is now facing massive selling pressure. In the last 24 hours, the price of SOL plummeted 18%, breaking below the psychological mark of $100 for the first time since early 2024. 

The main factor behind the fall was a massive wave of sell-offs across crypto markets, fueled by economic concerns following President Trump's new tariff policies.

This condition has sparked widespread concern among investors, with many concerned that the selling pressure is not over. If the pressure continues, there is a high probability that SOL will test critical support at $90, it could even drop below it in the next few days.

Trading Volume Skyrockets: A Signal of Panic Selling?

According to CoinMarketCap data, Solana's daily trading volume jumped to 230%, achieved fantastic numbers $5.39 billion. This spike is not just an ordinary market movement, but rather reflects panic that is pushing investors to sell their holdings.

Data from Coinglass added pressure by recording more than $62 million long Solana positions were liquidated. 

This figure makes SOL the second altcoin with the largest liquidation in that period. This spike in volume and liquidations reflects high volatility that could be a sign of a prolonged bearish trend if there is not a reversal soon.

Read also: Pi Coin Price: Will Pi Network Bounce or Rug Pull?

Mixed Signals from Big Investors: Hope or Just a Strategy?

Interestingly, amidst massive selling pressure, some whales still show long-term confidence in Solana. One of the large investors was recorded as having staked as much 71,318 SUN or worth more than $7.63 million, even though the price of SOL is declining.

This bold step shows that some big market players still see the potential for recovery in the long term. The CEO of Helius Labs even described Solana as “the most obvious asymmetric bet" for investors who are not too concerned about their investment time frame. This view provides a bit of fresh air amidst the uncertain market turmoil.

However, on the other hand, most retail investors chose to wait for further developments. This situation creates a unique market dynamic, where the optimism of large investors competes with the caution of small investors who tend to hold back.

Read also: Pepe Coin: Analysis and Prediction of its Price in the Near and Long Term

Token Unlock Threat: Dark Clouds Still Hang Over

To add to the pressure, the market is also awaiting an important event: the unlocking of tokens 465,000 SUN or worth more than $50 million soon. History has proven that token unlock events often trigger additional selling waves, especially in bearish market conditions.

If the sell-off intensifies around this unlock period, SOL prices could get further hit and trigger a deeper short-term downtrend. Leading analyst Jason Pizzino even estimates that SOL prices could plunge into the range $80, which means a decrease of more than 80% from its highest peak.

Conclusion

Solana's current market situation is extremely fragile, with a combination of soaring trading volume, pressure from token unlocks, and divided investor sentiment. Even though some large investors are showing confidence by staking large amounts, short-term selling pressure is still likely to dominate.

For investors, it is important to closely monitor market developments in the coming days, especially token unlock events and market reactions to support levels $90. If SOL is able to maintain this level, opportunities for recovery could begin to appear. But if not, we could witness a further downward phase heading in $80 or even lower.

FAQ

1. What is the main cause of Solana's price crash in April 2025?

SOL prices plummeted due to a massive sell-off in the crypto market, triggered by economic concerns following President Trump's new tariff policy.

2. Will unlocking tokens impact the price of SOL?

Yes, the predicted unlocking of 465,000 SOL worth $50 million could trigger additional selling pressure that pushes the price lower.

3. Is there still a chance for SOL to rise?

Despite current bearish market conditions, staking from large investors and a positive view of Solana's fundamentals provide hope for a potential long-term recovery.

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Reference

Coinfomania, Solana Crashes 18% Amid $5.39B Selloff — Will the $90 Barrier Hold?, accessed April 8, 2025.

Author: MF