Solana prices decrease by 40 % a month as the “ideal storm” feeds losses

Solana prices fell by more than 40 % in about a month, as multiple declining factors were combined to create what an analyst described as a “perfect storm”.

Seoul, the original digital origin of the high -performance Blockchain platform, decreased to nearly $ 160.00 on Tuesday 18 February, according to Coinbase data from TradingView.

At this stage, the cryptocurrency decreased approximately 45 % after climbing to about $ 290.00 on Sunday, January 19, and Coinbase data from TradingView.

“Solana’s decrease by 40 % can be attributed to multiple close factors.” CoinpanelWhich presented the description of the “ideal storm”, mentioned via email.

He said: “The madness of the MIM currency, which was once cool, has led to a decrease in the investor’s confidence.”

“In addition, the activity decreased on the chain, with active addresses and transactions sizes sharply,” noted. “

Recently, the X Twitter account for Blockchain Ali (ali_charts) subscriber A glass graph indicating that the number of active titles on Solana decreased from more than 18.5 million in late October to less than 8.4 million on February 15.

Dipasquale, CEO of Cryptocurrency Pitol CapitalHe also commented on these developments, while emphasizing that they reduced both under participation and demand.

The analyst also highlighted the impact of modern developments that involve the scale currencies, a project that accumulates a speed of a market for a market of $ 4.5 billion, but then he lost 90 % of its value, according to what it mentioned. Coindsk.

Argentina President Javier Millie supported this digital origin, linked to a project called Al -Mizan, which is supposed to be designed for help I mentioned.

These events undermined the investor confidence in the projects based on Solana, and called Dipasquale.

Other main development analysts who were martyred as providing a declining pressure for Sol prices is to open the distinctive symbol on March 1, which will lead to the total supply of the distinctive symbol An increase of 11.16 million.

Hooker said: “Open more than 11 million Sol Sokens symbols have sparked fears of increasing supply, which increased the pressure on the market,” Hooker said. “We have seen a flow for the institutions that exchange Sol for eth with this pressure on the horizon.

“Because of these issues, Solana’s association with prominent fraud was damaged, adding to the descending feelings. And he concluded that these elements have created an ideal storm of Seoul’s contraction.”

One of the observers on the market presented a different point of view, focusing on the impact of the bitcoin price and the scale state on other digital currencies.

Since January 2025, Bitcoin has occupied about $ 109,000, which we know was supported primarily by the first professional encryption administration in American history, which was a basic analysis and the request for investment funds circulated in Bitcoin, according to BitWise’s flows in 1/25 ~ 5 billion Dollar, the influencer Tiktok said from Wendy O.

“Since then, we have seen Bitcoin Sideways $ 94,000-104,000 dollars on the weekly graph. This has caused many negative measures for prices for the balloons.”

The last procedure: Belows Bitcoin:

“Solana also topped on January 29, 2025, which corresponds to bitcoin price procedures,” Windy or via comments via e -mail said.

Unfortunately, with the Argentine disaster, Mimikoin Al -Mizan, which revealed some of the actors and bad builders on Solana Blockchain, the entire industry was affected. The United States of America still has no guidance on encryption despite the executive order of President Trump, and this incident was compared to the fall of morale FTX Wise.

Disclosure: I own some Bitcoin, Bitcoin Cash, Litecoin, Ether, EOS and Sol.