{"id":404733,"date":"2025-09-07T07:57:13","date_gmt":"2025-09-07T07:57:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/404733\/"},"modified":"2025-09-07T07:57:13","modified_gmt":"2025-09-07T07:57:13","slug":"solana-risks-a-fall-to-170-despite-key-bullish-signals-why","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/404733\/","title":{"rendered":"Solana risks a fall to $170 despite key bullish signals – Why?"},"content":{"rendered":"

\t\t\t\t\t\t\t\t\t\t\"Avatar\"<\/p>\n

Journalist<\/p>\n

\t\t\t\t\t\t\t\t\t\tPosted: September 7, 2025<\/p>\n

\t\t\t\t\t\t\t\tKey Takeaways<\/p>\n

Interest in a Solana treasury is growing, and institutional demand could drive the altcoin\u2019s next rally. However, over the next week, a price dip to $192 or even $170 is a possibility.<\/p>\n

Solana [SOL]<\/a> continued to trade above the $200 mark, with demand likely fueled by institutional flows<\/a>.<\/p>\n

Notably, Canadian investment company Sol Strategies<\/a> obtained Nasdaq approval, announced<\/a> on the 5th of September. The company expects trading to commence on the 9th of September under the ticker symbol STKE.<\/p>\n

In July 2024, the company transformed from a diversified crypto-holding company to a Solana-only investment company. Sol Strategies has the third-largest Solana treasury holdings<\/a>.<\/p>\n

Interest in building a SOL treasury was growing. Bloomberg reported<\/a> that Galaxy Digital, Jump Crypto, and Multicoin Capital were seeking $1 billion to assemble a Solana treasury through a public company vehicle.<\/p>\n

This effort would create the largest dedicated SOL treasury.<\/p>\n

What is the impact on SOL?
\n\"Ali<\/a><\/p>\n

Source: Ali Charts on X<\/a><\/p>\n

In the long term, this was hugely bullish news for the altcoin<\/a>. In the short term, though, it might not have much of an effect on prices.<\/p>\n

Crypto analyst Ali Martinez, via a post on X<\/a> (formerly Twitter), noted that SOL was trading just above the vital $197 level.<\/p>\n

\"Solana<\/a><\/p>\n

Source: CoinGlass<\/a><\/p>\n

The liquidation map highlighted a cluster of high-leverage liquidations in the $196-$199.5 region. This meant that the price could be attracted lower to this pocket of liquidity before climbing higher.<\/p>\n

Further south, the $192.3 was another level that could attract prices in the coming days.<\/p>\n

\"Solana<\/a><\/p>\n

Source: SOL\/USDT on TradingView<\/p>\n

The 1-day timeframe showed a rising wedge pattern<\/a> on the chart. This was typically a bearish chart pattern that could see the price break downward from the wedge.<\/p>\n

In Solana\u2019s case, a price move to $160-$170 was a possibility in case of a breakdown from the wedge.<\/p>\n

\"Solana<\/a><\/p>\n

Source: Glassnode<\/a><\/p>\n

While the coming days and weeks might see a price dip for SOL \u2014 the MVRV ratio revealed that the long-term outlook remained bullish. The metric was above 1, signaling holders were at a profit.<\/p>\n

Since February, the MVRV ratio has been below 1.5, which signaled a healthy bullish market for the most part. Early April saw the metric dip below 1, and represented a buying opportunity.<\/p>\n

The MVRV showed that SOL was healthy in recent weeks, but nowhere near the 2.4 or higher levels that signal overvalued and euphoria stages.<\/p>\n

\t\t\t\t\t\t\t\t\t\t\tNext: Ethereum stablecoins hit $150B ATH: What it means for ETH\u2019s price<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Journalist Posted: September 7, 2025 Key Takeaways Interest in a Solana treasury is growing, and institutional demand could…\n","protected":false},"author":2,"featured_media":404734,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-404733","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115161952742610120","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/404733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=404733"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/404733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/404734"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=404733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=404733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=404733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}