Solana’s price is testing the $80 support level, and the derivatives market is seeing rapidly increasing liquidation risk. In the near term, futures and funding data are signaling warning lights, while on-chain and network indicators point to a continuing mid- to long-term growth narrative. Messari noted that Solana-based RWA rose 59% quarter over quarter to $11 billion, and the total value locked (TVL) is nearing $100 billion. Solana’s price is testing the $80 support level, marking a pivotal near-term crossroads for the token.
The derivatives market is flashing warning signals with rising liquidation risk, while futures and funding data point to increased volatility ahead. In contrast, on-chain and network indicators point to a continued mid- to long-term growth narrative. Messari reported Solana-based Real-World Assets rose 59% quarter over quarter to $11 billion, and total value locked (TVL) is nearing $100 billion. Over the next several trading sessions, whether the $80 support holds could determine Solana’s short-term path.
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