{"id":36242,"date":"2025-02-24T09:11:22","date_gmt":"2025-02-24T12:11:22","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2025\/02\/24\/solana-crashes-to-pre-election-lows-amid-binance-kraken-sol-selloff-rumors\/"},"modified":"2025-02-24T09:11:22","modified_gmt":"2025-02-24T12:11:22","slug":"solana-crashes-to-pre-election-lows-amid-binance-kraken-sol-selloff-rumors","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2025\/02\/24\/solana-crashes-to-pre-election-lows-amid-binance-kraken-sol-selloff-rumors\/","title":{"rendered":"Solana Crashes to Pre-Election Lows Amid Binance, Kraken SOL Selloff Rumors"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div><figcaption id=\"caption-attachment-1499762\" class=\"wp-caption-text\"><em>Solana token unlock schedule by month. Source: TradingView<\/em><\/figcaption><p data-start=\"0\" data-end=\"476\">This event has fueled what some analysts call \u201cpeak FUD\u201d (fear, uncertainty, and doubt) within the Solana ecosystem as concerns mount over the potential market impact.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">tbh rn is a pullback across crypto following equities flush after German election results and Zelensky hinting he won\u2019t hold elections\u2026<\/p>\n<p>Solana is facing peak FUD rn alongside cryptos retrace across the industry, everyone is still scared post-libra and with unlocks fud still\u2026<\/p>\n<p>\u2014 Bastille (@BastilleBtc) <a href=\"https:\/\/twitter.com\/BastilleBtc\/status\/1893892434108494012?ref_src=twsrc%5Etfw\" target=\"_blank\">February 24, 2025<\/a><\/p>\n<\/blockquote>\n<p data-start=\"478\" data-end=\"1274\">Traders are particularly wary of the unlock\u2019s implications, given the possibility that the FTX estate may liquidate a significant portion of its holdings to meet outstanding obligations.<\/p>\n<p data-start=\"478\" data-end=\"1274\">Historically, large token unlocks have exerted downward pressure on prices as traders react by preemptively selling or hedging their positions. This appears to be occurring now, with SOL recently declining to pre-election levels around $157.<\/p>\n<h2 data-start=\"478\" data-end=\"1274\" id=\"will-solana-price-rise-again\">Will Solana Price Rise Again?<\/h2>\n<p>Technically, Solana\u2019s price looks ready for a bounce in the coming weeks due to an observable bullish fractal on its daily chart.<\/p>\n<p data-start=\"66\" data-end=\"271\">Notably, SOL has entered oversold territory on the Relative Strength Index (RSI), a level that previously triggered strong rebounds. The RSI is near 30, a zone where SOL saw sharp recoveries in the past.<\/p>\n<figure id=\"attachment_1499778\" aria-describedby=\"caption-attachment-1499778\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/fxempire-media.s3.amazonaws.com\/fxempire-wordpress\/uploads\/2025\/02\/SOLUSD_2025-02-24_17-11-16.png\" target=\"_blank\"\/><\/figure>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Solana token unlock schedule by month. Source: TradingViewThis event has fueled what some analysts call \u201cpeak FUD\u201d (fear, uncertainty, and doubt) within the Solana ecosystem as concerns mount over the potential market impact. tbh rn is a pullback across crypto following equities flush after German election results and Zelensky hinting he won\u2019t hold elections\u2026 Solana is facing peak FUD rn alongside cryptos retrace across the industry, everyone is still scared post-libra and with unlocks fud still\u2026 \u2014 Bastille (@BastilleBtc) February 24, 2025 Traders are particularly wary of the unlock\u2019s implications, given the possibility that the FTX estate may liquidate a significant portion of its holdings to meet outstanding obligations. Historically, large token unlocks have exerted downward pressure on prices as traders react by preemptively selling or hedging their positions. This appears to be occurring now, with SOL recently declining to pre-election levels around $157. Will Solana Price Rise Again? Technically, Solana\u2019s price looks ready for a bounce in the coming weeks due to an observable bullish fractal on its daily chart. Notably, SOL has entered oversold territory on the Relative Strength Index (RSI), a level that previously triggered strong rebounds. The RSI is near 30, a zone where SOL saw sharp recoveries in the past. 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