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- Solana’s $180 support level is crucial for its price action in 2025
- Social volume and decreasing active addresses may signal further losses for Solana
As we kick off 2025, the crypto market is experiencing heightened volatility, with various assets testing critical support levels. One such asset under close scrutiny is Solana [SOL ($186.43)], which is hovering around the key price point of $180. This threshold has emerged as a pivotal level for traders, as the market braces for potential price swings.
Social volume – A signal for Solana’s price moves
Solana’s social volume has shown a noticeable correlation with its price fluctuations, as evidenced by the accompanying chart. Spikes in social activity often precede significant price volatility.
Over the past few months, heightened social chatter around Solana has coincided with upward price momentum – Alluding to a potential sentiment-driven rally.
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