XRP price takes a brutal 28% hit, sliding to $2.22

This massive drop has left investors stunned, with over $686 million in liquidations sweeping the market in just 24 hours.

Solana price fell sharply on February 24, sliding below the $140 mark to reach its lowest level in 2025.

Solana drops below $140 as traders fear March 1 token unlock

Solana price is currently trading at $139, having plunged nearly 20% in just 24 hours. This decline has wiped out the gains that SOL had managed to accumulate earlier this year.

To put this fall into perspective, SOL has dropped more than 50% since January’s high of $294. To get an idea of how brutal this month has been for SOL.

This steep fall comes as a looming March 1 unlock of 11.2 million SOL tokens is one of the bearish factors that traders are considering.

This unlocking has prompted traders to sell early, fearing that a flood of supply will push prices lower.

Moreover, network activity is crumbling, with active addresses dropping by 53% since November.

The LIBRA meme coin scandal, which saw the coin crash from a $4.6 billion market cap to notional value of less than $100 million, has also soured the mood among traders.

Finally, Bitcoin’s fall below the $95,000 level is also weighing on the minds of traders, as the flagship cryptocurrency tends to drag altcoins down with it.

This could push the price of SOL lower, possibly sliding to $125 or even $100 if sellers continue to exert pressure.