Solana Crashes to $185 — Here’s Why the Rally Fizzled (And What’s Next)
Solana's hot streak hits a wall as prices plunge to $185 — exposing the fickle nature of crypto momentum.
The hype train derails
Traders dumped SOL positions after failing to sustain its recent breakout, proving once again that what goes up in crypto must come down — usually faster than your average Wall Street analyst can say 'market correction.'
Liquidity vanishes faster than a DeFi exploit
Order books thinned out as leveraged longs got liquidated, creating a classic crypto cascade. The 24-hour trading volume tells the story: all gas, no brakes when sentiment shifts.
Macro winds blow cold
Risk assets took hits across the board as Treasury yields spiked — because nothing makes crypto traders sweat like old-school finance fundamentals rearing their ugly head.
Will SOL regain its mojo or join the graveyard of overhyped 'Ethereum killers'? Either way, hedge funds will still collect management fees while retail bags get heavier.
Why SOL Keeps Falling Under $188 In 2025
In an August 15 post on the X platform, crypto pundit Burak Kesmeci evaluated the broader performance of the solana price in 2025 and its impact on recent price action. Specifically, the on-chain analyst identified the $188 level as crucial to Solana’s recent price movements.
This evaluation revolves around the Fixed Range Volume Profile (FRVP) indicator, which provides insights into the distribution of trading volume across various levels on a price chart. In essence, the FRVP indicator helps identify regions with the most trading activity within a specific period.
According to Kesmeci, the FRVP high-volume trading level currently lies around the $150 solana price region. The crypto analyst noted that investors can expect SOL to continue its upward trajectory as long as its price stays above this high-volume trading level.
Kesmeci, however, noted that another significant level in the FRVP is the Value Area High (VAH), which represents the upper boundary of the value area (a price range where 70% of the volume traded). The VAH level is often considered a resistance zone where prices may stall or experience a reversal.
The crypto analyst identified $188 as the Value Area High (the green line in the chart above) for the Solana price. According to Kesmeci, the altcoin has struggled to stay above this VAH level so far in 2025—a trend witnessed in the past day.
What Happens If Solana Price Keeps Retreating?
Further in the post on X, Kesmeci pinpointed $170 – $179 as another Solana price region with significant trading activity. The analyst revealed that this zone could act as a support cushion should the price of SOL witness a correction.
Kesmeci added:
If Solana can shift its high-volume trading level upward, the bullish trend could strengthen.
As of this writing, the price of Solana sits just above $180, reflecting a nearly 5% decline in the past 24 hours. Nevertheless, this drab 24-hour performance was not enough to push the altcoin’s weekly action into the red. According to CoinGecko data, the SOL price is up by over 4% in the last seven days.
