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CryptoMediumUpdated×5•Originally published 20 March 2026•Updated 21 March 2026•

1 min read

Solana Faces Selling Pressure as Price Tests Critical $90 Pivot Level

Key Facts

1Solana DApp revenue has fallen to its lowest level in 18 months.

2 months ago

Version History

12 additional sources confirmed this story

Version 52 months ago

What changed: Updated to reflect increased selling pressure and identify new technical levels, including the $90 pivot point and support/resistance zones at $86 and $92.

Version 42 months ago

What changed: Updated the narrative to reflect the price breakout to $97 and the move above moving averages, shifting away from the previous focus on testing lower support levels.

Version 32 months ago

What changed: Updated the price stabilization level to $88, included the growth of the Real World Assets (RWA) sector to over $1.8 billion, and noted the monitoring of a critical technical trendline.

Version 23 months ago

What changed: The story was updated to include new on-chain data regarding capital repositioning and deepening liquidity, providing a more constructive counter-narrative to the declining DApp revenue.

Version 13 months ago

What changed: Updated the story with specific data regarding SOL's 11% price correction to $87 and the collapse of funding rates to zero.

Solana (SOL) is currently facing growing selling pressure as market liquidity zones tighten, challenging its recent upward momentum. While the price previously broke above moving averages to reach a high of $97, it is now testing critical short-term technical levels. Analysts have identified $90 as a key pivot point; maintaining this level could see the price reclaim $92, whereas a breakdown might lead to a drop toward the $86 support zone. This cautious outlook emerges even as the Real World Assets (RWA) sector within the ecosystem remains strong, surpassing $1.8 billion in value. Market participants are closely monitoring these liquidity zones to determine if SOL can sustain its recovery or if a deeper correction is imminent. The divergence between previous gains and current pressure highlights a strategic repositioning of capital in the crypto market.