KEY TAKEAWAYS
- Solana is trading around $175, testing a major support level at $180 that has guided its 2025 uptrend.
- A rebound from $180 could lift SOL back toward $220–$250, while a close below this level may lead to a drop to $150 or lower.
- Trading volume has risen during the pullback, showing active selling pressure rather than quiet consolidation.
- A confirmed daily close above $185 would signal renewed strength, while a break below $180 would likely trigger more downside.
Solana is testing a key support level around $180 as selling pressure rises. The next move will depend on whether buyers defend this zone or sellers push the price lower.
As of November 3, 2025, Solana (SOL) trades around $175, down roughly 5.3% in the past 24 hours. The price has fallen back to an important trendline that has supported its 2025 uptrend.
Traders now face a simple question: is this a short-term dip worth buying, or the start of a deeper correction?
Let’s look at why Solana could be the best crypto to buy today.
RELATED: 5 Reasons Solana (SOL) Could Explode in 2025
Technical Crossroads: $180 Support Holds the Key
The $180 level has become a critical support for SOL. It has acted as support through much of this year’s rally, and losing it could change the trend. If the price holds and rebounds, SOL could climb back toward $220 or even $250.
However, a clear daily close below $180 would expose downside targets near $150 and $130. Trading volume has increased as prices dropped, showing that sellers are still active rather than exhausted.
RECOMMENDED: Solana vs Avalanche: Which Chain Has the Edge This Altseason?
On-Chain and Market Signals: Unlocks and Whale Activity
Several upcoming token unlocks could add pressure in the short term. One major release worth about $374 million is scheduled this month, with smaller batches to follow.
These events temporarily increase the supply of SOL in circulation. On the positive side, on-chain data shows that some large holders continue to withdraw tokens from exchanges, a possible sign of accumulation.
If this trend continues, it could offset selling from the unlocks and help stabilize the price.
RECOMMENDED: Is Solana a Good Investment? 7 Factors Every Investor Should Know
Wait for Confirmation Before Acting
If you are looking to trade Solana, the $180 zone is the clear line to watch. A daily close above $185 would confirm that buyers have regained control, while a break below $180 could signal more downside.
Keeping stops under $170 helps manage risk if the support fails.
RECOMMENDED: Is It Worth Buying Solana In 2025?
Conclusion
Solana’s next price move depends on how the market reacts around $180. If buyers defend the level and on-chain data stays positive, it could mark a strong dip-buying opportunity. If not, waiting for a clearer signal may be the smarter choice.
Join eToro today and receive $10 in free crypto on your first deposit. Trade crypto, stocks, and ETFs with powerful tools and social investing features like CopyTrader™
Crypto investments are risky and may not suit retail investors; you could lose your entire investment. Understand the risks here
