Solana (SOL) Price Rebounds from $145 Support Amid $350M Crypto Market Liquidations

The cryptocurrency market experienced significant volatility, with total liquidations approaching $350 million. Solana (SOL), a major altcoin, saw its price sharply decline before finding strong support and rebounding from the $145 level. This price action highlights a critical juncture for SOL, demonstrating both the ongoing market pressure and the resilience of buyer interest at key technical levels. The rebound from $145 is a focal point for traders, indicating potential stabilization after a broad market sell-off that triggered widespread liquidations across both long and short positions. Market analysts are closely watching whether SOL can maintain this support to build a foundation for recovery.