Solana’s price is facing significant pressure as a result of substantial long liquidations exceeding $83 million. The RSI currently sits at 25.14 indicating potential oversold conditions, but no confirmed reversal. Despite the recent decline of 11.79% to trade around $141.22, Solana’s social activity has become remarkably similar to Ethereum (ETH), showcasing growing interest in the asset. Solana’s price continues to fall, with a market capitalization drop of 11%. The current trading volume reflects intense selling pressure, reaching over $8.58 billion. This data underlines the volatility within the market, revealing that Solana’s long liquidation values have reached $90.91 million in the past 24 hours, contributing significantly to this downturn. Additionally, Solana’s price has fallen below $150 from a starting point of around $159.68 and continues to decline.