Solana Crashes 45% Against Bitcoin: What's Next for SOL?

Solana has plunged 45% against Bitcoin, marking one of the most significant market shifts of 2025. While SOL has suffered heavy losses, Bitcoin’s rising dominance signals a liquidity outflow from altcoins. Investors are shifting capital back into BTC, which has managed to hold key resistance levels, leaving alternative assets struggling to maintain strength.

SOL/BTC is now testing critical multi-month support at 0.001679 BTC. A breakdown below this level could push prices lower, with 0.0016 BTC acting as immediate support. Losing this zone may trigger further declines toward 0.0015 BTC, increasing the risk of liquidations. For a potential recovery, SOL/BTC must reclaim 0.0020 BTC, with a breakout above 0.0025 BTC needed to confirm a trend reversal.

Despite SOL’s weakness against Bitcoin, its USD price remains somewhat stable around $170. However, the broader market trend suggests that Solana could struggle to maintain upward momentum. Bitcoin’s continued strength is diverting liquidity away from altcoins, making it harder for SOL to regain lost ground.

Even with the downturn, Solana remains a dominant blockchain in DeFi and NFTs. Yet, as long as BTC maintains control, risk-averse investors may continue prioritizing stability over high-volatility assets like SOL. Bulls must reclaim key resistance levels to change the narrative, or Solana may remain trapped in a downward trajectory in the near term.