--- title: "Solana Approaches Key Support Level Amid Reduced Buying Pressure" type: "News" locale: "en" url: "https://longbridge.com/en/news/287051397.md" description: "Solana's price has dropped to $84.80 due to reduced buying pressure, nearing the $83.38 support level. Data from Glassnode shows the largest cost basis cluster is between $87.10 and $87.81, indicating limited support below this range if the price continues to fall." datetime: "2026-05-20T10:43:19.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287051397.md) - [en](https://longbridge.com/en/news/287051397.md) - [zh-HK](https://longbridge.com/zh-HK/news/287051397.md) --- # Solana Approaches Key Support Level Amid Reduced Buying Pressure Solana's price reached $84.80 as buying pressure significantly decreased over the past five days, bringing the asset closer to the $83.38 support level. According to NS3.AI, data from Glassnode indicated that the largest cost basis cluster is between $87.10 and $87.81, which is above the current trading price. Meanwhile, demand zones below this level remain sparse, suggesting limited support if the price continues to decline. ### Related Stocks - [HSDT.US](https://longbridge.com/en/quote/HSDT.US.md) - [SOLT.US](https://longbridge.com/en/quote/SOLT.US.md) - [SOLZ.US](https://longbridge.com/en/quote/SOLZ.US.md) - [GSOL.US](https://longbridge.com/en/quote/GSOL.US.md) - [VSOL.US](https://longbridge.com/en/quote/VSOL.US.md) - [BSOL.US](https://longbridge.com/en/quote/BSOL.US.md) ## Related News & Research - [Hyperliquid Faces Fresh Solana Threat As Toly Backs New Perp DEX](https://longbridge.com/en/news/286852024.md) - [Why SOL price is struggling even as Solana ETF inflows rise](https://longbridge.com/en/news/287040526.md) - [Solana futures funding turns negative as price drops to $83](https://longbridge.com/en/news/287065425.md) - [Solana Co Q1 revenue surges on staking rewards](https://longbridge.com/en/news/286608944.md) - [Solana Eyes $117 Breakout — If Bulls Can Crush This Key Resistance](https://longbridge.com/en/news/286650959.md)