{"id":8331,"date":"2025-08-20T11:46:37","date_gmt":"2025-08-20T11:46:37","guid":{"rendered":"https:\/\/bitunikey.com\/news\/solana-price-crash-incoming-coinbase-futures-add-fuel-to-sol-volatility\/"},"modified":"2025-08-20T11:46:51","modified_gmt":"2025-08-20T11:46:51","slug":"solana-price-crash-incoming-coinbase-futures-add-fuel-to-sol-volatility","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/solana-price-crash-incoming-coinbase-futures-add-fuel-to-sol-volatility\/","title":{"rendered":"Solana price crash incoming? Coinbase futures add fuel to SOL volatility"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Solana price is facing heightened short-term risk, with Coinbase\u2019s new perpetual futures adding both potential fuel for a rebound and amplified downside pressure.<\/p>\n<div id=\"cn-block-summary-block_109edfbbff544176525f79d9f119ff6b\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Solana price is showing signs of short-term momentum weakness as it slips below the 7-day EMA ($183.5).<\/li>\n<li>Bearish RSI divergence and a potential double-top formation around $206\u2013210 suggest elevated downside risk.<\/li>\n<li>Coinbase\u2019s new SOL perpetual futures, with up to 5x leverage, could amplify volatility\u2014potentially driving a sharp rebound or accelerating downside moves.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>After rallying\u00a067%\u00a0from the late-July bottom at\u00a0$126\u00a0to the\u00a0$210 intraday peak on August 14, slightly and briefly surpassing the July rally top at\u00a0$206, Solana (SOL) price has retreated sharply, dipping to a\u00a0$175 low yesterday. <\/p>\n<p>While today\u2019s daily candle shows signs of a bounce, SOL price remains capped below the\u00a07-day EMA ($183.5), signaling that short-term momentum is under pressure.<\/p>\n<p>Adding to the cautious outlook, there\u2019s a clear case of\u00a0bearish RSI divergence: even as Solana price pushed to a new high above $210, the RSI printed a lower high. This signal, combined with the failure to break above the $206 July peak, raises the risk that SOL is carving out a\u00a0double-top formation around the $206\u2013210 zone.<\/p>\n<p>If the bounce fails to reclaim and hold above the 7-day EMA and the $190 resistance region, the downside risk remains high. A breakdown below\u00a0$173\u2013170 (50-day SMA)\u00a0could open the door for a deeper correction toward the\u00a0100-day SMA near $166, and potentially even the\u00a0$155, which would mark the completion of a\u00a0double-top neckline breakdown \u2014 signaling further downside.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/skYOuuO6\/?symbol=BINANCE%3ASOLUSDT\" target=\"_blank\">TradingView<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Could Coinbase\u2019s new SOL perps trigger Solana price crash?<\/h2>\n<p>The risk of further downside is amplified by the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/cbFutures\/status\/1957464095923270005\" target=\"_blank\">recent launch<\/a> of Solana perpetual futures on Coinbase. While these contracts give U.S. traders a regulated way to trade SOL with up to 5x leverage, that leverage can cut both ways. <\/p>\n<p>On one hand, it could fuel a strong rebound if buyers step in near the $175\u2013$180 support zone. On the other hand, the same leverage makes it easier for traders to push Solana price lower through short positions, which could intensify selling pressure if the market fails to hold key levels.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">US traders, are you ready?<\/p>\n<p>You can now access SOL and XRP perpetual-style futures on Coinbase Financial Markets. Trade with no monthly expirations and access up to 5x leverage within a secure and regulated environment.<\/p>\n<p>Explore the new perpetual-style contracts \u2192 here.\u2026 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/GBPhk1FMM8\" target=\"_blank\">pic.twitter.com\/GBPhk1FMM8<\/a><\/p>\n<p>\u2014 Coinbase Futures (@cbFutures) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/cbFutures\/status\/1957464095923270005?ref_src=twsrc%5Etfw\" target=\"_blank\">August 18, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana price is facing heightened short-term risk, with Coinbase\u2019s new perpetual futures adding both potential fuel for a rebound and amplified downside pressure. Summary Solana price is showing signs of&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2968,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=8331"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8331\/revisions"}],"predecessor-version":[{"id":8332,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8331\/revisions\/8332"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/2968"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=8331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=8331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=8331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}