Solana Price at Risk of Liquidation Cascade as Market Aversion Continues

The Solana price has been affected by the broader market's shift towards risk aversion and the recent DeFi exploit. The coin fell 1.77% to $83.95 in 24 hours, mirroring Bitcoin's 1.47% drop and a 1.25% decrease in the total crypto market cap.

The largest DeFi exploit of 2026, worth $292 million, has increased selling pressure on Solana. Crypto analysts are warning that if the price falls below $83, it could trigger a cascade towards $80 or lower.