Solana at $84: Two Liquidity Clusters Might Decide Next Move

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Two liquidity clusters come into focus Solana jumps 755% in payments volume Advertisement Solana (SOL) , the seventh largest cryptocurrency by market capitalization, traded down 1.40% in the last 24 hours to $84, according to CoinMarketCap. Following three straight days of rise at the week's start, Solana saw profit taking, now entering its third day of drop since March 4. Solana fell to a low of $83.67 early Saturday as the broader crypto market fell on a stronger dollar index. The dollar posted its sharpest weekly gain in a year, creating a direct headwind for cryptocurrencies. HOT Stories Crypto Market Review: Ethereum (ETH) Hits First Bullish Setup in 2026, Bitcoin Must Get Comfortable in $70,000s, Was Shiba Inu (SHIB) Price Neutralized? Ripple CTO Emeritus Reacts to XRP Price, Shiba Inu Prints 666% Spike in Futures, Dogecoin Erases Zero — U.Today Crypto Digest The U.S. job market weakened in February, seemingly putting back in play the possibility of Federal Reserve rate cuts in H1, 2026. Advertisement You Might Also Like Sun, 03/01/2026 - 10:26 Solana Leads Top 10 With 11% Jump in Crypto Market Rebound By Tomiwabold Olajide A drop of 92,000 jobs was reported last month, according to Friday's release from the Bureau of Labor Statistics. Economists had expected an addition of 59,000 new jobs, compared with January's gain of 126,000. Two liquidity clusters come into focus Uncertainty remains in the market, with the sentiment in the crypto market remaining cautious. Fear prevails in the market, with the Crypto Fear and Greed Index now at 20, which is fear, albeit this is a recovery from extreme fear levels of the past weeks. Advertisement Solana has broadly traded in a range between $75 and $95 since Feb. 7, indicating a struggle between bulls and bears. The significance of Solana's current trading range is that it houses two liquidity clusters. According to Ted Pillows, a crypto analyst, Solana has two liquidity clusters presently. On the upside, there is a small liquidity cluster around the $95 level. On the downside, there is a large liquidity cluster sitting near the $78-$85 levels. You Might Also Like Tue, 02/10/2026 - 15:54 Solana (SOL) Price Analysis for February 10 By Denys Serhiichuk Pillows believes that a sweep of downside liquidity might occur in the coming sessions and then a rally could happen next. Solana jumps 755% in payments volume Solana’s total payment volume (TPV) growth is outperforming peers and fintech giants alike, up 755.3% YoY. Western Union is issuing a new stablecoin on Solana, moving its treasury operations on-chain and opening up its network of over 500,000 retail agents to Solana apps. The 2026 launch of the USDPT token aims to remove the "working capital trap" of pre-funded accounts and lower average international transfer costs. #Solana News #Solana #Solana Price Prediction