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Solana's (SOL) price has been on a wild ride, and the latest analysis suggests it may drop to $210 due to rising liquidations. In the last 30 days, Solana's price surged by over 34%, reaching a market capitalization of $106 billion. However, the token's price has recently plummeted under its $237 support, and the Relative Strength Index (RSI) indicates selling pressure.

According to Alphractal, a data analytics platform, levels like $210 and below $200 hold the highest concentration of liquidations across exchanges. This could be a sign of rising bearish sentiment, and investors might want to reenter the market when SOL's price drops to $210.

Here are some key points to consider:

- Solana's liquidation levels: SOL's price may drop to $210 due to rising liquidations.
- Bearish sentiment: The token's long/short ratio has declined, indicating more short positions in the market.
- Support levels: SOL's price recently plummeted under its $237 support, and the RSI indicates selling pressure.