Solana Faces Market Pressure Before November 18 Earnings

Solana Company plans to release its third-quarter operating results on November 18, 2025, after market close. The firm, which trades on Nasdaq under the ticker HSDT, recently expanded its operations to include a digital asset treasury focused on acquiring and holding Solana. 

According to the press release, investors will receive a broader business update during a conference call scheduled for the same day at 4:30 p.m. Eastern Time. This announcement comes as the token faces renewed pressure in the market, with Solana’s price showing fresh weakness across major time frames.

SOL Slips Ahead of Earnings as Market Activity Stays Elevated

Solana trades near $154 as of press time after a steady pullback. The token dropped nearly 4% over the past 24 hours and almost 2% over the past week. Its market capitalization stands near $85.47 billion, supported by a circulating supply of about 550 million tokens. 

Market activity remains elevated, with daily trading volume approaching $5.87 billion. However, sentiment has shifted as sellers continue to test major support levels.

Man of Bitcoin notes that Solana slipped below a key trendline and failed to regain it. The token attempted a retest from below but met resistance. Hence, analysts believe a drop below $145.81 may increase downside momentum. 

The next notable area sits within the broader green zone between $136 and $131. Additionally, the chart displays a bearish path where continued weakness may expose even lower levels. A move below $127 could confirm an extended corrective wave, which remains visible on the current structure.

Analysts Track Make-or-Break Band Near $155

Source: X

CryptoPulse highlights that Solana sits just beneath the $153 to $155 support area. Price action remains soft after the loss of the weekly trendline. Moreover, multiple retests of this zone have not attracted significant buying strength. Consequently, analysts are watching this region closely because it sets the tone for the short-term trend.

A decisive reclaim above $155 may ease immediate downside pressure and open a move toward $160. The next barrier sits near $163, which aligns with a broader resistance cluster. However, rejection at current levels leaves the token exposed to deeper decline. The next higher-time-frame support sits at $145 and later at $135 if sellers intensify pressure.