Solana Ad Controversy Sparks Selling Pressure: Solana Price Prediction Suggesting Recovery to $130?

Solana is one of the most popular blockchain networks. Now found itself in hot waters when poorly received advertising provoked community outrage. The now-deleted ad, which was taken to promote its user-friendliness, came across as tone-deaf, sparking criticism on social media. As the project scrambles to manage its public image, investors are wondering whether this has any impact on Solana’s market performance. With SOL’s price already facing volatility, could this misstep drive a further dip, or will Solana shake off the negativity and continue its upward trend?

Solana’s Marketing Misfire and Community Reaction

The controversial Solana ad, which was meant to highlight the blockchain’s ease of use, instead sparked backlash for its tone-deaf messaging on gender issues. The video featured a woman struggling with everyday technology but effortlessly using Solana. This implies that the network is so simple that even the “least tech-savvy” could use it. Critics slammed the ad as patronizing and outdated, with many calling it cringe-worthy and tone-deaf rather than effective marketing.

The backlash was swift, with the crypto community taking to social media to criticize the campaign. Some users accused them of propagating negative stereotypes, while others asked how the marketing team approved the ad in the first place. The criticism grew strong enough that Solana quickly deleted the video, but not before it had already circulated widely.

While this is not the first time Solana has faced PR troubles, the controversy comes at a time when market sentiment is highly volatile. Some analysts argue that such branding missteps could hurt institutional confidence, while others believe the impact will be short-lived. With Solana’s strong market position, the real question is whether this incident will have any lasting impact on SOL’s price trends.

Solana Price Prediction: After Breaking Down from $125

Solana has experienced significant fluctuations over the past 24 hours, characterized by multiple trend shifts and technical indicator signals. The trading session on March 17th began on a bullish note, supported by a golden cross from the previous day. The RSI entered overbought territory at 8:01 UTC, reinforcing buying momentum. However, a death cross on the MACD at 4:30 UTC introduced bearish pressure, leading to a price decline. This downward movement was further emphasized by an oversold RSI reading at 6:13 UTC before a golden cross at 6:45 UTC reignited buying activity.

Chart 1, Analyzed by ShwetaCW, published on TradingView, March 18, 2025

Despite a brief recovery, another death cross at 12:10 UTC, along with an oversold RSI at 13:00 UTC, caused selling pressure to resurface, establishing support at $125.55. A golden cross at 15:10 UTC spurred a renewed rally, which met resistance at $130.64 after overbought signals at 18:45 UTC and 19:30 UTC. However, bearish momentum dominated the late hours, pushing the price downward into March 18th.

Continues oversold at 00:50 UTC, 1:20 UTC, and 3:30 UTC intensified selling pressure, leading to a breakdown from the support level. According to the Solana price prediction, If Solana reclaims its previous trading range, this breakdown could be a fakeout, potentially setting the stage for a retest of $130.64. Conversely, continued bearish momentum may push the price below $123.50.

Amid Community Backlash – What’s Next for SOL?

The controversial Solana ad sparked community backlash, contributing to Solana’s market performance volatility. This sentiment shift, combined with technical indicators, intensified selling pressure, leading to a breakdown from key support levels. Despite brief upward trends, resistance at $130.64 limited bullish momentum. Solana’s market action highlights how this controversy directly affects the Solana price prediction as uncertainty drives fluctuations. If negative sentiment persists, bearish pressure could push SOL below the $123.50 support. However, a recovery into the previous trading range may indicate stabilization, potentially leading to a breakout. Traders are now closely monitoring whether Solana can regain momentum or continue facing downward pressure.