Solana Crash Post-Mortem: 3 On-Chain Metrics Show Deeper Damage After 17% Weekly Drop

Solana (SOL) fell about 17% over the past week, with on-chain data pointing to capital outflows, long-term holder selling, and weaker trading activity. According to BeInCrypto, Solana’s DeFi-only TVL is near $4.87 billion (excluding liquid staking), down about 9.55% over the past week and roughly 15% over 30 days. Hodler net position change dropped from about 3.27 million SOL on May 31 to roughly 2.36 million SOL by June 6. SOL rebounded about 13% off its June 6 low near $60, but a cost-basis supply cluster near $74-$75 may act as resistance; DEX dominance slipped to about 22.6% from ~30.4% on June 4.