Saros Token Falls 70% to $0.109, Rallies to $0.30
The Saros Token (SAROS) suffered a steep price crash on August 24, 2025, plunging nearly 70% to $0.109 in hours. This sudden decline erased months of gains for the Solana DeFi platform. Founder Thanh Le linked the crash to leveraged trading, revealing open interest on centralized exchanges fell from 90 million to 20 million SAROS. Neither the Saros team nor long-term holders initiated sales during the storm.
After the sell-off, the altcoin staged a recovery, bouncing back to $0.30 as buyers re-entered. However, technical indicators signal persistent volatility: the 4-hour RSI remains below 40, and the MACD shows a bearish crossover with a deep negative histogram. CoinGecko data indicates over 50% of the community retains a bearish outlook.
This event echoes Mantra (OM)’s 90% drop in April 2025. Analysts warn that heavy reliance on margin positions heightens altcoin volatility. With a market cap around $922 million, SAROS now tests crucial support at $0.30. Traders should monitor RSI and MACD thresholds to confirm if this rebound will hold or if a further downturn looms.
Bearish
The sudden Saros Token crash underscores the dangers of leveraged trading in the altcoin market. A 70% plunge to $0.109 wiped out months of gains and pushed technical indicators into bearish territory. The 4-hour RSI below 40 and a negative MACD histogram confirm weak momentum. This mirrors Mantra (OM)’s 90% collapse in April 2025, where heavy margin positions triggered extreme volatility.
In the short term, traders will remain cautious, watching the $0.30 support and key RSI/MACD levels. Forced liquidations could drive further swings. In the long term, a sustainable recovery will require reduced leverage, renewed buying pressure, and positive sentiment toward Solana DeFi projects. Until SAROS reclaims critical levels and momentum indicators turn positive, the outlook remains bearish.