The Sandbox (SAND) news: what is happening today
Market summary from our own Hyperliquid data · updated 2026-07-25 04:14 UTC
The Sandbox falls 5.32% in a week, as our model stays defensive
The Sandbox is down 5.32% over a week. What follows is what sits behind that move: large-wallet positioning, derivatives, our own model.
What matters on The Sandbox right now?
Our own rules-based model reads The Sandbox at 19/100, which is SELL territory. What stands out right now:
- The Sandbox is closing in on its 401-day lowPrice is 2.00% from the low of the last 401 days.
- The trend still points downPrice is below the 50-day average and below the 200-day; the two are 36.18% apart.
- Leverage is paying up to stay positionedFunding runs at 37.80% a year — shorts pay longs, with $317 K of open interest.
What does the The Sandbox data show?
1. The Sandbox is closing in on its 401-day low
The Sandbox sits 2.00% from the lowest daily close of the last 401 days. Edges of a range matter because that is where resting orders cluster: a daily close through the level converts it from resistance into support (or the reverse), while a rejection there usually sends price back toward the middle of the range.
2. The trend still points down
Price trades below its 50-day average and below its 200-day, with the two averages 36.18% apart. Market structure is still making lower highs and lower lows. The most recent daily candle pattern is three black crows. RSI (14) is 35.5.
3. Leverage is paying up to stay positioned
Perpetual funding runs at 37.80% annualised, so shorts are paying longs to keep their positions open. Funding is a crowding tax: the more one-sided the book, the more it costs to stay on that side, and the more likely the weakest hands there get squeezed out. Open interest stands at $317 K — that is the size of the leveraged book that has to be closed eventually.
What has already happened to The Sandbox?
June 2026
- The Sandbox closed at a 365-day low of $0.04692Previous trough of the 365-day window $0.04962, undercut by 5.44%−5.44%
- The Sandbox moved +17.61% in a day, 5.4× its 30-day volatility30-day standard deviation of daily returns 3.24%+17.61%
- SAND’s MACD crossed into bullish territoryMACD line against its own signal line on closed daily candles
- The Sandbox closed at a 180-day low of $0.05224Previous trough of the 180-day window $0.05756, undercut by 9.25%−9.25%
- The Sandbox closed at a 180-day low of $0.05756Previous trough of the 180-day window $0.06135, undercut by 6.17%−6.17%
- SAND RSI entered oversold territory at 26.6RSI was 30.8 the day before; the bands are 30 and 70
- The Sandbox closed at a 180-day low of $0.06152Previous trough of the 180-day window $0.06774, undercut by 9.17%−9.17%
- The Sandbox moved −10.98% in a day, 4.0× its 30-day volatility30-day standard deviation of daily returns 2.73%−10.98%
May 2026
- SAND’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
Show the earlier history (31 more entries)
April 2026
- SAND’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
March 2026
- The Sandbox closed at a 180-day low of $0.07332Previous trough of the 180-day window $0.07683, undercut by 4.57%−4.57%
- SAND’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
February 2026
- The Sandbox closed at a 180-day low of $0.07853Previous trough of the 180-day window $0.09719, undercut by 19.20%−19.20%
- SAND RSI entered oversold territory at 27.9RSI was 34.6 the day before; the bands are 30 and 70
January 2026
- The Sandbox closed at a 180-day low of $0.1020Previous trough of the 180-day window $0.1086, undercut by 6.10%−6.10%
- SAND’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
- SAND traded $2.5 M, 17.9× its 30-day median volume while price moved +14.01%30-day median volume $140 K+14.01%
- The Sandbox moved +20.96% in a day, 5.6× its 30-day volatility30-day standard deviation of daily returns 3.71%+20.96%
- SAND traded $3.7 M, 27.0× its 30-day median volume while price moved +20.96%30-day median volume $135 K+20.96%
- The Sandbox moved +10.01% in a day, 3.0× its 30-day volatility30-day standard deviation of daily returns 3.32%+10.01%
December 2025
- The Sandbox closed at a 180-day low of $0.1114Previous trough of the 180-day window $0.1150, undercut by 3.14%−3.14%
- The Sandbox closed at a 180-day low of $0.1150Previous trough of the 180-day window $0.1191, undercut by 3.50%−3.50%
- The Sandbox closed at a 90-day low of $0.1191Previous trough of the 90-day window $0.1249, undercut by 4.62%−4.62%
- SAND RSI entered oversold territory at 28.2RSI was 30.5 the day before; the bands are 30 and 70
- The Sandbox closed at a 90-day low of $0.1249Previous trough of the 90-day window $0.1309, undercut by 4.57%−4.57%
- SAND’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
- The Sandbox closed at a 90-day low of $0.1309Previous trough of the 90-day window $0.1377, undercut by 4.93%−4.93%
- The Sandbox closed at a 90-day low of $0.1416Previous trough of the 90-day window $0.1509, undercut by 6.16%−6.16%
November 2025
- SAND RSI entered oversold territory at 29.8RSI was 30.1 the day before; the bands are 30 and 70
- The Sandbox closed at a 90-day low of $0.1524Previous trough of the 90-day window $0.1650, undercut by 7.64%−7.64%
- The Sandbox closed at a 90-day low of $0.1650Previous trough of the 90-day window $0.1725, undercut by 4.35%−4.35%
- SAND’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
- The Sandbox closed at a 90-day low of $0.1739Previous trough of the 90-day window $0.1818, undercut by 4.38%−4.38%
October 2025
- SAND’s MACD crossed into bullish territoryMACD line against its own signal line on closed daily candles
- The Sandbox closed at a 90-day low of $0.1868Previous trough of the 90-day window $0.2570, undercut by 27.30%−27.30%
- The Sandbox moved −29.66% in a day, 8.8× its 30-day volatility30-day standard deviation of daily returns 3.39%−29.66%
- SAND RSI entered oversold territory at 24.3RSI was 43.2 the day before; the bands are 30 and 70
September 2025
- SAND’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
August 2025
- SAND’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
July 2025
- SAND’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
Entries are produced by the Spottrench algorithm from Hyperliquid data.
What is next for The Sandbox?
Dates we can verify and levels that would change the read on The Sandbox. No project roadmaps here — only schedules that exist on-chain or in the company calendar, and thresholds measured from our own data.
Unlock schedule from DefiLlama; earnings dates from the company calendar.
The bottom line
Pulling it together, our combined signal reads SELL (19/100, where 50 is neutral). On the last closed day The Sandbox rose 0.12% against a category median of +0.00%, with 88 of 177 markets in the category closing lower. We do not claim to know why The Sandbox moved — everything above is measurement, not a cause.
Frequently asked questions
What is the latest news on The Sandbox?
The most recent development we recorded is: The Sandbox is closing in on its 401-day low (2026-07-25). This page is a dated log computed from market data rather than a press feed — every entry is a measurement with the date it happened.
How often is the The Sandbox page updated?
Once a day: it is recomputed after the daily candle closes, and the time of the last update is printed at the top of the page. Log entries are dated by the day the event happened, not the day we published it.
Where does the The Sandbox data on this page come from?
From Hyperliquid directly: daily candles, open interest, funding and the on-chain positions of active large wallets. Nothing here is copied from another site's article, and no language model writes the text — the wording is generated from the numbers by fixed rules.
Is this The Sandbox page investment advice?
No. It is an algorithmic summary of measured market data from Hyperliquid — price moves, positioning, derivatives and our own model. It is not investment advice and past performance does not guarantee future results.
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