Holt moved to Rangers in 2015 but has reportedly been deemed surplus to requirements by new Ibrox boss Steven Gerrard.
Rangers fans are reacting on Twitter to reports that one of their longest serving players could be on his way out of Ibrox this summer.
Like Halliday, Holt arrived at Ibrox in the summer of 2015, and only Lee Wallace and a handful of academy products have been at the club for longer than the 25 year old.
But despite featuring regularly in his first two seasons in Glasgow, Holt only made 18 starts in the league last term.
And while some Gers fans believe there is still a place for the Edinburgh native within Gerrard's squad, many believe his Ibrox career has run its course.
This is what they are saying about the speculation.
All the best to wee Holty and Andy Halliday! Gave their all in a Rangers jersey but glad to see both been told to move on, lack a quality showed at times. Sure holt will go on to do well in the game— Ryan Jordan (@ryanjordan5) 13 June 2018
Gutted for Jason Holt. He was never given the credit he deserved. I agree he is probably not of a high enough standard if we want to get back to winning ways. Hope he finds another massive club and has a great career. Thanks for your service to the club young man. ⚪️— ❌➡️ (@RangersOnly4Me) 13 June 2018
I’ve nothing personal against Halliday and Holt but they are just not good enough. They have to go this summer. No ifs, buts, maybes or more chances. This should be the end of the road for them at Rangers, simply has to be. We need far better to compete.— Kirsten (@kirsten93_) 13 June 2018
Jason Holt has the right mentality but just not quite Rangers level. Put in the effort and passion, shame it didn't work out!— Matthew Ross (@MatthewRoss6) 13 June 2018
Feel sorry for holt and halliday as I honestly thought they gave their all in every game they played, but sometimes their all just isn’t what rangers need, we require better, and I genuinely wish them all the best if they move on, right decision for all,— John Belton (@johnbelton1) 14 June 2018
Good luck Jason Holt. I love the tennacity you play with. A 65k signing and worth every penny.— colinkeose (@colinkeose) 14 June 2018
Awrite I’ll say it, for me, Jason Holt wasn’t good enough to play at the top level with us. Heart of a lion and no much else. Hope he goes down south and does the business— ⚽ (@Bigelchombo) 13 June 2018
Jason holt was a summary of the banter era.— Jack ⚡ (@WatpJack) 13 June 2018
hey kevin, i agree holt isnt a 1st team regualar, but he should be in the squad— givemeabreak!!! (@givemeabreak197) 13 June 2018
Is it time for Rangers to part with Holt?