Solana (SOL), the 7th most valuable altcoin, dropped below $100 for the first time since February 2024.Factors driving the downtrend include political tariffs and negative futures trading, leading to market volatility.Despite a mild hourly gain, technical signals suggest SOL is still in troubled waters with oversold RSI and bearish MACD crossover.Solana (SOL) is currently trading at $107, down over 6% in 24 hours and 15% in the last 7 days, with a recent 3.27% price jump.