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Market Panics as Solana (SOL) Drops Below $100 For The First Time Since February 2024

  • 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.

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