<ul data-eligibleForWebStory="true">Solana's token dropped to $127, the lowest level since April, but rebounded to $146 after a ceasefire announcement.Over $1 billion in crypto liquidations were triggered by Middle East conflict fears, impacting Solana and other cryptocurrencies.Solana's market cap declined by 4%, but its trading volume increased by 12%, indicating higher on-chain activity.The ecosystem saw growth with the surge in Solana's perpetual DEX volume, launch of a Solana-based digital dollar, and other ecosystem updates.