Solana is popular crypto project in market. Last 3 months the price was gone to almost 300 US dollars but now it is back to 135 which is like the value has gone down by over 50% in last 90 days and it clearly shows that this is a big drop in its value. It is part of the market crash with we are going through right now and I believe that this situation should stay for the more time because things are not really going good and despite nothing negative in the market this is the current situation.
We have also seen that the Bitcoin Crypto reserve has been approved by the US President and executive order has also been signed. This is only for the Bitcoin and Alt coin has nothing to visit. Kab Li use tariff is another news which is affecting the market globally and it is not that just Crypto market instead other markets are also affected due to tariff changes which we are going to see soon.
I am surprise that how come the value can go so much down for the Sumona which is a popular network and its community is big but looks like people are worried and they are in fear so this is why they are trying to sell and book profit to avoid any uncertainty or loss making situation on their investment. Again it's Crypto market so things can be disappointing sometimes however if you look at the long term perspective than hopefully the value of Apple and this is going to bring more positivity but that might take some time for now.
Generally March is not a good month for the Crypto market so I hope that this will make things great and we will see the market recovering in next you weeks or properly from the next month onwards.
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