Solana’s Potential Rebound: A Bright Spot in a Turbulent Crypto Market

As global markets face a significant downturn fueled by recession fears and geopolitical tensions, Solana ($SOL) emerges as a cryptocurrency to watch. Currently trading over 60% below its all-time high, SOL’s potential for recovery is bolstered by the prospect of a pro-crypto Trump administration. Alongside two other altcoins at pre-election lows, Solana stands poised to reclaim its peak valuations, offering a glimmer of hope for investors navigating the current market turmoil.

3 Cryptos to Buy As Global Markets Plummet

A weekend-long sell-off, triggered by deepening recession fears and Trump’s aggressive “tariff war,” has made it harder to pinpoint the best cryptos to buy. Solana ($SOL) is one of the coins worth watching, standing over 60% below its all-time high but potentially benefiting from a pro-crypto Trump administration. Two other front-running altcoins, not specified by name, also sit at pre-election lows and are poised to reclaim all-time highs.

Janover Raises $42 Million to Build Solana-Focused Treasury

A U.S.-listed company, Janover, has raised approximately $42 million through a private offering of convertible notes and warrants focused on the Solana ecosystem. The funds will be used to build a treasury of digital assets, starting with Solana-based tokens. The offering structure provides equity upside for investors while limiting risk through conversion terms. This initiative marks a shift toward on-balance-sheet token holdings within regulated public market frameworks. Ex-Kraken employees acquired a majority stake in Janover Inc. and will use the company’s treasury to buy SOL and Solana validators. Investors in the round included Pantera and others.

Solana Drops Below $100 For First Time In A Year

Solana is now trading below the $100 mark after intense selling pressure swept through the crypto market over the weekend. Sunday’s drop pushed SOL into its lowest price zone in more than a year, signaling a sharp shift in sentiment as fear grips the market. Since the start of March, Solana has lost more than 45% of its value, and momentum suggests the downtrend may not be over yet. The breakdown has sparked concern among investors and analysts alike, with many warning that SOL could be headed for deeper lows if current support fails to hold. Top analyst Jason Pizzino shared a technical analysis pointing out that this is the first time in over 12 months that Solana is trading below the $100 level — a historically significant threshold.

Solana Drops Over 10% in the Past 24 Hours

Solana has dropped over 10% in the past 24 hours, briefly dipping below the $100 mark. The decline reflects broader weakness across the crypto market, with SOL struggling to maintain key psychological support levels amid volatility caused by Trump’s tariffs. Over the past week, SOL has lost more than 18% of its value and was recently overtaken by Ethereum in decentralized exchange volume.