Solana has experienced a sharp decrease in recent weeks and reflected a wider drop in the crypto money market. Earlier this year, after the $ 200, the left fell to approximately $ 124 and pointed to a harsh correction. The decline is compatible with Solana’s diminishing investor sensitivity and decreasing activity in the once -developing memecoin sector. Experienced analyst Yashu predicts that the SOL can see more decreases.
Crypto money price may drop to $ 100 until April!
Technical indicators show that there is more downward risk for the left. The crypto currency recently closed around 166 dollars under the 50 -week exponential moving average (50 -week EMA; Red Wave). Historically, the decisively gold of this EMA triggered a longer bear market, as shown in the graph below.
Until April, the next downward targets for the left appear in a combination of support around the $ 100 level. This merger point consists of a rising trend line, 200 weeks of EMA (blue wave) and 0.382 Fibonacci retreat line. The relative power index (RSI) values of around 39 indicates that the pressure pressure increases, while the decreasing momentum increases the likelihood of a deeper withdrawal.
The collapse of breast coins increases downward risks!
The dramatic decline in Solana -based breast coins played a key role in the latest sales. The Memecoin industry, which was once the driving force behind the Left’s ascension momentum, lost speed by led to a significant decrease in ten-ach activities.

The data from Pump.fun, a leading solana Memecoin launch platform, reveals that there is a serious decrease in daily distributed tokens and that the number of transactions of more than 60,000 in January 2025 fell below 2 million in March.

In addition, Pump.fun’s income fell from $ 15.5 million in January to only $ 110,726 in March, reflecting a wider decrease in the market in the risk appetite.

The decline in the launch of Memecoin and the decline in Pump.fun’s income indicate that the speculative interest that previously offered Solana’s explosive growth has cooled. As the traders came out of speculative assets, the transaction volume of the left narrowed and further intensified the downward risks.