Solana’s native token, SOL, has dropped by nearly 12.75% in the last 24 hours to a three-week low of $112.50 on April 3. SOL/USD daily price chart. Source: TradingView Key drivers behind SOL’s sharp correction include: The latest round of tariffs from the Trump administration and their potential to erase trillions of dollars from the stock market. Negative SOL futures basis and funding rates. Multiple technical factors. Let’s examine these catalysts in detail. Trump tariffs rattle Solana and broader crypto […]
