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Why is Solana (SOL) price down today?

cryptoweekly by cryptoweekly
March 7, 2025
in bitcoin, News
0

SOL price risks a 25% drop as Donald Trump’s latest crypto executive order confirms no additional purchases of non-Bitcoin cryptocurrencies.

Solana (SOL) has dropped by 7.50% in the last 24 hours to reach around $142 on March 7, mirroring losses across the cryptocurrency market.

SOL/USD four-hour price chart. Source: TradingView

Top reasons driving the SOL prices lower today include:

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Recent Posts
  • Bitcoin Knots gain ground: Will a chain split kill BTC price?
  • ‘Policy procrastination’ leaves UK trailing EU, US in crypto regulation: Experts
  • XRP price rally’s biggest earners are selling $68.5M tokens every day
  • XRP price rally’s biggest earners are selling $68.5M tokens every day
  • ZachXBT slams Bitcoin bridge Garden Finance for laundering hacked funds
  • Nakamoto Holdings secures $51.5M to expand Bitcoin treasury strategy
  • Crypto cycle is playing out ‘spookily similar’ to 2017: Raoul Pal

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