Headline: Solana Slides Back to $80 as Crypto Rebound Loses Steam Solana (SOL) has reversed course after a brief rally, tumbling back to the $80 area following a recent peak near $87. The token’s short-term momentum looks fragile, and a renewed push below $80 is increasingly likely if the broader market continues to weaken. Key price moves - CoinGecko shows SOL down 4.3% over 24 hours, 16.8% over seven days, 36.5% over 14 days and 42.4% over the past month. - Bitcoin’s pullback is part of the story: BTC slid to roughly $66,000 from a recent high near $71,000, falling about 3.3% in 24 hours and more than 12% for the week (CoinGecko). Bitcoin’s weakness often drags high-beta altcoins like Solana lower. What’s driving the drop The market-wide downturn began in late 2025 and was intensified by a liquidity crunch that amplified price declines across major crypto assets. SOL — which surged to an all-time high of $293.31 in January 2025 — has now lost more than 72% from that peak. Correlation with BTC’s moves and reduced market liquidity are the immediate pressure points for SOL. Outlook and context Despite the current correction, many observers point to Solana’s track record of bouncing back after severe drawdowns. The network recovered strongly following the FTX-era crash that pushed SOL below $9. Some analysts remain bullish: CoinCodex projects Solana reclaiming the $100 level in the months ahead and even targets $134.38 on April 7, 2026. Bottom line In the near term, SOL faces downside risk if Bitcoin’s retracement and tight liquidity persist — $80 is a critical level to watch. Over the medium term, recovery depends on broader market stabilization, renewed liquidity, and renewed investor appetite for risk assets. Read more AI-generated news on: undefined/news