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Solana dips 7% amid US-Iran tensions and new crypto regulations, but institutional interest stays strong.

Market News
23 Mar 2026
Blockonomi
View Source
Neutral
pluang ai news

Solana (SOL) fell about 7% last week, trading near $86-$87, pressured by broader crypto market weakness and rising US-Iran geopolitical tensions. The US SEC and CFTC introduced a new crypto token classification system, clarifying regulatory status for tokens including Solana. Despite the price drop, institutional investors remain confident, with Solana ETFs seeing $21-$26 million inflows for six consecutive weeks and record value locked in Solana-based protocols. Technically, Solana faces resistance at $90 and support near $85, with potential to test $100 if bulls regain control.

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