Solana experienced a 28% crash but has since rebounded to $143, recovering 4% in the past day. Profit-taking and President Trump's announcement on tariffs contributed to the decline. Despite the volatility, Solana's decentralized exchange (DEX) sector remains strong, with high trading volumes on platforms like Raydium, Meteora, and Orca. On the technical front, resistance is at $150.05, $166.32, and $179.01, while support is at $136. The relative strength index suggests a possible brief recovery. However, FTX's bankruptcy estate offloading large amounts of SOL adds uncertainty to the market. Traders are closely monitoring if Solana's recovery can hold.



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