Solana

The Solana-based memecoin WAR, short for Western Asset Reserve, doubled in price on Friday before giving back nearly 20% in a sharp sell-off. During Monday's pullback, the token dropped from an intraday high above $0.60 to roughly $0.028, with trading volume near $22 million and market cap around $28 million. One holder controls 31% of the circulating supply, adding to volatility as the token's narrative ties its moves to geopolitical tensions rather than crypto-specific events.

Solana traded around $83 in the early hours of Monday, March 9, 2026, with bulls trying to keep the $80–$75 support zone intact amid persistent macro and geopolitical pressure. The altcoin has dropped more than 5% over the past month, while spot ETF assets stand near $958 million after recent outflows. Technical signals such as negative funding rates and weaker open interest suggest caution, but they have previously preceded short‑term upside moves toward the $100–$120 resistance region.

Bitcoin is trading around $67,445 with a market capitalization above $1.34 trillion, while the broader crypto market value hovers near $2.3 trillion. Major altcoins such as Ethereum, BNB and Solana show mixed movements, and the Altcoin Season Index at 37 signals that BTC continues to dominate sentiment.

Solana's price dropped from above $90 and moved below $88, $85 and $82, reaching a low near $80.29. SOL is now trading under $85 and the 100-hour simple moving average, with resistance seen around $85, $87.20 and $88.80. If buyers can hold the $82 and $80 support zones, the price could attempt a recovery toward $95 or even $102.

Over the past week, Bitcoin failed to clear the $74k resistance and retraced 8.9%, fueling pronounced volatility among medium-cap altcoins. OKB surged from $77 to $120 after its parent exchange received a $25 billion valuation, while Pi Network’s token broke key resistances and flipped its long-term trend. In contrast, Cardano fell 9.61% amid renewed criticism of its onchain activity and WLFI dropped 14% after a large team token sale, as traders watched BTC approach the $63k-$65k demand zone.

In early March 2026, Bitcoin ETFs shifted from more than $1.14 billion in inflows to hundreds of millions in daily outflows as large holders locked in profits. Ethereum, Solana, and XRP products mirrored this reversal, with major withdrawals from funds such as Fidelity's FETH and FSOL. At the same time, 21Shares listed the first U.S. spot Polkadot ETF and Morgan Stanley advanced its Bitcoin Trust filing, signaling ongoing institutional expansion despite short-term caution.

On March 8, 2026, Kraken introduced its Kraken xChange platform, providing a unified layer for tokenised equities on Ethereum and Solana. The venue supports trading of more than 70 tokenised stocks that are fully collateralised one-to-one with underlying shares, and offers atomic settlement, on-chain transfers and extended trading hours.

On 6 March 2026, BitGo CEO Mike Belshe argued that crypto-native custodians have a built-in edge over traditional banks that combine trading and custody. BitGo derives over 80% of its revenue from custody and staking fees, holds $104 billion in assets for more than 4,900 institutional clients, and operates under a U.S. federal banking charter. Belshe positions BitGo as core infrastructure for digital assets, supporting products like SoFiUSD and tokenizing its own shares on Ethereum, Solana, and BNB Chain.

As the crypto market pulls back, Solana has surrendered its recent rally, slipping 7% on Friday to revisit the $84 zone after briefly touching $94.05 earlier in the week. Analysts highlight that SOL has fallen back into its $78–$88 range and warn that a monthly close below $123.28 and $99.06 could mirror its 2022 downside pattern. At the same time, spot Solana ETFs remain resilient, with $1.5 billion in inflows and roughly half coming from institutional investors despite the token trading 57% below its July launch level.

Perplexity AI has issued price projections for XRP, Solana and Shiba Inu, mapping out potential upside through the end of 2026. Its scenario sees XRP moving from about $1.36 toward $10, Solana climbing from roughly $84 to around $700, and SHIB advancing from near $0.000005359 toward $0.00008 if key resistance breaks. The analysis links these forecasts to factors such as ETF developments, tokenization activity on major networks and meme coin market cycles.