Solana Faces 29% Decline Despite $10B Liquidity Boost, U.S. Crypto Inclusion

Solana (SOL) has faced a significant downturn in 2025, falling nearly 29% year-to-date despite substantial liquidity injections and its inclusion in the U.S. Digital Asset Stockpile alongside Cardano and XRP. The anticipated bullish response from this endorsement has not materialized, as SOL's price dropped from $261 on January 18 to around $133 by early March, a 49% decline since the launch of the Trump token. Analysts attribute this struggle to a broader market downturn and a shift in investor focus toward memecoins, resulting in large capital outflows from SOL. Over $9.5 billion in USDC stablecoins have entered the ecosystem, but much of this liquidity has not supported SOL's price recovery. Many investors have liquidated their crypto holdings to invest in the TRUMP token, further pressuring Solana's value. Overall, market sentiment remains cautious, with Solana's long-term sustainability under scrutiny amid ongoing volatility.