Solana’s Price Decline Persists Despite Volatility in Markets Solana (SOL) has fallen by a nearly 29% decline since the start of 2025, despite the addition of $10 billion in new liquidity and inclusion in the US Digital Asset Stockpile, according to data from TradingView. The drop persists despite Solana becoming one of three altcoins selected for President Donald Trump’s Digital Asset Stockpile, in addition to Cardano (ADA) and XRP. $10 Billion Liquidity Inflow Fails to Revitalize Solana All of over $9.5 billion of new USDC stablecoins minted since January 2025, Solana’s price keeps going south, Lookonchain data indicate. Others assert the new liquidity has been placed in memecoins rather than being utilized to drive SOL’s price higher. SOL is down 49% since the news of Trump’s Official Trump (TRUMP) token’s launch, from $261 on January 18 to $133 on March 9. Investors Redirect Funds to Safety Assets Solana experienced over $485 million of outflows in February, with capital flowing to Ethereum, Arbitrum, and the BNB Chain, according to Binance Research. The broader crypto market is also down, with total market capitalization having lost nearly 17% since the beginning of 2025. Bitcoin dominance is also higher by 1% to 59.6% as an indicator of a flight to safety. Memecoin Scandals Dent Investor Confidence Solana memecoin disappointments, such as the collapse of the Libra token backed by Argentine President Javier Milei, have lowered sentiment as well. Insiders allegedly pulled out over $107 million in a rug pull, wiping out a 94% price drop in hours and annihilating $4 billion of investor capital. Though memecoin speculation continues to overwhelm liquidity flows, Solana cannot recover investor confidence and is raising concerns for its short-term price trend.