The market crash on the 5th of January led to SOL’s price losing its ground of $175. The altcoin further lost its support at $130 on January 17th. While the price of SOL did rise back to $110, following its fall below $100. However, the Wormhole hack took back the price below the 3-digit mark. Whilst Solana did breach back to its target of $110, the recent clash between Russia and Ukraine. And the anxiety around FED’s rate hike did bring down gains to square one. That said, in view of the fast-approaching new quarter SOL parted ways with the first quarter at $130.47. Moving in tandem with the broader crypto market, SOL took a steep fall, with the start of the second quarter.