Solana Price Plunges Below March Low – Could It Drop Further?

Solana (SOL) made headlines recently after being labeled as a “security” by the US Securities and Exchange Commission (SEC). As a result, SOL is facing challenges in its price movement. 
In light of this regulatory setback, investors closely monitor SOL’s performance. According to CoinMarketCap, SOL is currently priced at $15.45, sustaining a seven-day slump of 23.13%. As the market remains uncertain, one wonders: Will Solana be able to recover from its recent downtur