Solana (SOL) extended its recent slide this week, with the token changing hands around $83.10 as of March 28 (UTC) and posting a 7.62% weekly decline—one of the steepest drawdowns among major large-cap cryptocurrencies. The move comes as broader crypto markets digest a cluster of risk-off catalysts, including Bitcoin options expiry dynamics, ETF-related outflows, and rising geopolitical uncertainty that has weighed on sentiment across digital assets.