crypto market under pressure: Solana, polkadot and cronos navigate through fear of recession and technical challenges

<p> <strong> crypto market under pressure: Solana, polkadot and cronos navigate through fear of recession and technical challenges </strong> </p>

crypto update: Solana, polkadot and cronos in the focus amid amid.

In the first week of April 2025, the cryptoma market shows a lively activity, while investors pay attention to developments in Solana (Sol), Polkadot (DOT) and Cronos (Cro). Especially against the background of growing recession concerns that estimate the risk of recession to 40%, there could be increased volatility outbursts for crypto-assets.

Solana: critical point

Solana, known for its fast transactions and the scalable architecture, is currently being traded near a decisive level of support. Historically, this price range was a strong support that sellers were difficult to break through.

However, a recent “death cross”, which has formed due to the overlap of the sliding average of the 50- and 200-day line, indicates a potential declining momentum. A breakthrough under the $ 119.5 mark could trigger a decline towards $ 100. Nevertheless, if the bulls remain steadfast, a increase in the range between $ 160 and $ 180 could be possible during the month. Solana is currently being traded at a price of $ 125.40, which corresponds to a decline of 0.54% in the last few days and 10.64% last week.

Polkadot: Bulls sharpen with the hooves

Polkadot, a protocol that enables crisschain interoperability, currently has a price of around $ 4, which fluctuates at a decisive level of support, which has been frequently tested since 2022. According to reports, the StableCoin volume of Polkadot has reached record heights, which increases both liquidity and acceptance, since large stock exchanges integrate native USDT and USDC.

cronos: strategic initiatives have a positive effect

cronos, once known as Crypto.com Coin, showed impressive performance last week and rose by 30% while increasing 54% compared to his annual low. This positive dynamic is promoted by long-term developments, including a partnership with Trump Media for the introduction of ETFs and community-guided initiatives that create a strategic cryptor reserve, financed by 70 billion cro tokens, and the burning of 50 million token

The price of Cro approaches a level of resistance at $ 0.09802. A crossing of this level would create the prerequisites for movement in the direction of the Fibonacci retracement level of $ 0.133.

FAZIT

The cryptoma market remains in motion in view of the increasing risk of recession and the associated volatility. Solana, polkadot and cronos are the focus of the investors, while they navigate critical technical levels and take strategic steps. It remains to be seen how the markets will develop in the coming weeks.