Solend a decentralized loan project build on solana network almost create what could have been another sad story in the development of crypto currencies but wisdom from solana government and voters safe the day. We could have had the same story of Luna in our hand if not decisions to stop whales from dumping. Good one from solana team.
I think all cryptocurrencies were affected by the bitcoin price collapse some time ago because indeed all price movements depend on bitcoin price movements, while solana's collapse is not too deep because I think the developers understand that and provide very strong support to keep the price stable.
That's what Bitcoin is like and it's common knowledge that the price movement of other coins depends on the price of Bitcoin,
other than that need to be grateful also that Solana has an amazing developer,
Let's see what developers will do to make Solana's price rise again