Why is SOL crashing?

Could you please shed some light on the recent crash of SOL? It seems to have taken quite a tumble, and I'm curious as to what might be causing this downward spiral. Is it related to the broader market conditions? Or perhaps there's some specific news or event that's weighing heavily on its price? As a professional in the field of cryptocurrency and finance, your insights would be greatly appreciated. Could you provide some analysis on what might be driving this trend and what investors should be keeping an eye on in the near future?