Why did Solana crash so hard?

Could you please shed some light on the recent precipitous decline in Solana's value? I'm curious to understand the reasons behind this significant crash. Was it due to a specific event or a series of events? Did it have something to do with the broader market conditions or was it more specific to Solana itself? Also, how does this crash impact the overall cryptocurrency landscape and what are the potential consequences for investors? I'm eager to gain insights from your expertise in this field.