SOL, XRP, DOGE Spark Altcoin Rebound After $1B Weekend Liquidations

What to Know

• Panic selling triggered by U.S. airstrikes on Iran caused over $1.2 billion in crypto liquidations over the weekend.
• Solana, XRP, and Dogecoin—among the hardest-hit—are now showing signs of recovery as dip buyers step in.
• Bitcoin reclaimed $101K, with analysts suggesting the quick rebound reflects market optimism that conflict impact may be limited.

Crypto Markets Bounce After Geopolitical Shock

After a violent weekend shakeout driven by escalating geopolitical tensions, crypto markets are showing signs of stabilization. A wave of panic selling followed the news of U.S. military strikes on Iran’s nuclear facilities, leading to over $1.2 billion in liquidations across major assets.

Solana (SOL), XRP, and Dogecoin (DOGE) — which saw some of the steepest drops among the altcoins — are leading the recovery as broader market sentiment steadies. The sharp correction flushed out leveraged traders, and early signs of renewed spot buying suggest that bulls are starting to re-engage.

Liquidations Ease After $1.2 Billion Wipeout

Over $642 million in crypto positions were liquidated in the last 24 hours, adding to the $595 million wiped out on Saturday. Bitcoin bore the brunt of the storm with $230 million in forced closures, while Ethereum saw $188 million in liquidations. Among the altcoins, Solana lost $28 million, XRP $21 million, and Dogecoin over $25 million in long positions.

Liquidation occurs when exchanges automatically close leveraged positions due to margin shortfalls, and a cascade of these events often marks a short-term sentiment extreme. Historically, such extreme unwinds have sometimes set the stage for market reversals as fear peaks and value buyers re-enter the market.

Prices have begun clawing their way back. As of Monday morning:

• Bitcoin (BTC) regained $101,237
• Ethereum (ETH) hovered near $2,236
• Solana (SOL) bounced to $133
• Ripple (XRP) reclaimed $2.01
• Dogecoin (DOGE) stabilized at $0.152

While many tokens still show losses on the daily chart, the speed and scale of the bounce suggest that the correction may have been overdone—at least for now.

Dip Buyers Step In as Risk Appetite Returns

Traders and analysts are now eyeing signs of institutional accumulation and growing use cases as reasons why certain altcoins are recovering faster than others. Despite the geopolitical backdrop, long-term sentiment appears largely intact.

Solana’s network activity remains strong, XRP is seeing fresh ETF-related interest, and Dogecoin continues to benefit from high liquidity and speculative attention. These fundamentals may be helping absorb sell pressure faster than expected.

Geopolitical Risk Still Lingers

Despite the rebound, macro risks haven’t vanished. The United States warned of “far greater” retaliation if Iran responds, and any major disruption to oil traffic through the Strait of Hormuz could impact global markets—including crypto.

Still, the swift rebound across top tokens suggests that traders believe the impact may remain localized, at least in the near term. For now, markets appear more concerned with opportunity than panic.

Outlook: Is the Worst Behind Us?

The post-selloff rebound indicates crypto’s continued resilience amid global instability. Analysts point out that liquidations of this magnitude often serve as reset moments, where overleveraged positions are cleared and healthier price discovery resumes.

If global tensions do not escalate further and macro indicators remain stable, crypto markets may be positioning for a continued climb. For altcoin traders, this weekend’s bloodbath could prove to be a painful, but necessary, reset before the next leg up.