A major altcoin recovery is underway after the crypto market faced heavy selloffs over the weekend. Solana (SOL), XRP, and Dogecoin (DOGE) led the rebound, signalling renewed investor confidence and resilient fundamentals. The volatility was triggered by U.S. military strikes on Iran, which spurred panic selling across global risk markets.
Bitcoin dropped below $100,000 briefly, while altcoins recorded deep drawdowns before stabilising on Monday. The total liquidation across crypto assets exceeded $1.2 billion in just two days, reflecting the scale of the shakeout. Despite the panic, key tokens like DOGE, SOL, and XRP have bounced back strongly, buoyed by spot buying and institutional flows.
SOL, XRP, DOGE Rebound After Weekend Crash
SOL XRP DOGE rebound was observed after extreme volatility saw prices plunge late Saturday evening. Dogecoin touched $0.143 before recovering to $0.15390, supported by high-volume buying near support. XRP fell under $2 but bounced above $2.02, while SOL dropped near $130 before reclaiming $134.25.
These tokens were among the hardest hit during the weekend’s leveraged flush, but their rebound has restored short-term momentum. Bitcoin also recovered to $101,237, regaining six-figure pricing after dipping sharply on geopolitical fears. Altcoin traders interpreted the dip as an opportunity, with volume signalling strong interest at discounted prices. This rebound indicates market health and the rapid resetting of risk positions in the face of macro shocks.
SOL, XRP and DOGE rebound strongly after the weekend crypto crash.
Over $1B in Liquidations Triggered the Sell-Off
The $1B liquidation crypto event began with over $595 million in liquidations on Saturday. An additional $642 million was liquidated over the next 24 hours, totalling more than $1.2 billion. Bitcoin accounted for $230 million of that figure, followed by Ethereum with $188 million.
Dogecoin saw $25 million in long liquidations, while XRP and SOL recorded $21 million and $28 million respectively. These liquidations reflect forced position closures as traders failed to meet margin requirements amid falling prices. Large-scale liquidations often mark market extremes, where sudden price corrections can trigger a recovery. Saturday’s catalyst was confirmation of U.S. strikes on Iran’s uranium facilities by former President Donald Trump.
Crypto Market Recovery Shows Broad-Based Resilience
The rapid crypto market recovery surprised many observers, given the severity of the weekend’s geopolitical trigger. By Monday, the worst appeared over, with most major tokens reclaiming key psychological and technical support zones. Losses still showed on daily charts, but intraday trends turned bullish with increasing spot demand. DOGE hovered around $0.15, XRP traded above $2, and SOL moved back toward $133, reflecting buyer strength. Ethereum and Bitcoin also showed positive signs, with ETH trading near $2,262 and BTC above $101,000. Analysts suggest dip buyers are stepping in quickly, interpreting the pullback as an entry point rather than a breakdown. This highlights growing institutional interest in leading tokens, particularly those with real-world use cases.
Altcoin Market Bounce Backed by Positive Sentiment
The altcoin market bounce is being driven by optimism that the Iran-related risks will remain geographically contained. Eugene Cheung from OSL said Bitcoin’s volatility took centre stage, but altcoins showed strength in the background.
He noted that Ethereum continues to see institutional flows, while Layer 1s like Solana benefit from growing adoption. ETF approval speculation and developer activity have further boosted sentiment around SOL and XRP.
Nick Ruck from LVRG Research believes Iran’s response may be measured to avoid wider conflict escalation. He added that while risks remain, the broader market views the situation as controllable and not globally disruptive. Such sentiment is helping the altcoin market recover faster than expected despite recent volatility.
Institutional Support and Network Activity Boost Recovery
Rising on-chain activity and institutional exposure continue to support major altcoins during volatile events. Solana has gained traction due to NFT integration and developer-friendly infrastructure, attracting long-term interest. XRP remains attractive amid legal clarity and financial sector adoption in multiple regions.
DOGE, although speculative, benefits from high community engagement and low transaction costs. These factors create a strong base for rebound even in times of broad market weakness. Bitcoin dominance remains high, but altcoins are showing relative strength as narratives evolve and capital rotates. With the altcoin recovery underway, many analysts expect consolidation before the next trend begins.
Also Read: Crypto Liquidations Soar Amid Sudden Bitcoin Sell-Off
Outlook Remains Cautiously Optimistic for Altcoins
While recovery is encouraging, markets remain alert to geopolitical shifts and economic spillover risks. A potential response from Iran or oil disruptions in the Strait of Hormuz could rattle sentiment again. Still, the speed of this week’s rebound suggests confidence in crypto’s long-term uptrend.
Altcoin performance remains linked to broader risk appetite, but structural improvements offer support. Investors are advised to monitor volatility, maintain disciplined entries, and assess support levels like $130 for SOL. For DOGE, $0.145 remains key, while XRP needs to stay above $2 for bullish momentum to continue. The altcoin recovery after the $1.2 billion liquidation highlights how fast crypto markets can recalibrate after shocks. With leverage flushed out and fundamentals intact, the market now waits for the next macro cue.
