Solana (SOL) value briefly fell beneath $100 on February 2, 2026, amid a market-wide correction. SOL’s drop to sub-$100 ranges got here whereas Bitcoin (BTC) fell beneath $75,000. Since then, SOL has reclaimed the $104 mark and located some help on the $100 value stage. In response to information from CoinGecko, SOL is up 3.2% within the final 24 hours, however is buying and selling within the pink zone on all different time frames. SOL value has fallen 16.1% within the final week, 21.8% on 14-day charts, 22.5% from the earlier month, and 46.6% since January 2025. Given the low costs, let’s analyze if that is the right time to purchase Solana (SOL), or must you await costs to drop additional.
Ought to I purchase Solana in the course of the disaster or await costs to drop?
Solana (SOL) is among the most resilient crypto tasks in the marketplace. The asset fell beneath $9 after the FTX crash in 2022. Since its 2022 lows, Solana (SOL) has reached a number of all-time highs. SOL reached its most up-to-date excessive of $293.31 in January final 12 months, however has since fallen 64.5%. There’s a excessive chance that the asset will acquire momentum once more when the bearish forces settle down.
Solana (SOL) confronted a value drop after Bitcoin (BTC) fell beneath $75,000 value ranges. SOL seems to have some help on the $100 value stage. Moreover, with Bitcoin (BTC) exhibiting indicators of restoration, there’s a likelihood that SOL will even choose up the tempo. Due to this fact, buying the asset at round $100 might show to be a profitable monetary determination.
Moreover, the Solana community lately surpassed the extent of 150 million each day transactions, the very best in its historical past. The transfer might additional enhance investor confidence, resulting in a rally in costs.
