The cryptocurrency market has confronted one other sharp correction. Solana (SOL) has fallen to the $90 mark, a value degree it was final traded at in January 2024. In line with knowledge from CoinGecko, the worth of SOL has fallen 8% within the final 24 hours, 26.1% within the final week, 30% on the 14-day charts, 34.4% on the month-to-month charts, and 56.2% since February 2025. Let’s analyze why Solana (SOL) is down, how a lot additional it will possibly fall, and whether or not its value can recuperate from the drop within the brief time period.
How excessive will the worth of Solana go?
The most recent Solana (SOL) value drop has put unbelievable stress on buyers. SOL is prone to comply with the trajectory of Bitcoin (BTC), which has been in a downtrend since October 2025. The cryptocurrency market confronted elevated volatility after a rise in macroeconomic uncertainty and rising geopolitical tensions. Moreover, a widespread liquidity disaster seems to have triggered a bigger market correction.
In line with funding agency Stifel, Bitcoin (BTC) might fall as a lot as $38,000, primarily based on previous cycles. BTC falling to $38,000 will possible trigger substantial chaos available in the market. BTC final traded at $38,000 in December 2023. Solana (SOL) was buying and selling at round $60 in early December 2023. We might assume that SOL will fall to $60 if BTC falls to $38,000.
We might be coming into one other lengthy crypto winter. Nevertheless, Solana (SOL) has confirmed to be one of the crucial resilient crypto belongings available on the market. SOL value fell beneath $9 after the FTX crash in 2022. Nevertheless, the asset has recovered fairly a bit lately, reaching a number of all-time highs. Due to this fact, regardless of the worrying market surroundings, Solana (SOL) will almost certainly recuperate its losses as soon as the crypto market emerges from its financial scenario.
