Solana (SOL) is dealing with a pointy worth drop at the moment, April 2, 2026. In response to knowledge from CoinGecko, the value of SOL has fallen 6.1% within the final 24 hours, 12.7% within the final week, 11.8% within the 14-day charts, and seven.6% from the earlier month. Whereas 2025 began with a bang for SOL, hitting an all-time excessive of $293 in January final 12 months, 2026 seems to be going the opposite approach. Let’s analyze why SOL is collapsing at the moment and whether or not it may fall to $70 subsequent.
Why will Solana worth crash in early April 2026 and proceed to fall?
The newest Solana (SOL) worth drop comes amid a bigger market-wide correction. Bitcoin (BTC) has fallen to the $66,000 worth degree after dealing with a rejection at $69,000. The cryptocurrency market, usually, has struggled to realize momentum in 2026. The market’s downward development started in October final 12 months and isn’t displaying any indicators of restoration.
Solana (SOL) and the bigger crypto market could have fallen as President Trump hinted at sending floor troops to Iran to grab the nation’s uranium reserves. Trump had beforehand mentioned the US may depart Iran in two or three weeks. Nonetheless, its newest announcement could have precipitated a drop in investor confidence.
There’s a risk that Solana (SOL) may expertise additional worth declines. The asset has fallen under its assist degree of $83-84. Moreover, Bitcoin (BTC)’s resistance degree seems to have fallen from the $72,000 to $73,000 vary to round $69,000. The decrease resistance degree may very well be an indication that the market may fall additional.
Nonetheless, CoinCodex analysts don’t foresee the value of Solana (SOL) to fall additional in April 2026. The platform expects the asset to realize momentum within the coming months, rising to $135.61 on Might 24, 2026. Reaching $135.61 from present worth ranges will indicate a rally of roughly 71%.
