Solana (SOL) continues its worth descent because it falls under the $85 mark. SOL’s worth has confronted substantial challenges over the previous couple of months as we enter one other bear market. In line with CoinGecko, SOL’s worth has fallen 1% within the final 24 hours, 19.1% within the final week, 32% within the 14-day charts, and practically 38% over the earlier month. SOL hit an all-time excessive of $293.31 in January 2025, however 2026 appears to be going the opposite approach round. The asset is down by greater than 71% from its 2025 all-time excessive. Given Solana’s (SOL) steep worth dip, let’s talk about if it’ll fall to its January 2023 low of $9.96.
Will Solana’s Value Dip To The $9 Mark?
Solana (SOL) confronted a large worth crash after the collapse of FTX in 2022. The asset ultimately fell under the $10 mark in early January 2023. Nonetheless, the probabilities of SOL dipping to its 2023 low is kind of slim. The 2022 market crash was deepened by the FTX debacle. This time round, there is no such thing as a such huge financial institution run within the crypto area. The crash is probably going as a result of a liquidity crunch, macroeconomic uncertainties, and geopolitical tensions.
Solana (SOL) has had fairly a comeback since its 2023 lows. The asset hit a number of all-time highs over the previous couple of years, and can seemingly rebound when the market beneficial properties power. SOL has confirmed itself as probably the most resilient crypto belongings available in the market. The favored cryptocurrency will seemingly climb to new peaks as soon as the market is again on monitor.
In line with Telegaon analysts, Solana (SOL) will climb to a brand new all-time excessive in 2026, breaching the $300 mark for the primary time in its historical past. Given the bullish outlook, present costs could possibly be a wonderful entry level for long-term buyers.
