The worth of Solana (SOL) briefly fell beneath $100 on February 2, 2026, amid a market-wide correction. Whereas SOL fell to beneath $100 ranges, Bitcoin (BTC) fell beneath $75,000. SOL then regained the $104 mark and located some help on the $100 worth stage. In response to CoinGecko information, SOL is up 3.2% prior to now 24 hours, however is buying and selling within the purple zone in different time frames. SOL worth has fallen 16.1% within the final week, 21.8% on the 14-day chart, 22.5% month-over-month, and 46.6% since January 2025. Let’s talk about whether or not now’s the perfect time to purchase Solana (SOL) contemplating its low worth or whether or not you need to wait till the value drops additional.
Ought to I purchase Solana in the course of the crash or wait till the value drops?
Solana (SOL) is without doubt one of the most resilient crypto tasks available on the market. After the FTX collapse in 2022, the asset fell beneath $9. Since its 2022 low, Solana (SOL) has hit a number of all-time highs. SOL hit its most up-to-date excessive of $293.31 in January final yr, however has since fallen 64.5%. As soon as the bears quiet down, this asset is prone to acquire momentum once more.
Solana (SOL) confronted a worth crash after Bitcoin (BTC) worth ranges fell beneath $75,000. SOL seems to be gaining some traction on the $100 worth stage. Moreover, SOL might speed up as Bitcoin (BTC) exhibits indicators of restoration. Subsequently, buying an asset for round $100 could be a financially advantageous determination.
Moreover, the Solana community lately surpassed an all-time excessive of 150 million transactions per day. This transfer may additional increase investor sentiment and result in larger costs.
(Tag translation) Solana
