Solana (SOL) is off to a very bullish start heading into 2025, hitting an all-time high of $293.31 on January 19 of last year. However, the situation has changed since late 2025, as investors are shunning the high-risk crypto market. According to CoinGecko’s Solana statistics, SOL price is down 0.9% in the past 24 hours, 0.6% in the last week, 12.5% on the 14-day chart, 4.8% month-over-month, and 51.9% in the last year. Let’s discuss whether it’s time to sell your holdings in Solana (SOL) or whether you’ll reap better returns by being patient.
Should I sell Solana?
Solana (SOL) is riding on broader market tailwinds. Since the end of 2025, the broader crypto market has lost much of its luster. Bitcoin (BTC) managed to provide some relief after rising to the $82,000 level earlier this month. Solana (SOL) approached the $100 mark earlier this month but was unable to break out.
The downtrend in Solana (SOL) and the broader market is believed to be due to macroeconomic pressures and geopolitical tensions. Rising oil prices and high bond yields in the past few months due to the conflict between the US and Iran have led to higher inflation. This move reduced the chances of a rate cut. Many expected new Fed Chairman Kevin Warsh to lower interest rates after taking office. However, if inflation is high, interest rates may remain unchanged, if not raised.
There’s no question that Solana (SOL) has had a tough time over the past few months, but this asset has a good track record of bouncing back. Solana (SOL) fell below $10 after the FTX collapse in 2022. However, since the 2022 low, SOL has made multiple all-time highs.
Furthermore, the cryptocurrency market is cyclical. We have seen this situation many times over the past few years. Although the market is currently depressed, it is likely to regain momentum once the broader economy improves. Therefore, there is no need to hold Solana (SOL) for the time being and sell at a loss. If you’re already making a profit, you can consider selling it at the current price and buying it again when it’s cheaper.
(Tag translation) Solana
