The crypto market appears to be facing rejection after the recent rally. Solana (SOL) recently fell to the $80 price level after rising to the $87 level. Bitcoin (BTC) is also showing negative reactions. Continuing its bearish trajectory, SOL is likely to fall back below $80. According to CoinGecko data, SOL price has fallen 4.3% in the past 24 hours, 16.8% in the last week, 36.5% on the 14-day chart, and 42.4% month-on-month. 2025 got off to a bullish start for SOL, but 2026 looks to be going in the opposite direction. Let’s discuss what happens next.
Will Solana drop below $80 again?
Solana (SOL)’s latest correction comes as Bitcoin (BTC) recently rallied to $71,000 before falling to the $66,000 price level. According to data from CoinGecko, the original cryptocurrency has fallen 3.3% in the past 24 hours and is down more than 12% week-on-week. Bitcoin (BTC)’s bearish trajectory could cause SOL to fall to sub-$80 levels.
The downward momentum of the cryptocurrency market began in late 2025. The price decline was further accelerated by tight liquidity. Bitcoin (BTC), Solana (SOL), and other cryptoassets are all facing significant price corrections. Solana (SOL) hit an all-time high of $293.31 in January 2025, but has since fallen over 72%.
Despite the current bearish trajectory, Solana (SOL) is likely to recoup its losses once the market recovers. This asset has shown incredible strength over the past few years, especially after collapsing to sub-$9 levels following the FTX collapse in 2022.
Analysts at CoinCodex are also quite bullish on Solana (SOL), predicting that the asset will return to the $100 level in the coming months. The platform expects the asset to reach $134.38 on April 7, 2026.
