Solana (SOL) price fell from $200 in late October 2025 to less than $130 in January 2026. The popular cryptocurrency had a very bullish start to 2025, but fell victim to a massive market correction in the second half of the year. According to CoinGecko data, SOL has rebounded by 1.4% in the past 24 hours and 3.6% in the past month. However, the asset is still down 10% in the last week, 4.8% on the 14-day chart, and 49% since January 2025. In fact, SOL hit an all-time high of $293.31 just one year ago. Let’s consider whether Solana (SOL) can reverse that trend in the coming months.
Can Solana reverse that trend?
Solana (SOL) has faced its fair share of ups and downs over the past few years. After the FTX collapse in 2022, the asset’s price plummeted to below $9. Since the 2022 low, SOL has made multiple all-time highs. The asset’s incredible resurgence has cemented its position as one of the most resilient cryptocurrencies on the market. Considering its track record to date, Solana (SOL) will likely eventually reverse that trend. However, the question is when that will happen.
Solana (SOL) tends to follow the trajectory of Bitcoin (BTC). The asset’s rebound over the past 24 hours follows a reversal in BTC. BTC fell to the $87,000 level, but has since regained the $89,000 price level. Additionally, falling gold and silver prices may indicate that investors are ready to take on more risk.
However, geopolitical tensions and macroeconomic uncertainty could pose challenges to Solana (SOL) pricing. Despite this asset’s remarkable comeback story, it may take time for SOL to fully recover from the crash in late 2025. It remains to be seen how things will unfold.