Solana (SOL) plunges 25% in a week: another 50% collapse on the way?

Is SOL heading towards $50?

Solana (SOL) is among the worst performers, with its price falling 25% in the past week alone. Some market observers say the bears could intervene.

Major collapse on the horizon?

Just a few hours ago, the SOL plummeted to around $95, its lowest level since February 2024. At the time of writing, it is trading around $96, which is a staggering drop from the all-time high of almost $300 recorded almost a year ago.

Many industry participants are now concerned that the asset will decline further in the near term. Ali Martínez, for example predicted that SOL could fall to $74.11 and even $50.18.

The analyst, using X as curb.sol, outlined $100 as an “extremely important level” for the token. According to them, holding that zone could result in another bull run to a new all-time high, while the opposite scenario could lead to a crash to around $50 sometime this year.

For their part, Alex RT₿ accepted the price may fall back to $70-$80 if SOL breaks below the $90 support level.

Is there still a chance for the Bulls to return?

It’s important to note that some analysts believe current interest rates could provide great buying opportunities. The one who uses the X handle, Lucky, told their almost two million followers that “if the market behaves well, this could be a smart entry.”

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“Opportunities like this don’t come around often,” she added.

Mookie also recently joined in, promising to go all in if the SOL fell below $100.

as $SOL drops below $100, then I go all-in

Solana for $100 is absolutely free pic.twitter.com/ORftQMa2dv

— Mookie (@MookieNFT) January 31, 2026

In the meantime, some key indicators suggest it may be time for a recovery. SOL’s Relative Strength Index (RSI) fell well below 30, meaning the price has fallen too much in a short period of time. Ratios below that level indicate that the SOL is oversold and heading for a potential rally, while anything above 70 is considered bearish territory.

Moreover, foreign exchange outflows have significantly exceeded inflows in recent weeks. This suggests that investors have moved from centralized platforms to self-determination, reducing direct selling pressure.