Solana ($SOL) Crypto Forecast: Down 11.4% Today

What is Solana?

Solana (SOL) is a popular cryptocurrency token known for its high-speed transactions and decentralized applications. Today, the market experienced a strong bearish movement, with SOL facing significant selling pressure.

Why is Solana going down?

SOL crypto is down 11.4% on Feb 6, 2026 6:41

• The bearish movement in SOL can be attributed to the broader weakness in the cryptocurrency market, particularly the drop in Bitcoin (BTC) prices, which often sets the tone for other digital assets.
• The decline in institutional and retail demand for Solana, as well as the rising short bets and negative funding rates indicated by derivatives data, added to the selling pressure on SOL.
• Despite the short-term correction, long-term price targets for Solana remain optimistic, with predictions indicating a price target of $2,000 by 2030, highlighting the potential for the network's evolution towards stablecoin-driven micropayments.
• The overall negative sentiment towards digital assets reflects a combination of factors such as geopolitical volatility, whale selling, and concerns about a more hawkish US Federal Reserve Chair, contributing to the bearish market movement in SOL today.

SOL Price Chart

SOL Technical Analysis

SOL News

Solana Price Forecast: SOL sell-off intensifies as BTC drops to $60,000

Solana (SOL) price extends its correction, slipping below $70 on Friday after posting losses of over 23% so far this week. The sell-off was fueled by broader weakness in the crypto market, with Bitcoin (BTC) reaching a low of $60,000 on Friday.

https://www.fxstreet.com/cryptocurrencies/news/solana-price-forecast-sol-sell-off-intensifies-as-btc-drops-to-60-000-202602060547

Solana Price Forecast: SOL drops below $100 as bears tighten grip

Solana (SOL) trades below $100 at press time on Wednesday, after taking a more than 6% hit the previous day as the broader cryptocurrency market slipped. Institutional and retail demand for Solana continues to decline, while on-chain data shows a record 150 million daily transactions on Tuesday.

https://www.fxstreet.com/cryptocurrencies/news/solana-price-forecast-sol-drops-below-100-as-bears-tighten-grip-202602040515

Solana Crashes Below $100, But Standard Chartered Predicts $2,000 By 2030

Standard Chartered on Tuesday downgraded its near-term outlook for Solana ( CRYPTO: SOL ) but raised long-term price targets, arguing the network is evolving beyond meme coin speculation toward stablecoin-driven micropayments.

https://www.benzinga.com/crypto/cryptocurrency/26/02/50352285/solana-crashes-below-100-but-standard-chartered-predicts-2000-by-2030

Volume 271: Digital Asset Fund Flows Weekly Report

Investor Sentiment Deteriorates as Outflows Accelerate Digital asset products saw US$1.7bn of weekly outflows, flipping YTD flows to a net outflow of US$1bn and driving a US$73bn fall in AuM since October 2025 highs. Outflows were heavily concentrated in the US at US$1.65bn, with broadly negative sentiment across regions and major assets, led by Bitcoin and Ethereum. Short Bitcoin and Hype products were notable exceptions, benefiting from defensive positioning and tokenised precious metals activity respectively. Digital asset investment products recorded a second consecutive week of outflows, totalling US$1.7bn. This has reversed year-to-date inflows, leaving net YTD flows at a global outflow of US$1bn, signalling a marked deterioration in investor sentiment towards the asset class. We believe this reflects a combination of factors, including the appointment of a more hawkish US Federal Reserve Chair, continued whale selling associated with the four-year cycle, and heightened geopolitical volatility. Since the price highs in October 2025, we have seen total assets under management (AuM) fall by US$73bn.Regionally, the US saw US$1.65bn in outflows, with similar negative sentiment in Canada and Sweden which also saw outflows of US$37.3m and US$18.9m respectively. Very minor inflows were seen in Switzerland (US$11.0m) and Germany (US$4.3m).Across the assets negative sentiment was broad, with Bitcoin seeing US$1.32bn in outflows, Ethereum saw US$308m, while recent favourites XRP and Solana also saw outflows of US$43.7m and US$31.7m respectively. Short bitcoin saw inflows totalling US$14.5m, with a YTD rise in AuM of 8.1%.Hype investment products, were a bright spot, seeing US$15.5m inflows, benefitting from recent on-chain sales frenzy in tokenised precious metals.To access all our research click here.To see the full detail report, click here. Volume 271: Digital Asset Fund Flows Weekly Report was originally published in CoinShares Research Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

https://researchblog.coinshares.com/volume-271-digital-asset-fund-flows-weekly-report-5ef571b816e5?source=rss----e06f679d11d---4

Solana Price Forecast: SOL slips below $100, risks deeper correction

Solana (SOL) price extends its correction, trading below $100 on Monday after losing more than 15% in the previous week. The bearish price action is further backed by derivatives data, which shows rising short bets and negative funding rates.

https://www.fxstreet.com/cryptocurrencies/news/solana-price-forecast-sol-slips-below-100-risks-deeper-correction-202602020539

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Solana Price History

29.00.2026 - SOL Crypto was down 5.3%

• SOL experienced a strong bearish movement today, down 2%, in line with the broader cryptocurrency market correction.
• The bearish trend for SOL might have been influenced by the US Federal Reserve's decision to maintain unchanged interest rates, impacting overall market sentiment.
• Despite some inflows into SOL amidst the bearish sentiment in the digital asset market, the token still faced downside pressure due to easing ETF and retail demand.
• The critical support levels approached by SOL indicate a challenging period for the token, with potential further downside risks in the near future.

20.00.2026 - SOL Crypto was down 5.1%

• The bearish movement in SOL today can be attributed to the broader market sentiment, with tensions between the US and Europe over Greenland contributing to a negative outlook for cryptocurrencies.
• Comments made by Anthony Scaramucci on the challenges faced by blockchain-based technologies like Solana may have increased investor concerns, leading to a sell-off in SOL.
• Despite the negative market movement, the release of new features on the Solana-based platform Pump.fun could potentially drive increased trading activity and help SOL recover from its losses in the near future.
• The overall bullish price forecast for Solana, driven by retail interest and ETF inflows, suggests that today's bearish movement may be a temporary setback in the midst of a larger positive trend for the cryptocurrency.

03.01.2026 - SOL Crypto was down 5.4%

• Solana (SOL) experienced a bearish movement today, dropping below $100.
• The bearish price action can be attributed to a combination of factors:
• Standard Chartered downgraded its near-term outlook for Solana, despite predicting a long-term price target of $2,000 by 2030. This mixed sentiment could have caused uncertainty among investors.
• Derivatives data showed rising short bets and negative funding rates, indicating a bearish sentiment in the market.
• The broader cryptocurrency market correction following the US Federal Reserve's decision to keep interest rates unchanged, led to a general downturn in digital assets.
• Despite these challenges, Solana's long-term potential as a network evolving towards stablecoin-driven micropayments could still attract investors looking beyond short-term fluctuations.

04.01.2026 - SOL Crypto was down 7.8%

• SOL saw a significant drop below $100.
• The decline was influenced by:
• Reduced demand from institutional and retail investors.
• High daily transaction volumes not translating into price support.
• Increasing short positions and negative funding rates in derivatives markets.
• The market-wide correction triggered by the US Federal Reserve's decision on interest rates, leading to a bearish sentiment toward digital assets.

04.01.2026 - SOL Crypto was down 6.0%

• SOL dropped below $100 due to a bearish market sentiment affecting the broader cryptocurrency space.
• Despite the short-term dip, there are optimistic forecasts for SOL's long-term potential, with predictions of a price target of $2,000 by 2030.
• The increase in short bets and negative funding rates contributed to the downward pressure on SOL's price.
• The decision by the US Federal Reserve to keep interest rates unchanged also played a role in the bearish outlook for SOL, aligning with the broader market correction.

02.01.2026 - SOL Crypto was down 6.1%

• SOL slipped below $100 and faced a deeper correction, with negative funding rates and rising short bets indicating a pessimistic sentiment in the market.
• The broader cryptocurrency market correction, coupled with the US Federal Reserve's decision to keep interest rates unchanged, contributed to SOL's bearish outlook as investors may have turned cautious towards riskier assets like cryptocurrencies.
• Despite the overall bearish sentiment in the digital asset market, SOL attracted inflows of $17.1m, showcasing relative resilience compared to other major cryptocurrencies like Bitcoin and Ethereum which saw significant outflows.
• The negative price momentum, lack of interest rate cuts, and disappointment in digital assets not participating in the debasement trade likely fueled the outflows in the digital asset investment products, reflecting the prevailing bearish sentiment among investors.

02.01.2026 - SOL Crypto was up 6.3%

• SOL had a strong bullish movement today despite recent bearish price action and approaching critical support levels.
• The bullish momentum could be attributed to increasing revenues and decentralized exchange volumes on the Solana network, particularly with the integration of Coinbase.
• The broader cryptocurrency market correction, influenced by the US Federal Reserve's decision to keep interest rates unchanged, may have also played a role in SOL's movement.
• Despite the negative sentiment in the digital asset market and outflows from major assets like Bitcoin and Ethereum, SOL managed to defy the trend and show resilience, potentially due to its unique ecosystem developments and market demand.

06.01.2026 - SOL Crypto was down 11.4%

• The bearish movement in SOL can be attributed to the broader weakness in the cryptocurrency market, particularly the drop in Bitcoin (BTC) prices, which often sets the tone for other digital assets.
• The decline in institutional and retail demand for Solana, as well as the rising short bets and negative funding rates indicated by derivatives data, added to the selling pressure on SOL.
• Despite the short-term correction, long-term price targets for Solana remain optimistic, with predictions indicating a price target of $2,000 by 2030, highlighting the potential for the network's evolution towards stablecoin-driven micropayments.
• The overall negative sentiment towards digital assets reflects a combination of factors such as geopolitical volatility, whale selling, and concerns about a more hawkish US Federal Reserve Chair, contributing to the bearish market movement in SOL today.

25.00.2026 - SOL Crypto was down 5.2%

• SOL faced a 3% decline in value today.
• The market sentiment was affected by tensions between the US and Europe regarding Greenland, prompting a broader market downturn.
• Despite institutional investments and positive interest in Solana, the negative trend indicated by data from the derivatives market led to a further drop in SOL's price.
• The resistance of traditional financial systems to blockchain technologies, emphasized by Anthony Scaramucci, might have also influenced the sentiment around Solana in today's trading.

19.00.2026 - SOL Crypto was down 5.8%

• Today, SOL experienced a significant bearish movement, and here's a witty assessment of what might have caused this market movement:
• The bearish movement in SOL could be attributed to the broader market sentiment, influenced by geopolitical tensions, leading to a pullback in SOL along with other cryptocurrencies.
• The release of a new callout feature on the Solana-based platform for creators may have failed to provide the expected boost in trading activity, contributing to the downward pressure on SOL.
• Derivatives market data signaling a downside bias aligns with the bearish movement in SOL, indicating a cautious approach from traders and investors, further exacerbating the negative price action.
• Despite the recent bullish momentum in the market, with retail interest and mild ETF inflows supporting SOL, the bearish movement today suggests a temporary setback in the token's price trajectory, highlighting the volatility inherent in the cryptocurrency space.

19.00.2026 - SOL Crypto was down 6.1%

• SOL extended its slide by 3% due to bearish market sentiment, possibly influenced by US-Europe tensions over Greenland.
• The release of a new callout feature on the Solana-based launchpad platform for creators could boost trading activity, potentially impacting SOL's price positively in the future.
• Derivatives market data signals a downside bias, aligning with the broader market pullback, indicating a further decline in SOL's value.
• Despite the bearish movement, SOL has shown renewed strength in the past, with multiple catalysts supporting a bullish outlook, such as retail interest and mild ETF inflows.

26.00.2026 - SOL Crypto was up 5.7%

• SOL showed a strong bullish movement despite recent challenges.
• Institutional inflows and ETF interest in Solana have contributed to the positive price action, suggesting growing confidence in the token.
• Endorsement of Solana and blockchain technology by Anthony Scaramucci may have also influenced the bullish sentiment, highlighting the potential for innovation and efficiency in the financial sector.
• Despite a generally bearish sentiment in the digital asset market, SOL attracted inflows, demonstrating resilience and appeal to investors exploring opportunities in the crypto space.