The price of Solana (SOL) briefly fell below $100 on February 2, 2026, amid a market-wide correction. While SOL fell to below $100 levels, Bitcoin (BTC) fell below $75,000. SOL then regained the $104 mark and found some support at the $100 price level. According to CoinGecko data, SOL is up 3.2% in the past 24 hours, but is trading in the red zone in other time frames. SOL price has fallen 16.1% in the last week, 21.8% on the 14-day chart, 22.5% month-over-month, and 46.6% since January 2025. Let’s discuss whether now is the best time to buy Solana (SOL) considering its low price or whether you should wait until the price drops further.
Should I buy Solana during the crash or wait until the price drops?
Solana (SOL) is one of the most resilient crypto projects on the market. After the FTX collapse in 2022, the asset fell below $9. Since its 2022 low, Solana (SOL) has hit multiple all-time highs. SOL hit its most recent high of $293.31 in January last year, but has since fallen 64.5%. Once the bears cool down, this asset is likely to gain momentum again.
Solana (SOL) faced a price crash after Bitcoin (BTC) price levels fell below $75,000. SOL appears to be gaining some traction at the $100 price level. Additionally, SOL may accelerate as Bitcoin (BTC) shows signs of recovery. Therefore, purchasing an asset for around $100 can be a financially advantageous decision.
Additionally, the Solana network recently surpassed an all-time high of 150 million transactions per day. This move could further boost investor sentiment and lead to higher prices.
