Solana’s (SOL) price briefly crashed to below $100 on Feb. 2, 2026, amid a market-wide correction. SOL’s dip to sub-$100 levels came while Bitcoin (BTC) fell to below $75,000. SOL has since reclaimed the $104 mark, finding some support at the $100 price level. According to CoinGecko data, SOL has rallied 3.2% in the last 24 hours, but is trading in the red zone in the other time frames. SOL’s price has fallen 16.1% in the last week, 21.8% in the 14-day charts, 22.5% over the previous month, and 46.6% since January 2025. Given the low prices, let’s discuss if this is the perfect time to buy Solana (SOL), or should you wait for prices to drop further.

Should You Buy Solana During The Crash, Or Wait For Prices To Dip?

Solana (SOL) is one of the most resilient crypto projects in the market. The asset fell to below $9 after the collapse of FTX in 2022. Since its 2022 lows, Solana (SOL) has hit multiple all-time highs. SOL hit its most recent peak of $293.31 in January of last year, but has since fallen by 64.5%. There is a high chance that the asset will once again pick up steam when bearish forces cool off.
Solana (SOL) faced a price crash following Bitcoin’s (BTC) dip to below $75,000 price levels. SOL seems to have some support at the $100 price level. Moreover, with Bitcoin (BTC) showing signs of a recovery, there is a possibility that SOL will also pick up the pace. Hence, buying the asset at around $100 could prove to be a lucrative financial decision.
Also Read: Solana Price Prediction: $160 May Be Closer Than You Think
Additionally, the Solana network recently breached the 150 million daily transaction level, the highest in its history. The move could further elevate investor sentiment, leading to a price rally.