Solana (SOL) staking hit a new all-time high of $60 billion, with a ratio of 70%, which is also a new peak. High staking figures could be a signal that investors are still quite bullish on SOL’s future. Let’s discuss if SOL’s price will follow its staking figures to a new peak as well.

Will Solana’s Price Climb After Staking Hits New All-Time High?

Solana SOL
Source: btcnews

Solana (SOL) has faced a substantial price correction over the last few months. The asset’s price has fallen from $200 in October 2025 to below $130 in January 2026. While the asset is up by 5.6% in the monthly charts, it is trading in the red zone in the other time frames. According to CoinGekco data, SOL’s price has dipped 1.5% in the last 24 hours, 10.4% in the last week, 8.1% in the 14-day charts, and 48% since January 2025. January 2025 was quite a bullish month for Solana (SOL), as the asset climbed to a new peak of $293.31. The asset’s price has fallen by 56.3% since its January 2025 high.

Solana price chart
Source: CoinGecko

Solana (SOL) is currently following Bitcoin’s (BTC) trajectory. Given BTC’s bearish performance, SOL is unlikely to rebound anytime soon. However, SOL has proven to be one of the most resilient crypto projects in the market. Solana (SOL) fell to below $9 after the collapse of FTX in 2022. The asset’s incredible comeback over the last few years is a testament to its robustness.

Also Read: Will Solana Flip Ethereum in 2026? Skybridge’s Scaramucci Thinks So

Although Solana (SOL) has fallen prey to the current market bearish environment, there is a very high chance that the asset’s price will rebound over the coming months. Many anticipate BTC to climb to a new all-time high sometime this year. BTC hitting a new peak may trigger a rally for Solana (SOL) as well.