At the time of the ETF’s release, Solana’s price fell to a 10-month low
Solana price drops to $96 as cryptocurrencies crash. Failures to match the hot flow of digital asset investment products. SOL saw a net inflow of over $31 million last week, the first in three weeks.
Solana (SOL) fell below $100 for the first time since April 2025.
As BTC fell to a 10-month low, Solana touched a low of $96.43.
This is because crypto markets experience high volatility.
Dips for all top coins, including Ethereum and XRP, resulted in over $2.5 billion in liquidity in 24 hours.
According to data from Coinglass, more than $4 billion in long positions have been dumped on the crypto market in the past 4 days.
Most of the canceled bets were long, which came amid Friday's historic decline in metals.
Gold and silver dropped 39% above $5,500, with losses falling on the crypto sector.
Clearing is one of the largest liquidity in crypto, with the top of the ladder in liquidation at around $20 billion by October 2025.
SOL sees an investment cost of 31.7 million dollars
The dramatic drop in crypto prices has coincided with a sharp increase in capital outflows from digital asset investment products.
According to asset manager CoinShares, the digital asset market recorded its second straight outflow, with more than $1.7 billion in outflows amid panic selling.
The outflows mean the sector has now reversed year-on-year inflows, bringing the global year-over-year net outflow to $1 billion.
James Butterfill, head of research at CoinShares, said the redemptions signaled “a deterioration in investor sentiment on the asset class.”
Butterfill added: “We believe this reflects a combination of factors, including the appointment of a more hawkish US Federal Reserve chairman, continued whale sales associated with the four-year cycle, and heightened geopolitical volatility.”
Solana in particular saw a net inflow of over $31.7 million last week, the altcoin's first weekly inflow in three weeks.
Solana Price Prediction: $100 remains a key level
Bears established their dominance in the first weeks of 2026, continuing the trend seen in the last quarter of 2025.
Macroeconomic conditions and geopolitical headwinds have contributed to this outlook, and QCP analysts point to ETF inflows and broader sentiment indicating a negative outlook for cryptocurrencies in the short term.
SOL can take a nosedive in this trend for under $100. A retest of the 96-$80 area will encourage further bullishness.
However, empathic revelation shows a continuum beyond the psychological level.
The price of Solana was over $102 at the time of writing, with the other coins rising slightly as they reappeared.
If Bitcoin recovers $82,000 and risk assets stabilize, SOL price may target the next supply wall of $120-$135.
