Solana’s Price View: Bears will test $90 amid a flurry of liquidity.
Solana has dropped to $90 amid heavy liquidity in the crypto market.
Bitcoin and Ethereum fell below $73,000 and $2,150 respectively.
Standard Chartered forecasts SOL to reach $250 in 2026 and $2,000 in 2030.
Cryptocurrencies are volatile, and Solana's price has experienced some of the biggest declines among top altcoins.
In the last 24 hours, the cryptocurrency has fallen nearly 10% below $91, with many traders alerted to the high market volatility.
As seen in crypto Heat map belowSolana's decline is consistent with broader market pressure. Billions were spent last week as the sector faced massive carnage.
The price of crypto liquid will decrease by 10%
With market sentiment deteriorating for much of 2026, it's no surprise that Bitcoin has hit a multi-month low of $72,800.
BTC and ETH's recent dips mean Michael Saylor's strategy and Tom Lee's Bitmin are currently sitting on billions of dollars in undisclosed losses.
Companies flocking to Solana, BNB, Cardano and other digital asset treasuries have a similar trajectory.
For Solana, the coin's psychological value of $100 reinforced this. Sellers bucked this negative trend with another 10% push over the past 24 hours, reaching a low of $90.60.
The onchain Eternal Markets on Solana contributed significantly, with more than $70 million in liquidity from Solana-based platforms in the past 24 hours.
At the time of the crash, more than $65 million of those were long.
An increase in forced selling exacerbated the decline, with high leverage exacerbating losses at more than 15,900 traders.
The liquidations reflect a quick adaptation that wiped out billions in bullish bets from Bitcoin and Ethereum.
Solana price forecast
The SOL dip is part of a broader market correction, but there is potential for a rebound if bulls hold $90.
However, liquidity contracts and liquidity gluts, such as $800 million in total outflows in the past 24 hours, suggest a downward leg as excess energy clears.
The technical picture has Solana trading below the 50-day moving average of $132, adding to the pessimistic view of the RSI and MACD.
If markets continue to struggle, SOL could drop to $70.
Although it's a general bear picture, Standard Chartered has it. pointed out He issued a high prediction for SOL.
According to the bank, SOL could reach $2,000 by 2030 but lowered its 2026 forecast to $310 to $250.
Catalysts include the macro picture and capital flows, as well as a new explosion from memecoins to top altcoins. Stablecoin adoption is another factor in the bank's sights.
