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Solana Leads Crypto Losses With 40% Slump
Analysts are now focusing on the long-term technical zones and onchain indicators which might signal a major turning point for SOL. The SOL/USD pair dropped below $70 for the first time since December 2023, falling to a 26-month low of $67 on Feb. 6. While Solana’s price has since recovered to $84 at the time of writing, it has recorded the largest monthly drawdown at 38% among the top-capped cryptocurrencies. Bitcoin (BTC), the market leader, is trading at $69,566, down 10.4% over the last seven days and 26% in the past month. Second placed Ether (ETH) has lost more than 23% over the last month to trade just above ... (full story)
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From cointelegraph.com | Feb 9, 2026
Solana’s SOL has dropped 38% over the last 30 days, falling to a two-year low of $67 on Friday. Multiple analysts believe that the downside is not over for the seventh-placed cryptocurrency, with downward targets extending as low as $30. SOL price has already lost over 72% of its value since a cycle top of around $295 in January 2025. In doing so, its price ...
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