Is a new 50% collapse looming?

Is SOL Heading Towards $50?

The cryptocurrency market can’t seem to catch a break lately and numerous digital assets continue to post painful losses.

Solana (SOL) is among the worst performers, with its price dropping 25% last week alone. According to some market observers, the bears may just be stepping in.

Big collapse on the horizon?

Just a few hours ago, SOL fell to around $95, its lowest level since February 2024. At the time of writing, it is trading at around $96, which is a staggering drop from the all-time high of nearly $300 recorded almost a year ago.

Many industry participants are now concerned that the asset could experience a new decline in the near term. Ali Martínez, for example, predicted that SOL could plummet to $74.11 and even $50.18.

The analyst, who listed X as curb.sol, described $100 as an “extremely important level” for the token. In his view, holding that area could lead to a new bull run to a new all-time high, while the opposite scenario could lead to a drop to around $50 sometime this year.

For his part, Alex RT₿ assumed that the price could retrace to $70-$80 if SOL falls below the $90 support level.

Any chance the Bulls return?

It is important to note that some analysts believe that current rates could present great buying opportunities. The one who uses the X handle, Lucky, told his nearly two million followers that “if the market performs well, this could be a smart entry.”

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“Opportunities like this don’t come along often,” they added.

Mookie also recently contributed, promising to do everything he can in case SOL falls below $100.

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Yeah $SOL falls below $100, I’m going all in

Solana at $100 is definitely free pic.twitter.com/ORftQMa2dv

– Mookie (@MookieNFT) January 31, 2026

Meanwhile, some key indicators suggest it could be time for a recovery. SOL’s Relative Strength Index (RSI) fell well below 30, which means the price has fallen too much in a short period of time. Ratios below that level indicate that SOL is oversold and a possible rally is expected, while anything above 70 is considered bearish territory.

Furthermore, foreign exchange outflows have significantly exceeded inflows in recent weeks. This suggests that investors have shifted from centralized platforms to self-custody, thereby reducing immediate selling pressure.