- As the cryptocurrency plummeted, the price of Solana fell to $96.
- The decline coincides with new outflows from digital asset investment products.
- SOL last week recorded net outflows of more than $31 million for the first time in three weeks.
Solana (SOL) fell below $100 for the first time since April 2025 as a sharp sell-off pushed Bitcoin below $75,000.
As BTC fell to its lowest level in nearly 10 months, Solana hit a low of $96.43.
This comes as the cryptocurrency market is experiencing extreme volatility.
The drop in all major coins, including Ethereum and XRP, resulted in over $2.5 billion in liquidations in 24 hours.
According to data from Coinglass, more than $4 billion worth of long positions have been liquidated in the cryptocurrency market over the past four days.
Most of the lost bets were long positions, which came amid Friday’s historic collapse in metal prices.
Gold fell from above $5,500 and silver plunged 39%, leading to heavy losses across the cryptocurrency sector.
This liquidation is one of the largest in the cryptocurrency industry, with nearly $20 billion liquidated in October 2025.
SOL sees investment outflow of $31.7 million.
The dramatic collapse in cryptocurrency prices coincided with a surge in capital outflows from digital asset investment products.
According to asset management company CoinShares, the digital asset market recorded outflows for the second week in a row, with more than $1.7 billion being lost amid panic selling.
The outflow means the sector has now reversed its year-to-date inflows, taking global annual net outflows to $1 billion.
James Butterfill, head of research at CoinShares, said the buybacks were “a signal of a significant deterioration in investor sentiment for the asset class.”
“We believe this reflects a combination of factors, including the appointment of a more hawkish US Federal Reserve (Fed) chairman, continued whale selling on a quadrennial basis, and heightened geopolitical volatility,” Butterfill added.
Notably, Solana recorded net outflows of over $31.7 million last week, the altcoin’s first weekly outflows in three weeks.
Solana price prediction: $100 remains key level
Bears have established dominance in the first week of 2026, continuing a trend seen in the last quarter of 2025.
Macroeconomic conditions and geopolitical headwinds have contributed to this outlook, with analysts at QCP noting that ETF outflows and broader sentiment are likely to be negative catalysts for cryptocurrencies in the near term.
This trend could cause SOL to plummet below $100. A retest of the $96-$80 region would further embolden the bears.
But the reversal in sentiment signals a continuation beyond the psychological level.
The price of Solana is above $102 at the time of writing and has risen slightly as other coins are expected to rebound.
Once Bitcoin reclaims $82,000 and risk assets stabilize, SOL price could target the $120-$135 supply wall next.