The crypto market has faced another dip. Bitcoin (BTC) briefly fell below the $65,000 mark, but has since recovered the $66,000 price level. Solana (SOL) is also following the market-wide trend. The popular cryptocurrency has dipped to $80, falling more than 36% over the previous month, according to CoinGecko data. The asset has fallen 5.8% in the last 24 hours, nearly 6% over the last week, nearly 5% in the 14-day charts, and 53.3% since late February 2025. Let’s discuss why Solana (SOL) at $80 is a bargain, and why you could consider buying the dip.
You Could Consider Buying The Solana Price Dip At $80
Solana (SOL) has proven itself as one of the most resilient crypto assets in the market. While the current price dip is concerning, it is nothing close to what the asset experienced in 2022. SOL’s price fell to below $9 after the collapse of FTX in November 2022. Since its 2022 lows, SOL has displayed quite a comeback, hitting multiple all-time highs. SOL hit its most recent peak of $29331 in January of last year. The asset is currently down by more than 72% since its all-time high. Given its previous pattern, there is a high chance that Solana (SOL) will once again reclaim its lost glory. Hence, buying now could bring you massive returns in the future.
Also Read: Will Solana Flip Ethereum in 2026? Skybridge’s Scaramucci Thinks So
However, there is a chance that Solana (SOL) could see further price dips before entering a bullish trajectory. The crypto market is still quite fragile and macroeconomic worries continue to bar investors from taking risky bets. Bitcoin (BTC), the market leader, is far from entering a recovery phase. Moreover, corporate treasuries have been selling BTC for three consecutive weeks. Solana (SOL) will likely not enter a bull run until BTC recovers. Hence, you could wait for BTC to display signs of hitting a bottom before taking a position.