2026 has been quite the opposite for Solana (SOL) as compared to 2025. The popular cryptocurrency climbed to a new all-time high of $293.31 in January 2025. However, 2026 has started a massive price correction. According to CoinGecko data, SOL’s price has fallen by 71.6% from its 2025 peak. Moreover, the asset is down by 0.3% in the last 24 hours, 7.4% in the last week, 11.1% in the 14-day charts, 4.7% in the previous month, and 33.8% since late March 2025. Let’s discuss if Solana’s (SOL) current price dip is a good entry point for new investors.
Solana Price Dip: Good Entry Point?
Despite tis current predicament, Solana (SOL) has made quite a comeback from its 2022 lows. The asset’s price fell to below $9 after the collapse of FTX, leading many to believe that the coin had reached its end. However, since its 2022 crash, SOL’s price has hit multiple all-time highs, making it one of the most resilient cryptocurrencies in the market.
Given Solana’s (SOL) incredible resilience and rebound over the last few years, it could be safe to assume that the asset will jump back from its ongoing dip. Current prices could be a good entry point for new investors. It could also present an opportunity for older investors to reduce their average cost.
According to Telegaon analysts, Solana (SOL) will see incredible returns over the coming years. The platform anticipates the asset to hit a new all-time high of $306.39 sometime this year. Moreover, Telegaon expects SOL’s price to breach the $854 mark by the end of this decade. Hitting $854 from current price levels will entail a near 10x growth, which is an excellent return in just four years.
Also Read: Should You Bet Big On Solana? The Most Resilient Crypto Today
Solana (SOL) was also recently classified as a “digital commodity” by the US SEC. Moreover, the asset saw the launch of a few ETFs last year. Both developments could also greatly push SOL’s price.