Solana's price has dropped to $126, its lowest since October, facing pressure from an upcoming 11.2M SOL token unlock from FTX bankruptcy estate while experiencing decreased network activity and DeFi engagement.

Imagine turning a modest $5,000 into over $2.5 million. That’s the reality for early Solana investors who bought in at its rock-bottom price of $0.50. Today, a new player, Mutuum Finance (MUTM), is grabbing headlines in the crypto market.

Solana prices have declined recently, falling to their lowest point of 2025 on Monday, February 24 as numerous bearish variables fueled losses.

Solana price is 50% down from its all-time high as traders seek greener pastures on other blockchains. Solana (SOL) price has declined by 50% since hitting an all-time high of $295 on Jan. 19. February’s 42% drawdown is also the largest monthly drawdown since November 2022, when FTX exchange collapsed.

Solana has seen heavy selling pressure, dropping from $210 to around $167. This decline has impacted the broader crypto market, especially meme coins.

As the crypto market evolves, many are asking if Solana (SOL) can reach $2,000 by 2026, given its solid foundation in the blockchain ecosystem and increasing adoption. Meanwhile, Lightchain AI, which has already raised over $16.

Solana’s struggle beneath the $140 mark escalates amid mounting bearish sentiments. Most cryptocurrencies breached reliable support barriers as Trump-driven crypto party ended with Bitcoin’s dip below $90K.

Solana price movements continue to attract traders looking for opportunities, but many are now turning to 1Fuel for its advanced cross-chain trading and security features. With its one-click cross-chain transactions and AI-driven trading tools,