- Solana price sits 71.73% below its all-time high of $294.33 set in January 2025.
- Analysts flag $74.11 and $50.18 as live downside targets amid treasury selling.
- SOL Spot ETF logged two straight weeks of outflows totaling $10.41M through Mar 31.
- B2C2 designates Solana as the primary institutional stablecoin network; DEX lead hits 7 months.
Solana coin is trading 71.73% below its all-time high of $294.33, reached on January 19, 2025, and the distance back to that peak is becoming the defining frame for bearish positioning. SOL sits at $82.98 at the time of writing, up just 2.82% today, Wednesday, trading within a session range of $80.54 to $84.61.
This subdued price action follows two consecutive weeks of SOL Spot ETF outflows amounting to $10.41 million by March 31. These outflows further strengthen the already bearish outlook analysts are projecting.
At the moment, treasury-affiliated selling appears to be a core piece of the bear thesis. Chartist Ted, posting on March 29, identified Solana treasury companies as persistent sellers pushing the SOL price toward new lows, with no visible buying demand materializing to absorb the supply. He believes $50 for Solana (SOL) is possible in 2026 if that dynamic holds.
Ali Charts, updating a call first made in February, is watching the same tape from a structural angle. On the three-day chart, $74.11 and $50.18 are the levels in focus, representing 10.69% and 39.53% downside from the current level, respectively. Solana’s price was printing near $81.94 at the time of that update, and has only marginally recovered since.
Neither analyst’s thesis has been invalidated by the current $82.98 print. SOL coin needs to clear $84.61, the top of today’s range, with real volume behind it, before the short-term picture shifts. Until that happens, the Solana price prediction from both analysts stays intact.
Fundamentals Strengthen Even as Solana Price Faces Downside Risk
Away from the chart, institutional infrastructure around the Solana crypto network is moving in the opposite direction. Institutional liquidity provider B2C2, a primary market maker for Robinhood, and a firm with active partnerships at Standard Chartered, Anchorage Digital, and Bitget, formally designated Solana as its core stablecoin settlement network this week.
CEO Thomas Restout cited speed, reliability, and scale as the operating reasons. The firm will route client flow natively on-chain in USDC, USDT, PYUSD, USDG, USD1, EURC, and FDUSD stablecoins.
The DEX data backs the infrastructure argument. Solana recorded $57.261 billion in decentralized exchange volume in March, leading every L1 and L2 chain for the seventh straight month. Ethereum placed second at $42.159 billion. Visa, Mastercard, PayPal, SoFi, Western Union, and Worldpay all have active Solana integrations.
The network’s stablecoin market cap roughly tripled through 2025, closing the year near $15 billion. SOL Spot ETF cumulative net inflows stand at $979.37 million, as the recent two-week outflow streak exists within a much larger structural accumulation story.
The Solana price is caught between two coherent narratives pulling in opposite directions. Analysts are selling the technical breakdown, while institutions are buying the rails.
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