Expert Warns Solana Price Could Slide to $50 Despite 115% Address Spike
The post Expert Warns Solana Price Could Slide to $50 Despite 115% Address Spike appeared on BitcoinEthereumNews.com.
Key Insights: A key trendline on the Solana price chart has become the level to watch as expert warn of a possible drop to $50. SOL price holds around $136 and the rising support line. Solana network’s daily active addresses kept climbing past 5 million in the second half of January. A key trendline on the Solana price chart has become the level to watch. A top crypto expert said that if SOL price breaks below it cleanly, the next major downside target could be around $50. Meanwhile, Solana also recorded a big uptick in on-chain activity. That’s largely because new AI tools have made it much easier to create and launch memecoins. Will Solana Price Crash to $50? A major trendline on Solana price chart is now the make-or-break level. Crypto analyst Ali_charts said a clear break below it could put $50 back on the radar. On the weekly timeframe, Solana price action is still trading inside a long, clean uptrend that started in 2024. The rising trendline has acted like a floor for most of this move. Each time price leaned into it, buyers stepped in and pushed SOL higher. Right now, that same trendline sits around the $136 area marked on the chart. That makes this level the main decision point. As long as SOL price holds above that line on a weekly closing basis, the broader structure stays intact. In that scenario, the market can still treat the recent pullback as a normal reset inside an uptrend. The upside reference on this chart is the $200 region, which stands out as the next major area where sellers could show up again. Solana Price Prediction | Source: Ali Martinez, X However, the risk becomes clear if SOL price breaks the trendline and fails to recover it. A…
Filed under: News - @ February 1, 2026 2:32 pm