# 7.

Solana at $98: Short-Term Bearish Bias After Sharp Rejection.
Current Market Situation for $SOL L /USDT (early February 2026)
Solana ($SOL) is currently trading around $98–$99, showing a sharp -5% to -6.5% decline in the last 24 hours at ~$98.56–$98.68 with -5.3% to -5.5%).
This matches live data from major trackers, where SOL has dropped from ~$104–$105 earlier in the day to the low $96–$97 range before a minor relief bounce.
Broader Context
Weekly performance: Down roughly -22% to -23%.
Monthly performance: Down ~26–27%.
From recent peak: SOL hit its all-time high of $293 in January 2025 →