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Solana Price Prediction: $30M Hack Sends SOL Below $100 – Can Bulls Recover?

Solana (SOL) is buying and selling round $97 after a pointy sell-off that pushed the token under the important thing $100 mark. The current decline comes after a tricky stretch for the crypto market general, however Solana has dropped greater than most as a result of new safety considerations affecting investor confidence.

SOL has dropped from the $140–$145 vary in just some weeks, wiping out a lot of its restoration from late 2025. For newer buyers, this type of decline normally comes from concern, pressured promoting, and uncertainty, not a sudden failure within the know-how itself.

Step Finance Hack Exposes $30M SOL Vulnerability, Raises Security Concerns in Solana DeFi

A significant motive for the current drop was a safety breach at Step Finance, the place about $30 million in SOL was taken from treasury wallets. Around 261,854 SOL was moved shortly, resulting in worries that somebody with inside entry, not simply an automatic hack, was concerned.

Step Finance has stated that consumer funds had been secure, however the incident nonetheless shook the Solana DeFi group. Big treasury wallets are more and more changing into targets, and this occasion exhibits why stronger protections, reminiscent of multi-signature approvals and stricter entry controls, are wanted.

For the market, the information itself was extra necessary than the small print. When stress is high, safety scares typically velocity up promoting as merchants rush to chop their threat.

Jupiter’s New Explorer Offers a Long-Term Positive

There are additionally some optimistic updates. Jupiter has launched discover.ag, a brand new device for the Solana ecosystem that brings collectively information from Solscan and DeFiLlama in a single place. This device helps customers observe initiatives, transactions, and DeFi stats extra simply, making the community extra clear.

For newcomers, this may not change costs instantly, nevertheless it exhibits that Solana’s ecosystem continues to be rising. Improved information and analytics typically usher in builders and long-term buyers, even when the market is down.

Solana Technical Analysis: Can SOL Reclaim $100?

Looking on the charts, Solana price prediction is clearly in a short-term downtrend. The value continues to be transferring inside a downward channel that began in late 2025. When the value fell under the 100-day and 200-day EMAs close to $140, it shortly dropped via $119 and $111, which factors to pressured promoting as a substitute of standard profit-taking.

Solana Price Chart – Source: Tradingview

Key ranges to observe now:

  • Resistance: $105–$111, the place earlier help has become a promoting zone
  • Support: $90–$81, aligned with prior demand and Fibonacci extensions
  • Deeper threat: A transfer towards $70 if broader market weak spot intensifies

The RSI is now within the mid-20s, which implies the market is oversold. This can typically trigger a short-term bounce, nevertheless it doesn’t promise a fast turnaround.

For a extra optimistic outlook, SOL wants to carry above $100, set a better low, and shut above $111 on the every day chart. This may result in a restoration towards $120–$130 afterward.

For now, Solana appears to be in a tricky however widespread reset part, which frequently comes earlier than stronger and extra lasting good points as soon as the promoting slows down.

Bitcoin Hyper: The Next Evolution of BTC on Solana?

Bitcoin Hyper ($HYPER) is bringing a brand new part to the BTC ecosystem. While BTC stays the gold commonplace for safety, Bitcoin Hyper provides what it all the time lacked: Solana-level velocity. The outcome: lightning-fast, low-cost good contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.

Audited by Consult, the undertaking emphasizes belief and scalability as adoption builds. And momentum is already robust. The presale has surpassed $31.4 million, with tokens priced at simply $0.013665 earlier than the following improve.

As Bitcoin exercise climbs and demand for environment friendly BTC-based apps rises, Bitcoin Hyper stands out because the bridge uniting two of crypto’s largest ecosystems. If Bitcoin constructed the muse, Bitcoin Hyper may make it quick, versatile, and enjoyable once more.

Click Here to Participate in the Presale

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