Solana price fell to $78.73, its lowest level since February 2024, after losing over 31% in the past week alone. The token broke below its crucial $90–$105 support range, which had been a reliable demand zone for nearly two years. With daily losses over 15%, and a steep 73.79% jump in transacting volume to nearly $10 billion, Solana’s downtrend continues under extreme market fear.
Solana Crashes Below Key Support as Fear Dominates Market
Solana’s fall to $78.73 marks a breach of the lower boundary of its $90–$105 weekly demand zone. This zone was critical in defining past market phases. It previously served as a springboard for rallies or a breakdown point during deep market stress.
On-chain metrics and technical indicators confirm that Solana has moved well below all major moving averages. Momentum indicators, including the daily RSI, point to continued selling pressure without yet reaching levels typically associated with a strong rebound.
Source: X
Cyril-DeFi, a market analyst, noted on X that a sustained weekly close below $90 would likely shift Solana’s long-term trend to bearish. The broader market is also in decline, with total crypto market cap down by 4.08% to $2.5 trillion. Bitcoin and Ethereum are down by 5% and 6% respectively.
New Token Launches and ETF Inflows Offer a Mixed Outlook
Despite the price decline, Solana saw a record 1.3 million new SPL tokens launched in January 2026 — its most active 30-day stretch in over a year. This surge indicates that developers continue to build on Solana, even as prices fall.
In addition, Solana ETFs posted $5.6 million in net inflows on February 2, with the Bitwise Solana Staking ETF ($BSOL) alone drawing $3.4 million. While buyer interest in Solana products remains present, smaller funds like TSOL showed minor outflows.
Source: X
Volume across centralized exchanges has remained elevated but controlled. No signs of full-scale capitulation have yet appeared. However, if Solana fails to reclaim the $90–$95 range quickly, deeper downside levels could emerge.
Minotaurus (MTAUR) Draws Attention With Utility and 100K USDT Giveaway
While Solana battles to hold its structure, new tokens like Minotaurus (MTAUR) are drawing attention during early-stage rally. The GameFi-focused project has gotten over 3.080 million USDT in its presale and continues to gather momentum. The token is priced at 0.00012657 USDT, meaning you can still get over 790,000 tokens for 100 USDT.
To incentivize early adopters, the team has introduced a 100,000 USDT giveaway pool. The top contributor will receive 50,000 USDT, and 99 other buyers will receive tiered bonuses. This adds competitive appeal for users joining early.
What makes Minotaurus different is verifiable transparency. According to the Coinsult Proof of Assets, the presale wallet held $2,727,183.89 on-chain with zero outbound transactions during the full 549-day presale period. This gives buyers a clear, public record of responsible fund handling — something often missing in presale tokens.
Why Minotaurus May Be the Best Crypto to Buy While Solana Struggles
Minotaurus is not a meme token or a short-term project. It’s a fully playable blockchain game where users can collect, transact, and battle in a Greek-mythology themed maze. The MTAUR token powers all in-game purchases and player upgrades, offering real usability from day one.
With a presale price still under 0.00014 USDT, many early buyers are viewing this as the best crypto to buy under 1 USDT. In fact, if you bought 1,000 USDT worth today, you could acquire over 7.9 million MTAUR. If the token rises 100x after launch — a target seen in early stages of tokens like Solana and XRP — that position could be life-changing.
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