The price of Bitcoin has been going down, breaking below the key 3-month support at around $90,000. The coin now trades at around $86,000. It has declined by 10% in the last 3 days.
Solana has also followed in the same direction. It has seen a 20% dip in the past 3 days. With Bitcoin showing no signs of going down, we could see a dip to as low as $75,000, where a historical support level is.
We wanted to get an idea of what the price of SOL could be if the price continues to decline, and for this reason, we asked ChatGPT what Solana’s price could be if BTC dips to $75,000. To answer this, it provided us with three possible scenarios: pessimistic, realistic, and optimistic.
What you'll learn 👉
Pessimistic Scenario: SOL Crashes to $80-$95
In the worst-case scenario, Solana could experience a severe downturn. It could potentially lose 25-40% of its value from the current $134 price point.
This decline might be triggered by market-wide panic selling. A sharp Bitcoin drop typically creates a domino effect across altcoins. Solana, with its higher volatility, could suffer even steeper losses than Bitcoin itself.
We might also see a significant liquidity drain as investors rotate their funds into stablecoins. Some people could even buy Bitcoin as a relative safe haven and this could reduce demand for Solana. If macroeconomic conditions worsen—perhaps due to persistent high interest rates or global financial instability—speculative assets like Solana would be particularly vulnerable.
Realistic Scenario: SOL Stabilizes Around $105-$120
A more balanced view suggests Solana might experience a moderate decline of 10-20%. It could find stability in the $105-$120 range.
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This scenario assumes Bitcoin stabilizes around $75,000. It also assumes that Solana successfully holds key support levels between $100 and $110 as long-term investors step in to buy the dip.
Institutional interest could play a crucial role here. Some institutional players might view Solana price correction as an attractive opportunity to accumulate, providing substantial buying support. Additionally, if Solana maintains strong developer activity and ecosystem growth, this could limit the extent of its decline.
Optimistic Scenario: SOL Rebounds to $130+ After Initial Drop
In the most positive scenario, Solana could experience only a brief dip before rebounding to $130 or higher, essentially recovering to current levels relatively quickly.
For this to happen, Bitcoin would need to find strong support at $75,000 and bounce back swiftly, carrying Solana along with it. Substantial institutional accumulation would be necessary, with large investors viewing the dip as a prime buying opportunity.
Read Also: We Asked AI to Predict Stellar (XLM) Price If Bitcoin Drops to $80K
Continued ecosystem expansion would also be crucial. If Solana maintains or accelerates its growth in DeFi applications, NFTs, and blockchain gaming, buyers could step in aggressively despite the broader market downturn.
ETF speculation could provide another catalyst. If momentum builds around the potential for a Solana Spot ETF approval, investors might overlook the Bitcoin crash and accumulate SOL on the dip.
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