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

A $30 million exploit slams Solana's price through the $100 floor. The network's resilience faces its latest stress test.

The Breach and the Fallout

News of the security breach hit the market like a cold splash of water. SOL, already navigating choppy waters, didn't just dip—it plunged, decisively breaking below the psychologically critical $100 mark. The hack's mechanics—whether a smart contract flaw, bridge vulnerability, or sophisticated phishing campaign—instantly became the sole topic across crypto trading desks and social feeds. It's the classic crypto narrative shift: from 'next-gen blockchain' to 'can it be trusted?' in the blink of a block.

Bulls at a Crossroads

Now, the buy-side cavalry has to regroup. Technical analysts are frantically redrawing support lines, while fundamentalists debate the long-term damage to network credibility. Every recovery bounce is being scrutinized—is it genuine accumulation or just a dead-cat bounce? The bulls' playbook requires more than just hope; it needs a clear sign of contained fallout, swift action from core developers, and a market memory that's notoriously short. After all, in crypto, yesterday's existential crisis is often today's buying opportunity—a fact that makes traditional finance veterans scoff into their overpriced coffee.

The Path Forward: More Than Just Price

True recovery won't be measured by a quick pump back to triple digits. It'll be defined by the chain's response. Does transaction finality hold? Do developers stay, or do they flee? The community's tone will tell all. This isn't just a chart problem; it's a stark audit of decentralized governance and security postures under fire. The coming days will separate robust protocols from fragile ones. For SOL, the mission is clear: prove the fundamentals are stronger than the fear.

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

A major reason for the recent drop was a security breach at Step Finance, where about $30 million in SOL was taken from treasury wallets. Around 261,854 SOL was moved quickly, leading to worries that someone with internal access, not just an automated hack, was involved.

Step Finance has said that user funds were safe, but the incident still shook the solana DeFi community. Big treasury wallets are increasingly becoming targets, and this event shows why stronger protections, such as multi-signature approvals and stricter access controls, are needed.

Step Finance reports ~$30M SOL treasury breach@StepFinance_ confirmed a compromise of multiple treasury and fee wallets, with 261,854 $SOL unstaked and transferred to new addresses, according to onchain data.

The breach triggered a sharp selloff in the $STEP token, which fell… pic.twitter.com/0GpfzKj8fn

For the market, the news itself was more important than the details. When stress is high, security scares often speed up selling as traders rush to cut their risk.

Jupiter’s New Explorer Offers a Long-Term Positive

There are also some positive updates. Jupiter has launched explore.ag, a new tool for the Solana ecosystem that brings together data from Solscan and DeFiLlama in one place. This tool helps users track projects, transactions, and DeFi stats more easily, making the network more transparent.

We built Jupiter Portfolio for Solana users.
Now we're building the discovery layer for the entire Solana ecosystem.

Introducing https://t.co/Alwteaj8Pi: the Solana Ecosystem Explorer.

Now, anyone can see project's complete picture in a single view:
– Financials (fees, revenue,… pic.twitter.com/Cyh6rXf3fm

For newcomers, this might not change prices right away, but it shows that Solana’s ecosystem is still growing. Improved data and analytics often bring in developers and long-term investors, even when the market is down.

Solana Technical Analysis: Can SOL Reclaim $100?

Looking at the charts, Solana is clearly in a short-term downtrend. The price is still moving within a downward channel that started in late 2025. When the price fell below the 100-day and 200-day EMAs NEAR $140, it quickly dropped through $119 and $111, which points to forced selling instead of regular profit-taking.

Key levels to watch now:

• Resistance: $105–$111, where previous support has turned into a selling zone
• Support: $90–$81, aligned with prior demand and Fibonacci extensions
• Deeper risk: A move toward $70 if broader market weakness intensifies

The RSI is now in the mid-20s, which means the market is oversold. This can sometimes cause a short-term bounce, but it does not promise a quick turnaround.

For a more positive outlook, SOL needs to hold above $100, set a higher low, and close above $111 on the daily chart. This could lead to a recovery toward $120–$130 later on.

For now, Solana seems to be in a tough but common reset phase, which often comes before stronger and more lasting gains once the selling slows down.

Bitcoin Hyper: The Next Evolution of BTC on Solana?

Bitcoin Hyper ($HYPER) is bringing a new phase to the BTC ecosystem. While BTC remains the gold standard for security, bitcoin Hyper adds what it always lacked: Solana-level speed. The result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.

Audited by Consult, the project emphasizes trust and scalability as adoption builds. And momentum is already strong. The presale has surpassed $31.4 million, with tokens priced at just $0.013665 before the next increase.

As Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ecosystems. If Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun again.