Cryptocurrency markets are only five days into the second month of 2026, and social media around them is already full of sadness, extreme bearish predictions, and all the other attributes of a “crypto winter” like Binance FUD and Peter Schiff relentlessly mocking Michael Saylor.
In this situation, Anatoly Yakovenko, one of the key figures behind Solana ($SOL), I decided to directly address fear, uncertainty, and doubt. $SOL Reaching $8 in 2023 has started to appear on the timeline again.
What happened to Solana ($SOL)?
For context, the Solana token price $SOL It has fallen more than 63% since the infamous October 2025, and its price is currently hovering around $86, but the bottom continues to fall at a very fast pace.
Yes, this is still 10 times more than when Solana returned after the FTX collapse, but in terms of damage dealt, the similarities are clear.
However, Yakovenko chose more warlike rhetoric to address the issue. $SOL The situation on the price chart, especially the saying “What is dead can't die,” has its proof deep in the lore of 2023.
Few may remember, but it was reported that only seven developers remained in the crypto market after Sam Bankman Freed left a $10 billion hole in customers' pockets and Solana faced the biggest loss in crypto market history. $SOL. Fast forward three years later, $SOL has already hit an all-time high, down 60%, but is still 10 times higher than in 2023.
You can't die even if you die https://t.co/RqTeUAiiJq?from=article-links
— toly 🇺🇸 (@toly) February 5, 2026
Yakovenko has every right to react in such an exaggerated manner as if he were the First Class Greyjoy of the Iron Islands. Solana died, was reborn, and returned to the elite of the cryptocurrency market.
That's definitely going to be difficult given its new role as home to all the latest crypto trends, from gambling and meme coins to crypto cards and cloud computing. $SOL To “die again.”
