Solana is attempting to stabilize after recent downside pressure, with the $85 level emerging as a key support zone. Price action is beginning to show early signs of base formation as bulls try to defend this area and slow the broader decline. While the short-term structure hints at a possible recovery attempt, a stronger shift in momentum will likely require a decisive push toward higher resistance levels. Solana Shows Early Signs Of Stabilization Near Key Zone In a recent technical brief, MakroVision Research highlighted that Solana is beginning to display early signs of stabilization following its recent period of weakness. While the broader market structure remains under pressure, current price behavior suggests selling momentum may be slowing, allowing the market to attempt a short-term recovery phase. Related Reading: Top Analyst Suggests Solana May Surpass XRP In Market Value: Here’s Why And When According to the analysis, Solana is presently consolidating just above the $85 level, a price zone that carries significant short-term importance. At the same time, the chart is forming a slightly rising structure characterized by gradually higher lows. As this pattern develops, the price is once again approaching the upper boundary of the formation, suggesting that market participants are testing whether enough momentum exists to push the price higher. Despite these constructive short-term developments, the broader trend remains bearish. Solana is still trading clearly below the descending red trendline, which continues to confirm the prevailing downtrend. $100 Trendline Break Could Signal Bullish Shift The analyst further stressed that a clear breakout above the descending red trendline around the $100 level would represent the first meaningful bullish signal for Solana in the current market structure. This suggests that buyers are beginning to regain control, potentially opening the door for a stronger recovery and a shift in short-term momentum. Related Reading: Solana’s Next Major Support Levels Sit At $50, $22, And $10: Analyst On the other hand, the outlook remains cautious as long as the price continues to trade below that key trendline resistance. If Solana approaches the $100 area but faces another strong rejection, it would reinforce the idea that the broader downtrend remains firmly intact. In the near term, Solana appears to be stabilizing after its recent decline and is attempting to build a potential base structure. The emergence of gradually rising lows suggests that buyers are starting to defend current levels, which could provide a foundation for a possible upward move if momentum improves. For the bullish scenario to gain traction, holding the $85 support level remains crucial. As long as this zone continues to act as a floor, the market retains the possibility of pushing higher. A sustained reclaim of the $100 level would be the real turning point to improving the overall technical outlook, while repeated rejections would confirm the existing downtrend. Featured image from iStock, chart from Tradingview.com
Solana (SOL), currently the seventh-largest cryptocurrency by market cap—trailing behind Bitcoin (BTC), Ethereum (ETH), USDT, Binance Coin (BNB), XRP, and USDC—may be on the path of surpassing its closest competitor, XRP. This potential shift is largely attributable to the intensifying infrastructure race between the two projects, as highlighted by market analyst Alex Carchidi from The Motley Fool in a Tuesday report. The Race For Tokenization Capital While XRP holds a larger market cap of approximately $87 billion compared to Solana’s $50 billion at the time of writing, both assets are vying to become the backbone for the tokenization of real-world assets (RWAs), such as stocks and commodities converted for trading on blockchains. Carchidi notes that Solana’s strengths lie in its speed and cost-effectiveness, making it particularly suited for managing tokenized assets that require rapid movement at scale—like stocks, bonds, and commodity contracts. The Solana platform currently has around $272 million in tokenized stocks circulating within its ecosystem, marking a 14% increase over the 30-day period that ended on March 5. Related Reading: What’s Fueling Hyperliquid’s Surge? HYPE Outperforms Top 100 Cryptos In Latest Rally Predictions suggest the total market value of tokenized stocks could climb to over $38 billion by 2035, up from about $1 billion today, indicating a substantial growth area ripe for competition. The argument for Solana’s potential to overtake XRP hinges on its aspiration to become the central hub for trading equities, exchange-traded funds (ETFs), and institutional funds around the clock—all at minimal costs. Carchidi asserts that Solana doesn’t necessarily need to capture 100% of the tokenized assets market to see significant price appreciation. Its current market cap is already so close to that of XRP’s that even a modest gain at XRP’s expense could tip the scales in Solana’s favor. Carchidi acknowledges that Solana may indeed flip XRP. However, the path for SOL to surpass XRP is not without challenges. XRP’s Edge Against Solana At present, the XRP Ledger (XRPL) holds approximately $453 million in tokenized assets specifically available for trading, rather than just for record keeping. The stablecoin base on XRPL is currently around $432 million. A substantial portion of XRP’s tradeable tokenized assets comprises US Treasury bills and government bonds valued at about $294 million. On the surface, this setup may not seem to threaten Solana’s growth trajectory. Yet, the analyst contends that XRP has its own advantages. Known for its speed and low transaction costs, XRP also benefits from a robust compliance infrastructure that is integrated into its blockchain. Related Reading: BitMine Acquires 60,000 ETH; Chair Discusses Outlook For Ethereum And Crypto Prices This allows financial institutions looking to tokenize assets—such as bonds, stocks, or securities—to avoid the time-consuming process of developing a compliance framework from scratch. As a result, XRP may attract more capital inflows related to tokenization over the next few years. Despite these challenges, the analyst believes that Solana would eventually outperform XRP in terms of valuation, possibly in 2030 and beyond, owing to its plans for a larger ecosystem. At the time of writing, Solana was trading at roughly $88.48, up 2.7% in the previous 24 hours. XRP, on the other hand, has surpassed SOL’s growth over the same period, with gains approaching 5% and the token trading at $1.43. Featured image from OpenArt, chart from TradingView.com
According to the firm, the next wave of users that will onboard into crypto will be thanks to networks where users earn crypto by contributing work rather than buying tokens outright.
Solana funds are seeing more institutional demand, while the XRP products are retail investor favorites, according to a Bloomberg report.
The acquisition follows SolanaFloor's shutdown last month due to a $27 million exploit linked to its parent company, Step Finance.
Japan’s prime minister says she has no knowledge of or involvement in a Solana-based meme token that briefly reached a $27.7 million market cap before tumbling.
Solana has spent weeks compressing inside a tightening range, with price action forming a structure that suggests a breakout is brewing. As volatility contracts, pressure continues to build within the pattern. A decisive move above $88.60 could serve as the trigger bulls have been waiting for, potentially unleashing a sharp, impulsive rally as stored momentum is released. Volatility Squeeze On Solana — Triangle About To Resolve Solana has been trading within a tight sideways range for the past three weeks, gradually forming what appears to be a triangle pattern on the chart. Related Reading: Crypto Trader Predicts Solana 50% Price Crash To $30 If This Level Breaks According to More Crypto Online, a decisive break above the Sunday high at $88.60 would serve as the first clear indication that bulls are stepping back in with strength. Such a move would suggest that the triangle formation is nearing completion and could mark the beginning of a sustained upside breakout. Triangle patterns are particularly important because they often precede aggressive expansions. As price continues to coil within the structure, volatility contracts, and pressure build. This compression phase stores energy, increasing the probability that the eventual breakout will be forceful rather than gradual. Once price clears a key boundary, the release of that built-up momentum can trigger a sharp and impulsive move. 200 SMA And Range Hold Key To $85 Reclaim In a recent Solana analysis, Umair Crypto emphasized that the key level to watch is BTC’s pair 200 SMA and range structure. A sustained hold above these levels would open the door for an $85 reclaim. However, failure to maintain that strength would likely keep SOL trapped in the broader $77–$90 consolidation range, a scenario that has now persisted for 24 days, with no structural change since the initial call. Related Reading: Solana Reclaims $80 Amid Friday Market Bounce – Analysts Set Next Targets Structurally, the two pairs are telling different stories. On the USDT chart, SOL continues to print lower highs, signaling weakness. Meanwhile, the BTC pair is showing relative strength, forming higher highs and suggesting a more constructive trend. This divergence creates a pivotal moment where resolution could tilt either bullish or bearish, depending on which structure ultimately confirms. At present, the BTC pair has pushed above its range and reclaimed the 4H 200 SMA. However, Umair Crypto cautions that this setup has failed before, causing the price to slip back below the 200 SMA and re-entering the range, invalidating the breakout. For a true breakout scenario to activate, the BTC pair must hold above both the range and the 200 SMA with a clean retest. If that happens, strength could transfer to the USDT pair, making the $85 point of control a key reclaim target. If not, further rotation within the $77–$90 range remains the most likely outcome. In short: no confirmed hold, no confirmed breakout, BTC pair confirms, USDT executes. Featured image from Adobe Stock, chart from Tradingview.com
Solana (SOL) could be facing one of its most critical technical tests in recent months, with crypto trader Jussy warning that a breakdown at a key level could trigger a collapse toward prices not seen since previous bear market cycles. With the cryptocurrency trading above this level and forming two bearish patterns across multiple timeframes, the analyst has set two major crash targets for SOL. However, only one of these patterns could lead to a staggering 50% decline to $30 once the price breaks. Solana Bear Flag Pattern Signals Crash To $30 On Tuesday, February 24, Jussy took to X, warning crypto investors and traders that Solana could be heading toward a dramatic price collapse. The analyst notes that the leading smart contract token is currently at a critical support level of $76.57 on the price chart that could define its next bearish move. Related Reading: Wondering What’s Going On With Solana? Projects Are Taking Massive Hit As Price Plunges Looking at the daily chart, Jussy has identified a Bear Flag formation that has been developing since early February 2026. The pattern shows price consolidating within a descending channel after a steep sell-off from above $112, underscoring Solana’s continued downtrend over the past months. Should the $76.57 support level give way, the analyst projects a measured move from the Bear Flag pattern to $37.88, representing a potential decline of more than 50% from current levels. Jussy also said in his analysis that Solana is on a path to $30, suggesting the altcoin could fall even further to that level. Notably, the analyst’s bearish forecast arrives amid Solana’s recent price struggles, as broader market volatility and shifting investor sentiment weigh heavily on the sector. With the crypto bear market already in full swing, SOL has been trading sideways, mirroring the weak performance across major cryptocurrencies, including Bitcoin. CoinMarketCap’s data also shows that Solana’s price has fallen by more than 38% since the start of the year. While it was trending downward just last week, the altcoin has since staged a slight recovery from the $76 level, highlighted in Jussy’s chart analysis. As of writing, SOL is trading above $86, up more than 13% from the critical support level. Should upward momentum persist, it could signal a potential deviation from the analyst’s bearish $30 forecast. Triple Top Pattern Signals Lesser Decline To $60 For his second bearish forecast, Jussy highlighted that Solana has formed a Triple Top pattern on its four-hour chart. This pattern is characterized by three successive failed attempts to push higher, with each one printing at a lower peak than the last. The structure, visible across the January and February price action, suggests buyers have been steadily losing momentum after each recovery attempt. Related Reading: Here’s Why The Bitcoin, Ethereum, And Solana Prices Are Still Crashing Hard If the $76.57 support level breaks, Jussy sees a measured move from the Triple Top pattern down to $61.73 as Solana’s next target. A drop to this level would represent a roughly 19% crash from the support area. Featured image from iStock, chart from Tradingview.com
The goal is to reduce Solana’s growing geographic concentration in Europe and introduce multicast functionality.
Step is working on a buyback for holders of native token STEP based on a snpashot of holdings and value prior to the incident.
Analysts warn that bitcoin's prolonged failure to break above its current range is tilting the technical outlook toward the bears.
The initiative targets institutional demand across Asia-Pacific, offering DeFi tools, liquid staking, and execution services designed for traditional finance firms entering the crypto space.
The crypto analyst who warned Solana (SOL) traders to sell near the cycle top at $250 is back with a new outlook after the market validated his earlier call. Crypto Patel says the decline in SOL’s price following his $200-$250 exit zone has now created the conditions for a new long-term opportunity, but only if another key level gives way. His latest chart frames Solana’s price action as a repeatable cycle of euphoric expansion and sharp correction before the next major rally. Crypto Patel Shares New Solana Price Prediction In a recent post on X, Crypto Patel reminded community members that when Solana was trading near its peak between $250 and $200, most investors were projecting a run to $1,000. Instead, the price reversed from a high around $295 and collapsed to near $67, marking a massive 77% drawdown from the top. Related Reading: Here’s Why The Bitcoin, Ethereum, And Solana Prices Are Still Crashing Hard Now, the analyst is presenting a new outlook, warning of a potentially similar decline in Solana’s price this cycle. He notes that Solana is now testing the $85 level, which corresponds to the 0.382 Fibonacci retracement on the chart. The zone has acted as a temporary support; however, it remains structurally weak given the broader trend of lower highs since the peak. The analyst suggests that if Solana fails to break $85, its price could slide into the $50- $30 range, extending its decline over the past two years. He has labeled this area as a strong Fair Value Gap (FVG) accumulation zone based on historical demand and volume behavior. The accompanying chart also maps prior expansion phases in which Solana surged by thousands of percent after long consolidation periods. In the 2021 bull cycle, price rallied by more 24,234.55% and then declined by 97.01% the following year. Crypto Patel’s current projection places Solana in a similar expansion and corrective phase. The cryptocurrency has already experienced its expansion stage in 2024, when its price jumped by more than 3,699% to a peak of around $295. Now the analyst predicts an upcoming correction, where price is expected to decline by a whopping 89.44% in mid 2026. Long-Term Targets Remain Intact Despite Correction Despite the bearish short-term outlook, Crypto Patel has not abandoned his long-range bullish projections for SOL. He maintains that once the corrective phase is complete, Solana could still target the $500– $1,000 range. His chart projects a sharp upward surge toward the $1,000 level by 2027, representing a massive 3,103% surge. Related Reading: XRP, Solana Secure Inflows As Institutions Move $1 Billion Out Of Bitcoin And Ethereum Going further, the analyst also shared his bullish price projection for Solana by late 2029. He expects that once the price hits $1,000, SOL could rally strongly and steadily toward $10,000. He has marked $9,270 as the next long-term target, reflecting a rally of approximately 27,660%. Featured image from Freepik, chart from Tradingview.com
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Solana is tightly compressed inside a defined range after sweeping liquidity on both sides. With volatility fading and pressure building, the current structure suggests a major breakout move could be approaching. $77–$90 Range Remains Firmly Intact Solana remains locked inside a well-defined $77–$90 range, with the broader outlook suggesting that any major resolution is more likely to unfold to the downside toward $57. According to Umair Crypto, the price has been consolidating within this band for the past 11 days, with liquidity already swept on both ends. That behavior signals a balanced market environment rather than a trending one. Related Reading: Solana Funding Rates Hit 17-Day Negative Streak — What This Means For Price Currently, Solana is trading below the range’s point of control (POC), which introduces slight short-term bearish pressure. However, from a structural standpoint, the market remains in choppy consolidation. A short-term move toward $81–$82 remains possible for another rotation higher, and even a marginal push toward $93 could occur if the highs are taken again. Still, unless $90 is decisively reclaimed and flipped into support with strong volume, such moves would likely qualify as deviations rather than sustainable breakouts. For now, the primary expectation is continued consolidation before a larger expansion phase begins. If the range ultimately resolves to the downside, $57 stands out as the broader target. Until a clear structural shift occurs, this remains a range-trading environment, not trend-trading. Solana Wyckoff Reaccumulation Unfolding After Brutal Downtrend Trader Tardigrade recently shared a detailed outlook suggesting that Solana is undergoing a classic Wyckoff Reaccumulation pattern after its prolonged and exhausting grind lower. Following months of distribution-like price action and volatility, the current structure appears to be transitioning into a base-building phase that could eventually support a larger cycle advance if key levels continue to hold. Related Reading: Solana (SOL) Trades Heavy Below $90 As Breakdown Risk Grows According to the breakdown, Phase A began with a Selling Climax (SC) near $110 in August 2024, followed by an Automatic Rally (AR) toward approximately $264. Phase B then unfolded through multiple Secondary Tests (STs), alongside a notable Upthrust After (UA) fakeout near $295. Phase C appears to have completed with a Spring formation around the $68 level in early 2026 — a sharp wick rejection that likely swept liquidity before reversing. The market is now potentially entering Phase D, which would require Solana to firmly hold above $95 for a confirmed Sign of Strength (SOS) rally. If this structure continues to play out as outlined, projected upside targets include a Last Point of Support (LPS) near $150, a Backup (BU/LPS) zone around $250, and eventually a broader markup phase that could extend toward $350–$500 or higher. However, the bullish thesis remains conditional; SOL must continue to defend the Spring low and demonstrate constructive volume behavior to validate the larger cycle advance. Featured image from Freepik, chart from Tradingview.com
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Solana has suffered a sharp sell-off that’s left its chart looking fragile, with price sliding straight into a key demand zone. Despite the drop, big money remains notably cautious, signaling that institutions may be waiting for clearer direction before stepping in. Solana’s Sharp Breakdown Leaves the Weekly Chart on Edge AltCoin Việt Nam noted that Solana has already suffered a sharp sell-off, a move that is clearly reflected on the weekly chart. Price dropped aggressively from the higher range and is now trading around the $90–93 zone. The bounce so far appears weak, and volume is not signaling strong participation from large buyers stepping in to defend the move. Related Reading: Solana Accumulation Narrative Strengthens With Big Institutions, A Rally Imminent? What stood out most in the update was the behavior of institutional players. Despite the lower prices, institutional ETFs have shown little interest in accumulating SOL in this zone. This contrasts sharply with earlier phases, when they were buying aggressively at much higher levels. Addressing questions from the community about whether institutions “knew” the crash was coming, AltCoin Việt Nam explained that this is not necessarily the case. Instead, institutional behavior simply differs from that of retail traders. Their decisions are driven more by trend structure, liquidity conditions, and capital flows than by attempts to predict exact price bottoms. Firstly, ETFs typically do not dollar-cost average in the same way retail investors do. When momentum is strong and inflows are active, they are willing to buy at higher prices to maintain exposure. However, once the trend breaks and volatility rises, waiting for clarity becomes more important than trying to catch the bottom. For institutions, entering at the right time with renewed momentum matters far more than buying at the lowest possible price. Finally, AltCoin Việt Nam highlighted that ETF accumulation is also dependent on capital inflows. Without fresh money entering the funds, there is little incentive or ability for them to add positions, even at discounted prices. For retail participants, the approach may differ. Short-term traders should not expect immediate institutional support, as large players currently have no urgency to step in. Step-Down Decline Brings SOL Into Key Demand Zone According to an update by BitGuru, Solana has been moving lower in a series of step-down declines, reflecting sustained bearish pressure. Price has now reached a key demand zone between $90 and $95, an area where buyers have previously stepped in to defend the market. Related Reading: Solana To Retest November Lows After $144 Rejection, But Analysts Remain Bullish BitGurun noted that selling pressure appears to be easing as SOL trades within this range, suggesting that the market is attempting to form a short-term base. If this demand zone continues to hold, BitGuru believes a relief move toward prior structural levels becomes increasingly likely. Such a move would represent a technical rebound rather than a full trend reversal. Featured image from iStock, chart from Tradingview.com
Liu’s remarks come as cryptocurrencies plunge and other industry leaders are narrowing their own visions for blockchain utility.
Standard Chartered has lowered its end-2026 price target for Solana to $250, down from $310, while leaving its longer-dated trajectory intact. The bank’s roadmap still points to $2,000 by 2030 as the bank argues the chain’s activity mix is rotating away from memecoin-led trading toward stablecoin-based micropayments. The revised forecast comes as the bank’s digital assets research team frames the current drawdown as a period when “performance differentiation” across crypto should become more visible, rather than a tape where everything trades as a single risk bucket. Why Standard Chartered Lowers The 2026 Solana Target, Boosts Long View Behind the 2026 haircut is a more skeptical view on how quickly Solana can convert its cost and throughput advantages into sustained, fee-generating economic activity beyond speculative bursts. In Standard Chartered’s telling, Solana is in the middle of a narrative transition that is strategically attractive but not instantaneous in market terms. Related Reading: Solana Returns To A Critical Demand Zone — Trend Reload Or Breakdown Risk? Geoffrey Kendrick, Standard Chartered’s head of global digital assets research, anchored the shift in decentralized exchange (DEX) flow composition. “When we initiated coverage of Solana in May 2025, we observed that activity on the network was largely concentrated in memecoin trading on DEXs.” “Composition of DEX flows has shifted from memecoin trading toward SOL–stablecoin pairs.” That rotation, Kendrick argued, accelerated over 2025 as capital moved away from meme-focused activity which he said peaked in mid-January around the launch of the Trump token and toward tokenized dollars. The implication is that Solana’s DEX activity is beginning to resemble a payments-adjacent rail more than a single-cycle casino, even if overall volumes have cooled. Standard Chartered also flagged Solana’s ultra-low transaction costs as a key enabler for “micropayment” use cases, including AI-driven payments, where even modest fee overhead can break unit economics. One of the more striking metrics in the report is stablecoin turnover: Kendrick said stablecoin velocity on Solana is already two to three times higher than on Ethereum, suggesting Solana may be carving out a distinct role for high-frequency, low-value transfers. Related Reading: Solana Could Reach $1,600+ Within Five Years, Bitwise CIO Says The bank tied that possibility to “internet-native” payment protocols such as Coinbase-backed x402, while cautioning that the repositioning will take time to translate into market leadership. That slower timeline is part of why Standard Chartered expects Solana to lag Ethereum in the 2026–2027 window, even as the bank becomes more constructive on Solana’s longer-run upside if micropayment demand compounds. Despite trimming the 2026 target, Standard Chartered’s longer-term schedule remains aggressive: $400 in 2027, $700 in 2028, $1,200 in 2029, and $2,000 by end-2030, according to reporting by The Block. The bank’s framework implies that Solana’s “micropayments” phase is expected to matter more as the cycle matures, with Kendrick also projecting Solana to outperform Bitcoin over 2027–2030. At press time, SOL traded at $96.93. Featured image created with DALL.E, chart from TradingView.com
Solana has pulled back into a key demand zone, a level that could determine whether its strong trend continues or falters. How price reacts here will be crucial, as a hold may signal a trend reload, while a breakdown could push SOL into broader market chop. Solana Returns To A Critical Weekly Demand Zone Giving an update on the weekly timeframe, Cyril-DeFi explained that Solana has been one of the standout performers this cycle. Still, price has now returned to a critical demand zone that could determine its next major move. According to Cyril, this area has historically acted as a pivot point where momentum either re-ignites or fades. Related Reading: Solana (SOL) Keeps $100 Alive, Recovery Push Faces First Test This is the type of zone where strong trends tend to reload if buyers successfully defend it. However, a failure to hold would suggest that the prior strength is losing traction, increasing the risk that the trend structure begins to deteriorate. From Cyril’s perspective, a firm hold at current levels would position Solana to lead the next altcoin impulse, reinforcing its relative strength against the broader market. On the other hand, losing this demand zone would likely see SOL slip into extended consolidation, moving in line with the wider market chop rather than outperforming it. Cyril-DeFi concluded by stressing that he is closely observing how the price behaves around this area instead of trying to predict outcomes in advance. The Only High-Conviction Long Setup On The Table According to a recent Solana post shared by Ardi, only one long setup stands out as technically sound under current conditions. With the market still under pressure, waiting for confirmation seems safer than attempting to anticipate a bottom, as premature entries tend to get punished in weak structures. Related Reading: Solana Pauses After 20% Drop — This Key Level Could Decide What’s Next Ardi highlighted the $119 level as a key pivot for Solana. A successful reclaim of this zone, ideally through a spring or brief fakeout below resistance, could signal that demand is returning. If that occurs, price could surge higher toward the top of the range on a macro lower high rally rather than a full bullish reversal. From a risk-to-reward standpoint, this reclaim scenario remains the most attractive option available. It provides a clear technical trigger, defined invalidation, and a logical upside target, allowing traders to participate without overexposing themselves in an uncertain environment. He also outlined an alternative strategy involving the 200-week simple moving average around the $100 mark, an area that previously acted as macro support in April 2025. Still, Ardi cautioned that in a broader downtrend, odds are often against traders until a major level is reclaimed, making a decisive move back above $119 crucial before confidence can truly return. Featured image from Adobe Stock, chart from Tradingview.com
Analyst Kendrick Geoffrey trimmed his 2026 SOL forecast to $250 from $310, but says stablecoin micropayments could drive a longer-term surge as Solana moves beyond memecoins.
These crypto products receive the same German tax treatment as directly held bitcoin.
The platform's governance token (STEP) plummeted over 80% following the announcement amid a wider crypto market drawdown.
Matt Hougan, the chief investment officer at Bitwise Asset Management, said he thinks Solana could plausibly become a trillion-dollar asset within five years—an outcome that would roughly translate into a ~$1,600 SOL price on a simple market-cap-per-token basis, depending on circulating supply. Hougan made the remarks on the Jan. 29 episode of When Shift Happens, framing his Solana view through what he called a “two ways to win” setup: growth in the addressable market (stablecoins and tokenized assets), plus an increasing share captured by Solana versus competing networks. Why Solana Could Hit $1,600+ Within 5 Years Hougan argued that the “infrastructure market” for stablecoins and tokenization is expanding quickly enough that large, liquid L1s should be valued less like niche crypto experiments and more like enabling rails for traditional finance. “The US Secretary of Treasury expects the stablecoin market to 12x over the next four years,” he said, adding that Larry Fink has described a future where “every asset, every fund, ETF, stock, bond, real estate will be tokenized.” From there, his Solana thesis leaned heavily on relative positioning. Ethereum remains the incumbent in stablecoins and tokenization, Hougan said, but Solana is “a legit competitor with an interesting technological differentiation,” and crucially “it’s extraordinarily easy to use and the community has a ship first attitude.” Related Reading: Solana Scores Major Institutional Adoption As WisdomTree Goes On-Chain That usability point, in his view, is underpriced by investors who focus on benchmark-style comparisons. “I think ease of use is a killer app that’s underrated by investors,” Hougan said. “Investors like to talk about throughput and they like to talk… TPS… who cares about this? …For an end user who’s trading, who’s on-ramping, ease of use is the killer app. And Solana is just easy to use, just dead easy to use.” Hougan also acknowledged a common investor blind spot: token supply dynamics can separate price action from market cap growth. He noted that Solana’s market value can rise meaningfully even if the token price revisits prior highs, and suggested staking yield partially offsets dilution, citing “roughly like 7% a year.” Another thread in the discussion was how regulation shaped institutional behavior. Hougan said Solana’s footprint in stablecoins and tokenization was constrained during the prior US regulatory environment, arguing that institutions “couldn’t build on Solana” if they believed it sat “outside of the regulatory perimeter.” With that cloud lifting, he said, mandates are starting to broaden. He also described why the ETF wrapper matters more for a smaller asset. “You put a little bit of inflows into an ETF package and they’re chasing a relatively small supply of Solana,” Hougan said. “It’s one of the best setups for an asset that I’ve ever seen because you have this small constrained size, you have significant institutional demand, you have stablecoins and tokenization… you put all that together and it seems like a winner.” Still, he avoided hard price targets and instead stayed in market-cap terms. “In 5 years I think it could be a trillion dollar asset. I think that’s relatively easy to imagine,” he said. “It’s hard to give a precise target because it depends on the pace of growth on stablecoins and tokenization. It depends on whether Congress passes the Clarity Act. It depends on the sort of crypto market cycles.” E156: @Matt_Hougan from @BitwiseInvest – $6.5M Bitcoin and the strongest Solana setup ever? This might be the most bullish yet rational episode we’ve done on the future of crypto: why debasement, institutional flows & tokenization are just getting started. Timestamps: 0:00… pic.twitter.com/WMqvKL7pCj — MR SHIFT ???? (@KevinWSHPod) January 29, 2026 On simple market-cap math, a $1 trillion Solana valuation implies a four-figure token price depending on supply. The relationship is straightforward: token price equals market cap divided by supply. Using Solana’s circulating supply of roughly 566 million SOL, a $1 trillion market cap works out to about $1,766 per SOL ($1,000,000,000,000 ÷ 566,000,000). Related Reading: Solana Pauses After 20% Drop — This Key Level Could Decide What’s Next If you instead use a fully diluted-style denominator closer to 619 million SOL, the same $1 trillion market cap implies roughly $1,615 per SOL ($1,000,000,000,000 ÷ 619,000,000). In other words, Hougan’s “trillion-dollar asset” framing maps to something like the mid-$1,000s per token on today’s supply assumptions, with the exact number moving as supply changes. Notably, Hougan’s Solana call sat alongside a broader macro narrative he returned to repeatedly: monetary debasement pushing investors toward scarce and non-sovereign stores of value. On Bitcoin, he argued the “two ways to win” are the store-of-value market expanding and Bitcoin taking share from gold, an arc he said could drive multi-million-dollar BTC over decades if the last 10–15 years of adoption trends persist. For Solana, the equivalent is less about being “digital gold” and more about becoming a primary venue for stablecoin flows and tokenized securities. If those rails scale and if Solana continues gaining share as a high-velocity, institution-friendly network, Hougan’s trillion-dollar scenario implies the market is still pricing the opportunity too conservatively. At press time, SOL traded at $115.40. Featured image created with DALL.E, chart from TradingView.com
Solana is rapidly positioning itself as a core hub for tokenized finance following WisdomTree’s deployment of fund infrastructure on the blockchain. The move reflects growing confidence among traditional asset managers in SOL’s ability to support large-scale, regulated financial products with the speed and cost efficiency required by modern capital markets. How Traditional Asset Managers Expand On-Chain Operations WisdomTree’s deployment of $159 billion in fund infrastructure on Solana marks a turning point for how regulated money moves. A research and news site, Genfinity, revealed on X that regulated money market funds are now settling natively on SOL, which means institutional cash flow assets no longer require traditional banking rails. One of the clearest signals is the Government money market digital fund, which already holds around $730 million in on-chain assets. Direct minting eliminates synthetic exposure with real Treasury-backed settlement. This allows retail investors to access institutional-grade financial products with blockchain speed and low costs. The multi-chain deployment is proof that financial institutions prioritize performance over narrative. Currently, SOL is processing the same regulated funds that previously required correspondent banks and a 3-day settlement. The gap between on-chain infrastructure and traditional finance products has just collapsed. An industry-leading commentary on the global capital markets, The Kobeissi Letter, reported that Coinbase has announced it is integrating with Jupiter Exchange directly into its on-chain trading stack. With this move, millions of Solana-based tokens can now be traded on Coinbase for the first time, all through Jupiter on-chain liquidity. Instead of relying on the slow manual process of listing assets on a centralized order book, Coinbase is currently using on-chain infrastructure to provide instant access to Solana-native markets. Under the new integration, users can deploy existing Coinbase balances and payment methods to trade tokens from a self-custodial wallet. “Even the centralized exchanges are moving on-chain,” The Kobeissi Letter noted. Why Liquidity Grabs Often Precede Reversals According to Larskooistra, the local context on Solana is fairly conducive to building a structure. The Price has already completed a Model 2 accumulation schematic, and grabbed all buy-side liquidity while taking the range high and broke market structure back to bearish, creating a supply in the process. Related Reading: Solana Structure Suggests One Final Test Before Bulls Can Step In From a higher-timeframe perspective, this gives a bearish context on BTC whenever accumulation models complete themselves and break the market structure, and then turn back to bearish afterwards, which shows a full reversal towards the lows. Larskooistra expects the equal lows acting as the next liquidity target to be taken out, and is looking for distribution schematics on the current move up. Featured image from Adobe Stock, chart from Tradingview.com
Solana has taken a breather after a sharp 20% sell-off, with the price now stabilizing at a technically significant zone. As volatility cools and consolidation sets in, the market is watching closely to see whether this level acts as a launchpad for a recovery or opens the door to further downside. The next move from here could define SOL’s short-term direction. VAH Rejection Sends SOL Back Into Range Market expert Umair Crypto explained that Solana’s rejection at the Value Area High (VAH) near $141 set the tone for the recent move. After briefly extending to $148, SOL once again failed to flip the psychological $150 level into support, and ultimately triggered a sharp downside reaction, resulting in a nearly 20% decline toward the $117 area. Related Reading: Solana (SOL) Recovery Reaches A Level That Changes Everything Following the sell-off, price rotated back into the same two-month consolidation range, suggesting that the move lower was more of a range continuation than the start of a new trend. SOL is now retesting the Value Area Low flip zone around $128, a level that has repeatedly acted as a short-term pivot between buyers and sellers. If $128 holds and buyers manage to defend this zone, the analyst sees room for a bounce toward $132. Further acceptance above that level could open a path toward the range Point of Control near $138. However, even a move into that region would still reflect range-bound conditions rather than a confirmed bullish breakout. Umair Crypto stressed that SOL remains stuck inside a broad $30 range, offering little directional edge in the middle. An acceptance below $120 would shift the bias firmly bearish. On the other hand, a strong reclaim above $150 would flip the market structure bullish. Until either scenario plays out, the higher-probability outcome continues to lean toward lower prices within the range. SOL Enters A Compression Phase Above Key Support According to a recent market update from BitGuru, Solana has experienced a significant pullback and is now entering a phase of consolidation just above a critical support zone. This type of price compression is a classic technical indicator that the market is preparing for a sharp reaction move. Related Reading: Solana (SOL) Recovery At Risk With Bears Guarding Resistance As volatility narrows and the trading range tightens, the build-up of market energy typically precedes a breakout. The path forward remains binary based on Solana’s interaction with its immediate boundaries. A clean reclaim of the nearby resistance level would signal a return of buyer confidence and a potential shift in momentum. Conversely, a failure to defend this established base would keep significant downside risk active, potentially leading to a deeper correction if the support zone is breached. Featured image from Adobe Stock, chart from Tradingview.com
Plus: Solana’s latest phase, OP token buybacks and EF post-quantum security team.
Both institutional and retail investors will be able to mint, trade and hold the tokenized funds on Solana through WisdomTree Connect and WisdomTree Prime.