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<p>The Solana price dropped 1.5% to $67.54. <a href="https://captainaltcoin.com/analyst-updates-outlook-on-bitcoin-solana-and-alts-warns-of-final-leg-down/" rel="noopener noreferrer nofollow">The Bitcoin price</a> fell 3%, dragging the whole market down with it. A Deutsche Bank report said Bitcoin is now acting like a mainstream asset, tied to the Fed and ETF money flows. When that report landed, the risk-off mood hit everything, Solana included.</p>
<p>There’s more pressure underneath. A whale has a $16.5 million long position near $68. If that gets wiped out, it could speed up the drop. On top of that, a double-top pattern on the chart broke down at $68, with a downside target around $60.80.</p>
<p>So Solana is getting squeezed from every side, macro news, whale risk, and technicals.</p>
<h2 class="wp-block-heading" id="solana-s-defi-slump-is-becoming-harder-to-ignore">Solana’s DeFi Slump Is Becoming Harder to Ignore</h2>
<p>The debate around value capture in crypto has intensified following comments from analyst 2xnmore, who criticized projects with growing protocol metrics but limited benefits for token holders.&nbsp;</p>
<p>Using ONDO as an example, he pointed to a protocol valued at $3.59 billion, generating roughly $4.9 million in monthly fees, yet offering no direct revenue distribution or buyback mechanism for token holders. His argument centered on the growing gap between protocol success and token performance.</p>
<blockquote class="twitter-tweet">
 <p><a href="https://x.com/search?q=%24ONDO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ONDO</a> built a $3.59B protocol and forgot to invite the token holders.<br><br>TVL at all time highs.<br><br>Token down 85% from its peak.<br><br>That is not a market problem.<br><br>That is a design problem.<br><br>$4.9M in monthly fees flowing to a DAO treasury with no buyback and no distribution to holders.… <a href="https://t.co/8xqUyhKmpz" rel="noopener noreferrer nofollow">pic.twitter.com/8xqUyhKmpz</a></p>— 2xnmore (@2xnmore) <a href="https://x.com/2xnmore/status/2069723609401069612?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 24, 2026</a>
</blockquote>
<p>That discussion has become relevant across the broader DeFi sector. Total value locked across decentralized finance protocols has fallen from $115 billion in January to $70 billion in June, wiping out $45 billion in capital. Investor confidence has also been affected by several high-profile security incidents across the industry, reducing risk appetite.</p>
<p>Solana has been one of the largest casualties of that trend. The network’s TVL has dropped 40.5% to $4.93 billion. Lower TVL means less capital moving through lending markets, decentralized exchanges, and yield protocols.&nbsp;</p>
<p>For the <a href="https://captainaltcoin.com/solana-sol-price-fails-at-a-crucial-level-again-and-now-trouble-may-be-ahead/" rel="noopener noreferrer nofollow">SOL price</a>, that matters because weaker DeFi activity can reduce network usage, transaction fees, and ecosystem growth at a time when investors are already becoming more selective.</p>
<h2 class="wp-block-heading" id="key-developments-supporting-the-sol-price">Key Developments Supporting the SOL Price</h2>
<p>Solana’s DeFi side is struggling, but the network itself keeps moving forward.</p>
<p>The big one is Alpenglow, a major upgrade that could cut finality times from 12 seconds down to about 150 milliseconds. That’s a solid jump. Anatoly Yakovenko says it could land as early as Q3 2026. If it delivers, Solana becomes way more useful for payments, trading, and anything that needs speed.</p>
<p>There’s other stuff in the works too. One proposal, SIMD-0286, wants to boost block compute capacity from 60 million to 100 million units, a 66% increase.&nbsp;</p>
<p>Another proposal, SIMD-0266, aims to reduce token-program compute requirements by as much as 98%. If implemented successfully, both upgrades could improve scalability and reduce congestion during periods of heavy activity.</p>
<p>Institutional adoption continues to provide another source of support for the SOL price. Real-world assets on Solana exceeded $2 billion earlier this year, and major integrations continue to expand the ecosystem.&nbsp;</p>
<p>SoFi rolled out a stablecoin on Solana. Cash App added USDC support. Visa keeps using the network for settlements.</p>
<p>Behind the scenes, developers are working on privacy tools and enterprise features too. That could open Solana up to more than just crypto people, maybe payments, banking, and real-world business use down the line.</p>
<p><strong><em>Related Solana News: </em></strong><a href="https://captainaltcoin.com/toss-bank-partners-with-solana-foundation-for-stablecoin-remittances-as-sol-price-reclaims-74/" rel="noopener noreferrer nofollow"><strong><em>Toss Bank Partners with Solana Foundation for Stablecoin Remittances as SOL Price Reclaims $74</em></strong></a></p>
<h2 class="wp-block-heading" id="chatgpt-s-sol-price-prediction">ChatGPT’s SOL Price Prediction</h2>
<p>After reviewing Solana’s current fundamentals and technical setup, ChatGPT outlined three possible scenarios for the SOL price.</p>
<p><strong>If things get worse</strong></p>
<p>Solana could drop to $60–$62. The double-top pattern points to $60.80. Add in a weak Bitcoin, macro pressure, and TVL down 40%, and it gets ugly fast. There’s also a $68 liquidation level that could speed things up if it breaks.</p>
<p><strong>If things hold steady</strong></p>
<p>Expect $65–$75. That assumes the market calms down and demand from real-world use, Visa, payments, stablecoins, cancels out the DeFi bleeding. <a href="https://coinmarketcap.com/currencies/solana/" rel="noopener noreferrer nofollow">Solana</a> chops sideways while everyone waits on the Fed and network upgrades.</p>
<p><strong>If things turn around</strong></p>
<p>Solana could bounce to $85–$95. That requires sentiment to flip, money to flow back into DeFi, and Alpenglow to deliver. If TVL picks up and activity returns, $80 breaks and the high end comes into play.</p>
<p>Solana is getting hit from two sides, the broader crypto selloff and a collapse in DeFi activity. TVL on Solana is down over 40% this year.</p>
<p>But it’s not all bad. Major upgrades are coming. Big companies like Visa and SoFi are using the network. More real-world stuff is building on Solana too.</p>
<p>So where does it go from here? Could drop to $60. Could bounce back toward $95. Depends on one thing, when the market turns and whether money starts flowing back into the ecosystem.</p>
<h2 class="wp-block-heading" id="frequently-asked-questions">Frequently Asked Questions</h2>
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  <div class="uagb-faq-questions-button uagb-faq-questions"><span></span><span></span><span><strong>Will Solana hit $1000 dollars<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2753.png" alt="❓"></strong></span>
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   <p>Solana (SOL) hitting $1,000 is mathematically possible, but analysts generally agree it is unlikely to happen in the near term. Reaching this milestone would require SOL to capture a massive market capitalization of over $500 billion, placing it on par with major global tech giants</p>
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  <div class="uagb-faq-questions-button uagb-faq-questions"><span></span><span></span><span><strong>Is Solana better than Ethereum<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2753.png" alt="❓"></strong></span>
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  <div class="uagb-faq-content">
   <p>Solana is faster and cheaper than Ethereum, making it attractive for payments, trading, and consumer-focused applications. Ethereum, however, remains the larger ecosystem with deeper liquidity, stronger decentralization, and broader institutional adoption.</p>
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<p>The post <a href="https://captainaltcoin.com/chatgpt-predicts-solana-price-after-losing-40-of-its-defi-tvl/" rel="noopener noreferrer nofollow">ChatGPT Predicts Solana Price After Losing 40% of Its DeFi TVL</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

ChatGPT Predicts Solana Price After Losing 40% of Its DeFi TVL

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