Solana 2026 Analysis: Can Fundamentals Drive a $400 Recovery?
Solana (
$SOL) starts the new year under technical pressure, but on-chain data reveals a different story for long-term HODLers.
The Technical Floor:
$SOL ended 2025 down 35%, recently testing support at $120. While the chart shows lower lows, capital rotation into the ecosystem remains steady.
Institutional Pivot: Real-World Asset (RWA) value on-chain hit $800M—a 325% increase from the start of 2025.
The $400 Question: Analysts suggest that if HODLer conviction holds, the 2026 roadmap (focused on enterprise partnerships and network scaling) could trigger a massive "Risk-On" rotation.
Sentiment Check: The bridge between current technical weakness and the $400 target lies in the transition from retail speculation to institutional utility.