Bitwise Predicts Solana Price Will Hit New All-Time Highs in 2026

Solana price declined by 4% over the past 24 hours, breaking below the key $130 support zone. Bitwise analysts are bullish in the long-term despite weakness in the short-term outlook. They forecast that the network growth will push Solana to new all-time highs by 2026.

The dip mirrors a broader market slump, as the global crypto market fell 1.5% in the same period, extending its weekly losses to 7.5%.

Solana Price Forecasts New ATH in 2026, Says Bitwise

Bitwise Asset Management has projected that Solana ($SOL) could reach a new all-time high in 2026. This is a projection of the annual New Year forecast by Bitwise, which names a number of digital assets that will improve by the end of the year.

Solana, which had seen its highest point on January 19, 2025, of up to $294.33, is now trading nearly 58% below the highest point. Even though it has declined, the analysts are optimistic of its course in the future.

This is projected following a boom of institutional activity and the accrual of developer momentum on the Solana blockchain. Bitwise enumerated the rapidity of transactions with Solana, lower expenses, and sound ecosystem development as the primary advantages of the bullish case.

Solana ETFs See $11M Inflow as BSOL Leads the Charge

Solana spot ETFs witnessed a significant capital inflow of $10.99 million on December 17, according to SoSoValue data. Bitwise SOL ETF (BSOL) was the first to jump with a 1-day net inflow of $6.96 million, which took its total to 613 million.

Next, Fidelity FSOL ETF recorded a net inflow of 2.89 million, which indicates that institutional investors were still considering Solana-based investment products.

The trend of inflow can also mean that there is a buildup before possible rallies, and the ETFs are a major vehicle of a wider exposure.

Solana Leads DApp Revenue for 19th Month Straight

Solana has remained the top DApp revenue chain across all L1 and L2 networks for 19 months.

As of November 2025, Solana has the highest share of total Web3 DApp revenue of 31 percent, ahead of all competitors. 

The data is supplied by Syndica that revealed the stable leadership of Solana despite the changes in the market and the rising competition with Ethereum, Base, and Hyperliquid.

The domination of Solana features effective ecosystem development and a stable stream of developer activity among decentralized applications.

Solana Price Teeters at $122: Is a Drop to $100 Next?

As of the reporting, the SOL price traded at $122.95, continuing a bearish trend on the 4-hour chart.

The Solana price has fallen below the mid-range support of $130. This is currently finding support above the major psychological support of $120.

Should bears drive SOL down to below conviction level of $120, the next downside level is about $110. Another failure point may reveal that $100 is a critical point.

Solana’s long-range prediction must reclaim $130 and flip it into support. A break above $140 would confirm bullish strength and open a move toward $150.

The MACD indicator depicts the continuation on a bearish trend. The signal line crosses over the MACD line and the histogram bars are moving towards the red direction. Moreover, the RSI is 36, which is close to the oversold value of 30.