Solana (SOL) FUD Hits 2026 High: Why It Could Be a Bullish Twist

Solana’s restoration seems to have misplaced momentum after it shed over 6% prior to now week. As it at present trades close to $77, it’s going through its most adverse market sentiment of 2026.

In reality, SOL’s buying and selling quantity has dropped to its lowest level in 2026, whereas adverse commentary surrounding the asset has surged to its highest each day degree this yr, in accordance with Santiment.

Rebound Setup Emerges

Much of the frustration stems from expectations that robust narratives round tokenized shares and real-world asset (RWA) exercise would translate into stronger worth efficiency, one thing merchants have but to see.

Santiment noted that this mix of elevated concern, uncertainty, and doubt (FUD) alongside weak buying and selling quantity has traditionally created situations that may favor a rebound. With retail participation low and sentiment deeply adverse, there could also be much less resistance if massive stakeholders determine to drive Solana’s costs greater, which might doubtlessly set the stage for a sharp transfer that catches merchants off guard.

The Solana community added 1.60 million new addresses over the previous two weeks. Additionally, the SuperTrend indicator on SOL’s three-day chart additionally flashed a new purchase sign for the primary time since October 10, 2025, when the Average True Range (ATR) trailing cease moved under the worth. According to analyst Ali Martinez, the earlier SuperTrend promote sign was adopted by a 74% worth correction. He said the most recent sign factors to a bullish pattern and will ship SOL towards $100.

Michaël van de Poppe additionally noticed that the crypto asset has re-entered its buying and selling vary and should briefly pull again earlier than persevering with its upward transfer. He added that holding the $75-$77 vary as help might open the door to beneficial properties towards $100 and doubtlessly $120 within the coming weeks or months.

$78 Holds the Key

Another crypto analyst, Dami-Defi, additionally pointed to a potential breakout as SOL at present checks the higher boundary of a descending channel that has been in place since September 2025. According to the analyst, a three-day shut above $78 would verify the breakout and open the door to an preliminary transfer towards $105, adopted by $125 and $155 if momentum continues.

However, the setup can be invalidated by a three-day shut under $72, and stronger buying and selling quantity can be wanted to substantiate the breakout.

The submit Solana (SOL) FUD Hits 2026 High: Why It Could Be a Bullish Twist appeared first on CryptoPotato.