2. Solana $SOL
: Holding Steady Amidst Crash Remembrance
🔻 Why is the price dropping?
· The painful legacy of FTX: The collapse of the FTX exchange in 2022 left deep scars on Solana's reputation.
· Activity evaporating: Trading volume on Solana's DEXs has plummeted by over 20%, indicating a decline in actual participation.
· Long-term traders are selling: They've sharply reduced their exposure after the coin failed to break through key resistance levels.
· Intense competition: Solana is facing heavy pressure from BNB Chain, NEAR, and others.
📊 Data and Forecasts
· Decline: Down 29% since the start of 2026, after hitting $295 in January 2025.
· 2026 Forecast: Expected to range between $79 and $168.
· 2027 Forecast: Could see improvement, ranging from $88 to $462.
· 2028-2030 Forecast: Average could reach around $705 by 2030, according to these estimates.
: Holding Steady Amidst Crash Remembrance
🔻 Why is the price dropping?
· The painful legacy of FTX: The collapse of the FTX exchange in 2022 left deep scars on Solana's reputation.
· Activity evaporating: Trading volume on Solana's DEXs has plummeted by over 20%, indicating a decline in actual participation.
· Long-term traders are selling: They've sharply reduced their exposure after the coin failed to break through key resistance levels.
· Intense competition: Solana is facing heavy pressure from BNB Chain, NEAR, and others.
📊 Data and Forecasts
· Decline: Down 29% since the start of 2026, after hitting $295 in January 2025.
· 2026 Forecast: Expected to range between $79 and $168.
· 2027 Forecast: Could see improvement, ranging from $88 to $462.
· 2028-2030 Forecast: Average could reach around $705 by 2030, according to these estimates.