WHY SOLANA IS NOT GOING TO $9 OR $99 😘😘
Recently, some bearish voices have been claiming that $SOL could crash back to $9 (its historical low) or $99. However, looking at the current on-chain data and the technical chart provided, these scenarios are virtually impossible.
1️⃣ THE CHART SAYS "BULLISH"
- Solid Support at $124: The red dashed line at $124.04 is acting as an "iron floor." For SOL to hit $99, it would have to break this massive buy-wall, which has shown strong rejection of lower prices.
- Upward Momentum: SOL is currently trading at $133.08, maintaining a position well above the mid-band. It is currently testing the $133.87 resistance, with the next target at $139.51.
- Structure: The higher-lows being formed on the chart indicate a healthy uptrend, not a collapse.
2️⃣ FUNDAMENTAL STRENGTH OF 2026
The $9 scenario only happened during the "black swan" of the FTX collapse. In 2026, Solana’s position is entirely different:
- Institutional Adoption: Major global entities like Western Union have already integrated Solana for stablecoin operations due to its unmatched speed. Big players don't build on a "failing" chain.
- The ETF Catalyst: With Solana Spot ETFs on the horizon, billions in institutional capital are ready to flow in, creating a price floor that retail bears cannot break.
- Network Reliability: Having achieved 100,000 TPS in real-world testing, Solana is now the undisputed leader for Real-World Assets (RWA) and high-frequency trading.
3️⃣ SCARCITY AND DEFLATIONARY PRESSURE
- Reduced Inflation: As of 2026, SOL’s inflation rate has dropped significantly (estimated at ~3.5%), reducing sell pressure from validators.
- Ecosystem Lock-in: With billions of dollars locked in DeFi and Liquid Staking, the circulating supply is tighter than ever. There simply isn't enough "sell-side" volume to push the price down to double digits.
DON'T BE FOOLED BY THE FUD. HOLD THE LINE!
$SOL TO THE MOON!