Solana Price Analysis Points to Major Reversal as FUD Reaches 2026 Low

Solana's price analysis indicates that the altcoin may be poised for a significant reversal in trend. According to data from Santiment, the sentiment surrounding Solana has reached its lowest point since 2026, indicating a high level of fear, uncertainty, and doubt (FUD). This type of environment is often seen as an ideal time to buy, as it suggests that the market has become overly pessimistic.

The network growth chart also shows a strong upward trend, with new wallets increasing by 1.87 million over five months despite prices falling from $239 to $81 during this period. This indicates that adoption is still strong and that the decline in price may be a buying opportunity. Funding rates have also highlighted many short positions being liquidated, creating further opportunities for buyers.