Bitwise Predicts Solana Price to Hit a Record in 2026: Big Rally to $250 Awaits?

Jakarta, Pintu News – In the dynamic world of cryptocurrencies, Solana shows significant potential to reach new heights. According to predictions from Bitwise, an asset management company, Solana is expected to reach new record highs in 2026.

This is supported by steady network growth and increased institutional engagement. With these developments, many market participants have started to look at Solana as a future investment.

Institutional Adoption & Use of Solana will Continue to Grow

Solana last peaked at $294.33 in January 2025 and is now trading almost 58% lower than that level, according to data from CoinMarketCap.

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Bitwise analysts argue that this drop is insignificant when compared to the benefits offered by Solana, such as fast transaction speeds, low fees, and increased developer activity.

This forecast assumes that institutional adoption and on-chain usage will continue to grow throughout the next year, making SOL the cryptocurrency that will explode by 2026.

Solana ETFs remain popular. SoSoValue shows that SOL ETFs recorded nearly $11 million in net inflows on December 17. The Bitwise product led these inflows with around $7 million in just one day and now has total assets worth around $613 million.

SOL Price Analysis: Next $250 Target?

SOL fell 4% on December 18, 2025, missing the support zone at $130. This drop follows a broader bearish movement in the crypto market, with the total market value falling by around 1%.

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The chart below shows SOL trading within a descending channel, with price recently touching a strong demand zone around the $118-$120 region. This level has previously been the basis for a recovery.

Meanwhile, momentum indicators remain weak, but selling pressure seems to be slowing down around this support zone.

If this support fails, the next bearish target is around the $115 level. On the other hand, a recovery above $135 would be an early signal that the sellers are starting to lose control, paving the way towards the $145-$150 resistance range and eventually, the $250 price target.

FAQ

What is Solana (SOL)?

Solana (SOL) is a blockchain platform known for its high transaction speed and low fees, which supports various crypto applications and projects.

Why is Bitwise optimistic about the future of Solana (SOL)?

Bitwise is optimistic about Solana’s future due to the steady growth of the network and increased involvement from institutional investors.

What is the price target for Solana (SOL) according to the latest analysis?

Recent price analysis suggests that Solana (SOL) has the potential to reach its $250 price target, subject to market conditions and price stabilization above support levels.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinspeaker. Bitwise Sees Solana Hitting Records in 2026, Major Rally Incoming. Accessed on December 19, 2025