Once ridiculed when told to sell at Rp4.2 million, this analyst predicts Solana’s price in 2026

Jakarta, Pintu News – A renowned crypto analyst who once became a laughing stock for advising investors to exit the market when Solana (SOL) was at its peak is back with a surprising prediction.

The analyst, known as Crypto Patel, proved the accuracy of his vision after the SOL price took a complete freefall from the $250 area. Now, amidst the unstable market conditions, he warns that a “repeat cycle” could take Solana’s price to much lower levels before it sets new records in the future.

Accurate Prediction at $250 Peak Now a Reality

In a recent post on the X platform, Crypto Patel reminded the community how many investors “dreamed” Solana (SOL) would break the $1,000 mark when it was in the $200-$250 range. Instead of skyrocketing, the price reversed from its peak of $295 and plummeted by 77% to the area of $67 or around Rp1,131,429. The market’s validation of the exit call has now made his latest analysis a sharp lookout for traders and novice investors looking to safeguard their portfolios.

Currently, Solana (SOL) is seen testing a critical level of $85 or about Rp1,435,395, which is the 0.382 Fibonacci retracement level. Patel noted that this area still looks structurally weak as the price trend continues to printlower highs. Failure to hold this $85 level is predicted to be the entry point for a much more painful correction, similar to the pattern that occurred in the last 2021 market cycle.

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Real Danger: Potential to Plummet to IDR 500,000

Crypto Patel’s in-depth analysis shows that if the defense at $85 is broken, the Solana (SOL) price is at risk of sliding freely into the Fair Value Gap (FVG) zone in the range of $30 to $50. If converted to our currency, this price is equivalent to IDR 506,610 to IDR 844,350. This decline is projected to reach 89% of the 2024 high, which according to the company is a natural correction phase after the previous thousand percent price expansion.

This pattern is actually not new to the cryptocurrency ecosystem. In the 2021 bull run cycle, prices skyrocketed by more than 24,000% before plunging as deep as 97% the following year. Patel believes that Solana (SOL) is currently in the middle of a corrective phase that needs to be resolved before the digital asset has enough energy to start a massive rally back towards more fantastic numbers in the future.

Long-Term Target: IDR16 Million to IDR156 Million!

Despite giving a bearish warning for the short-term, Crypto Patel has maintained his optimistic outlook for the long-term future of Solana (SOL). He projects that once this correction phase is complete, the next price target will be the range of $500 to $1,000 by 2027. This surge is expected to pave the way for a steadier rally towards numbers that are unbelievable to many today.

Furthermore, the analyst dares to set a price target in the range of $9,270 or the equivalent of IDR156,542,490 by the end of 2029. This prediction reflects a fantastic increase of more than 27,000% from its lowest level later. For investors, the key message is about patience in dealing with cryptocurrency volatility and the importance of understanding strategic accumulation levels so as not to get caught up in the market euphoria that is often misleading when prices are at their peak.

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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 are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Scott Matherson. This Analyst Predicted Solana Sell-Off At $250, And Is Back With A New Prediction. Accessed February 20, 2026.