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- Grayscale listed six reasons to consider Solana (SOL) in 2026, including network usage, staking rewards, lower prices, and on-chain diversity.
- Analyst Ali Martinez flagged a Bollinger Bands squeeze on Solana near the $81 to $92 range, pointing to a possible major price move.
Solana entered 2026 with renewed attention from digital asset investors. The network’s native token, SOL, remains tied to activity across payments, decentralized finance, staking, and tokenized assets. Grayscale has now shared a research note that lists six reasons why SOL is bullish in the current market cycle.
On top of Grayscale’s reasons was the Solana network usage. Over the last year, the network led smart-contract blockchains in users, transactions, and transaction fees. Another factor is crypto regulation; clearer rules around stablecoins and tokenized assets have increased focus on blockchains that can support large-scale financial activity. Solana remains one of the main networks in that group.
Grayscale has more than a few reasons why we're so optimistic about @solana's future.
1️⃣ Leader in users, transactions & fees
2️⃣ Positioned for growth amid regulatory clarity
3️⃣ Staking rewards for network participation
4️⃣ ~67% below Sept 2025 highs
5️⃣ Strong network effects
6️⃣… pic.twitter.com/TAO08npACg— Grayscale (@Grayscale) March 13, 2026
The report also pointed to staking rewards. SOL holders can earn yield by helping secure the network through staking. Price levels were also on the spot as Solana fell nearly 67% from its September 2025 peak. This put the token well below its previous high, leaving massive room for a bullish recovery run through extended market volatility.
Previously, we also noted that Solana was building Lightspeed with Blockworks for institutional investors. The platform gives professional allocators on-chain data, research, sector breakdowns, and quarterly reports in one place.
Solana’s Network Scale and SOL Price Setup
Grayscale also highlighted network effects, with the smart contract market expected to narrow over time as fewer chains capture most users and liquidity. Solana was included in that group because of its transaction scale, user base, and broad application layer. Its on-chain economy also spans several segments, including DeFi, on-chain trading, lending, and decentralized physical infrastructure networks.
The SOL token is linked not just to payment activity, but also to trading demand, staking participation, and application growth across the wider ecosystem.
Meanwhile, recent market analysis added a shorter-term trading angle. Ali Martinez identified a Bollinger Bands squeeze in Solana between $81 and $92, indicating a broader price action. Other indicators also supported Grayscale’s bullish forecast for SOL. The Moving Average Convergence Divergence line remained above the signal line, and the histogram stayed positive. That arrangement indicated momentum improvement as SOL attempted to bounce back from its previous decline.
According to Bull Bear Power on the 1-day chart, the selling pressure had subsided following the sharp decline experienced in early February. The most recent bars turned neutral and momentarily shifted to positive, indicating that buyers were returning.
In recent news, CNF outlined Aon’s stablecoin premium payment pilot using PYUSD on Solana and USDC on Ethereum. It marked the first known insurance premium settlement in stablecoins by a major global broker.
SOL was trading at $93.12, gaining 5% in the last 24 hours, with a trading volume of $4.87 billion.
