Solana (SOL) has recently been on an upward trend, prompting prominent Wall Street investor Anthony Scaramucci to name it a "top altcoin" to watch in 2026. He cited Solana, Avalanche (AVAX), and TON (TON) as key holdings, praising Solana's competitiveness among Layer 1 chains.
In a recent interview, Scaramucci described Solana as "a platform that's cheap, has low fees, is fast, and easy to use." While stating that he "believes in a multi-coin world," he emphasized that Solana meets the core requirements of a successful Layer 1 platform.
These positive comments, coupled with the overall recovery in the cryptocurrency market, pushed Solana's price up by approximately 3% over the past day, reaching $128.30 (approximately 185,500 won). While up 4% from last week, Solana is still suffering a cumulative loss of 9.5% over the past month and 38% over the past year.
Technical Analysis: Is This a Rebound Signal?
Market insiders analyze that a "bullish pennant" pattern has been forming on Solana's price chart for several months. With the RSI and MACD indicators also showing signs of a negative turnaround, some predict a significant rebound could occur as long-term oversold conditions resolve.
Solana's fundamental strength also supports its upward trajectory. With a total value locked (TVL) of $9.3 billion (approximately KRW 13.4478 trillion), Solana is the second-largest Layer 1 blockchain after Ethereum. Notably, its decentralized exchange (DEX) trading volume reached $2.97 billion (approximately KRW 4.2943 trillion), dwarfing Ethereum's $1 billion (approximately KRW 1.446 trillion) during the same period.
The launch of an ETF is also boosting investor sentiment. The recent launch of several Solana-based exchange-traded funds has garnered attention, and the launch of more ETFs is seen as a positive sign that could drive price increases. Given this trend, some analysts predict Solana could reach $150 (approximately KRW 216,900) by the end of January, $250 (approximately KRW 361,500) in the second quarter, and $1,000 (approximately KRW 1,446,000) by the end of 2026.
Bitcoin Hyper: A Next-Generation Layer 2 Project Based on Solana
Another reason investors are paying attention to Solana is the emerging project within the ecosystem, Bitcoin Hyper. This project aims to be the first layer-2 chain based on Bitcoin, leveraging Solana's virtual machine to build a fast and highly scalable service.
Hyper Token (HYPER), currently in presale, has already raised $30 million (approximately KRW 43.38 billion), attracting significant attention. Investors can deposit Bitcoin into a smart contract to receive HYPER of equal value, which can then be used in various DeFi (decentralized finance) protocols. Interest income is also available through staking, and the token currently offers an annual percentage yield (APY) of approximately 39%.
The current price of Hyper is $0.013515 (about 19.5 won), and the price will increase as sales proceed.
๐ Market Interpretation
Anthony Scaramucci's comments have added strength to Solana's fundamental strength and technical rebound. ETF launches, DEX growth, and increased TVL are supporting the price increase, and some analysts predict a long-term bull market through 2026.
๐ก Strategy Points
While we believe in Solana's potential, diversifying our investment portfolio is crucial. Bitcoin Hyper, a presale project, is also worth noting and could offer an opportunity for investors seeking early entry.
๐ Glossary
Layer 1: The basic structure of a blockchain network. Examples include Bitcoin, Ethereum, and Solana.
Layer 2: A secondary chain built on top of Layer 1 for scalability and cost reduction.
TVL: Abbreviation for Total Value Locked, the total amount of assets locked in DeFi protocols.
DEX: Decentralized exchange. Coin trading is possible without intermediaries.
MACD/RSI: A technical analysis indicator used to determine buy and sell points.
๐ก Want to know more? AI-prepared questions for you:
A. He evaluated Solana as a "cheap, fast, and easy-to-develop" platform, emphasizing that it meets all the attributes required for a successful Layer 1 blockchain.
A. Some analysts predict that the price could rise to $150 by the end of January, $250 in the second quarter, and $1,000 by the end of 2026. However, it should be noted that this may vary depending on market conditions.
A. Bitcoin Hyper is Bitcoin's L2 network, running on Solana, enabling BTC DeFi utilization. It raised significant funds during its presale and plans to offer various services using the HYPER token.
A. That's right. Solana's DEX trading volume reached $2.97 billion, significantly exceeding Ethereum's $1 billion, demonstrating its rapid growth.
TP AI Precautions
This article was summarized using a TokenPost.ai-based language model. Key points in the text may be omitted or inaccurate.
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