Quick Read – Solana has strong network growth, but with SOL still 71% below its peak, it looks more like a hold than a strong buy in 2026. – The FTX estate still holds about $321 million in SOL and releases it in monthly batches of roughly $16 to $17 million, a steady overhang…
at continues to limit upside. – Solana ETF inflows dropping from $419 million to $34 million show weak demand, keeping SOL from a strong buy case right now. – Solana (CRYPTO: SOL) is trading around $85 today, about 71% below its peak price of $295. The FTX bankruptcy estate has been part of the reason the price keeps stalling: it still holds roughly $321 million worth of SOL and releases it in monthly batches of around $16 to $17 million to repay creditors
Yet developer activity is growing, on-chain transactions are rising, and money is still coming in through ETF inflows. So, is Solana a good crypto to buy in 2026, or will the selling pressure keep winning? Solana’s Growth, Speed And Adoption In 2026 Solana processed its highest transaction count ever in Q1 2026, hitting 10.1 billion transactions in a single quarter.
Everyday transactions, excluding voting activity, averaged 112.6 million per day, 50% higher than the quarter before, which points to real usage rather than network noise. Solana has also overtaken Ethereum in adjusted weekly stablecoin volume, handling 32.6% of global stablecoin transfers against Ethereum’s 27.8%. In February 2026 alone, stablecoins moving through Solana hit $650 billion, nearly tripling from January.