SOL would need to rise nearly tenfold from about $101 to reach $1,000, implying a market cap of about $589.8 billion versus roughly $59.5 billion now, and it trades 65.6% below its $293 peak. Solana has no maximum supply, and staking inflation keeps minting new tokens. Cumulative net inflows into U.S. spot Solana ETFs have fallen from $1.62 billion on September 29 to $1.54 billion, even as the Alpenglow upgrade cut transaction finality to about 150 milliseconds. The author judges SOL unlikely to hit $1,000 before 2028, with a probability below 10%.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
SOL/USDT
• NeutralSolana
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $59.7B |
| Close on 10/24/2026 | 102.38 |
| Change that session | -0.46% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Is Solana a Good Investment After a 65% Drop From Its Record High?
Solana (SOL) trades 65.4% below its record high of $293 and around $101, so it would need about a 189% gain to return to that peak. At $293, its market cap would need to be about $173 billion, compared with roughly $59.8 billion now, and ongoing staking rewards keep increasing supply. Alpenglow reduced transaction finality from around 12.8 seconds to 150 milliseconds, and J.P. Morgan Asset Management launched two funds on Solana, yet Solana ETFs saw $17.3 million in net outflows between October 19 and 22. SOL fell 47.2% over the past year, versus a 27.4% drop in Bitcoin, and the article considers a return to $293 before the end of 2027 unlikely. Conditions cited for improvement include Solana ETFs shifting from outflows to consistent inflows.
- Why Is Solana Worth About 17 Times More Than Sui?
Solana's market value is about $59.8 billion, roughly 15.3 times Sui's $3.9 billion. Both are high-speed layer 1 blockchains, and the market ranks Solana seventh by market cap versus Sui at 30th. Sui rose 25.7% over 60 days while SOL rose 5.8%, but Sui then fell 15.5% over 14 days to around $0.95. On a fully diluted basis, which counts all possible tokens, the gap narrows to about 6.8 times ($64.4 billion versus $9.5 billion), since only 41.2% of Sui's maximum 10 billion supply is circulating versus 92.7% of Solana's. U.S. spot Solana ETFs held about $1.61 billion in net assets as of October 22, 2026, though inflows have reversed from a peak, while the 21Shares Sui Staking ETF began trading on February 24, 2026, and SUI has dropped 32.1% in 2026.
- Solana Is Faster and Cheaper Than Ethereum. So Why Is ETH Worth 5 Times More?
The article notes that Solana confirms transactions in 150 milliseconds at lower fees than Ethereum, yet Ethereum's $293.5 billion market cap is about 4.8 times Solana's $61.7 billion as of October 22, 2026. Investors favor ETH as a foundation for institutions and tokenized assets, while SOL draws interest mainly for speed and memecoin trading. Ethereum's 30-day chain revenue of $6.3 million is less than 2x Solana's $3.4 million, so the market-value gap suggests speculation plays a large role. U.S. spot Ether ETFs hold $15.4 billion, 9 times the $1.7 billion in Solana ETFs, indicating institutional investors favor Ethereum even more than the broader market.
- What Will 10 Ethereum (ETH) Be Worth by 2030?
The article estimates what 10 Ethereum (ETH) could be worth by 2030 under different price scenarios. At about $2,335 per ETH, 10 ETH is worth about $23,350, and ETH trades 52.8% below its all-time high of $4,946. The price fell 12.5% over the past month and 40.4% over the past year, but rose 24.6% over the last 90 days from a June low of $1,505. The article calls $5,000 the most realistic base case, which would make 10 ETH worth $50,000, while $10,000 (a market cap above $1 trillion) appears less likely. If ETH falls below $1,505, a bear case could leave 10 ETH valued at just $15,000. The piece also notes that cumulative net inflows into U.S. spot Ethereum ETFs fell to $12.7 billion, and that JPMorgan's and BlackRock's tokenization moves on Ethereum have had little immediate effect on the price.
- Bitcoin ETFs Snap Two-Week Losing Streak Despite Late-Week Slide
U.S. spot Bitcoin ETFs saw $137.9 million in outflows on Friday but still finished the week up about $301 million, ending a two-week losing streak. For October, the Bitcoin funds remain down about $314 million, while Ethereum ETFs are down roughly $1.18 billion for the month. Bitcoin slipped 1.1% to about $80,490, and on the Myriad prediction market, the odds of Bitcoin dropping to $77,500 this month rose to 43%. The article links these moves to a midweek global selloff, when oil climbed above $111 a barrel and AI stocks slid.
- Bitcoin ETFs Bleed $636 Million as October Turns Red Again
U.S. spot Bitcoin ETFs shed a net $635.6 million on Thursday, wiping out nearly 60% of the roughly $1.07 billion inflow from the previous three sessions. That pushed October's net flows back into a loss of about $176 million, after the funds had reached roughly $460 million in inflows on Wednesday. Ethereum ETFs lost $110.6 million, lifting their October outflows to about $1.18 billion, while Solana ETFs shed $8.9 million. Prices barely moved, with Bitcoin near $81,460, while traders on Myriad, a prediction market, cut the odds of Bitcoin topping $87,500 this month to 17%.
Related markets
Latest news
- Stock-Split Watch: Is Sandisk Next?
Sandisk (SNDK) shares have risen 3,136% since its February 2025 IPO at $38, reaching $1,246, an average annualized return of 718% over about 18 months. The stock peaked at $2,335 on June 25, roughly 6,500% above its debut price, as AI-driven demand for NAND flash and solid-state drives outstripped supply and lifted pricing power and earnings. The article says the high share price makes Sandisk a candidate for a stock split, but management has not mentioned one, so it remains speculation. Analysts expect the stock to rise another 77% to $2,225 over the next 12 months. The article cites Booking Holdings' 25-for-1 split on April 2 and CrowdStrike's 4-for-1 split on July 2 as recent examples, with Booking up about 10% in the two weeks after its split.
- More pain may be coming for the AI trade. Why I’m not giving up on it
The author argues the AI trade is collapsing, using Meta as an example: a large earlier rally has largely faded after the company announced a huge prospective capital raise to fund infrastructure it had expected to self-fund. He asks whether Microsoft, Alphabet or Amazon could face similar pressure, and names consumer staples such as Kimberly-Clark, Coca-Cola and Procter & Gamble as alternatives. The article also cites local opposition to data centers over water use and electricity rates, and Nvidia's support for neoclouds such as CoreWeave, Nebius and Iren, which buy its chips. CoreWeave's stock fell sharply over its high-yield debt, and its ability to service that debt was questioned as funding from the prospective IPOs of Anthropic and OpenAI remained unclear. The author maintains that AI is not going away.
- 3 Genius Quantum Computing Stocks to Buy Now
The article argues useful quantum computing may arrive sooner than many investors expect, with industry leaders now pointing to 2029 instead of 2030. The author proposes a basket of three stocks ranging from aggressive to conservative: IonQ, Alphabet and Nvidia. IonQ is described as the most aggressive pick, with a 256-qubit system due next year and several systems already sold via preorder, though its risks are high. Alphabet is developing its Willow chip and could offer quantum computing through Google Cloud, while Nvidia is called the most conservative pick because it focuses on GPUs and has developed NVQLink to connect quantum computers to existing infrastructure. The article notes that Alphabet, which self-funds its quantum work, may be quieter about its progress without that signaling trouble.
- 5 Insurance Stocks to Buy for a Decade of Rising Dividends
The article highlights five insurance stocks, Aflac (AFL), Chubb (CB), Cincinnati Financial (CINF), Old Republic (ORI) and Travelers (TRV), which the author considers suited to long-term, dividend-focused investors. Aflac has raised its dividend for 45 consecutive years and has a forward dividend yield of about 2%, while its outstanding share count has fallen by nearly 100 million, or nearly 16%, since 2022; however, its latest dividend increase was only 5.1%. Chubb delivered 105% total returns over five years versus 83% for the S&P 500, with a forward dividend yield of 1.15% and a 33-year record of consecutive dividend growth. Cincinnati Financial has raised its dividend for 66 consecutive years, but reported underwriting losses in Q2 with a combined ratio above 100%, and 40% of its investment portfolio is in stocks.
- NuScale Power Trades Below $6 With the Only NRC-Certified Small Modular Reactor Design. Here's Why That Still Isn't Enough.
NuScale Power is the only small modular reactor provider with design approval from the U.S. Nuclear Regulatory Commission (NRC), and its components are already in commercial production, but it has not secured any binding commercial power purchase agreements for a full-scale plant. Second-quarter revenue was just $75,000 against a consensus estimate of nearly $9 million, while the net loss widened from $37.6 million to $50.1 million. The company holds almost $2 billion in cash and equivalents and has no debt, but faces a class action lawsuit alleging it misled investors about partner ENTRA1's capabilities, which NuScale denies. The author argues these headwinds outweigh the NRC approval and suggests investors wait until the legal issues are resolved and a revenue stream is secured.
- Meta Strikes 8-Year Deal to Keep Mark Zuckerberg in California as Billionaire Tax Looms: ‘Critically Important’ for Him to Remain in Leadership
Meta has agreed to keep CEO Mark Zuckerberg in California for eight years, addressing concern that a proposed billionaire wealth tax could prompt him to relocate. In exchange, he will receive non-voting Class C shares that he can sell if voters approve Proposition 40 next month, and he may immediately sell 20% of them to cover a potential tax bill while keeping voting control. Meta's special board committee said it is 'critically important' for Zuckerberg to remain in leadership amid AI-driven challenges and competition. Beginning Jan. 19, 2027, shareholders will receive one Class C share for each Class A and Class B share, a move Meta says will raise capital, compensate employees and fund acquisitions without diluting voting power; Zuckerberg and Priscilla Chan control 56.1% of voting power. World Trade Securities CEO Nicholas Mugalli saw the plan as a sign of 'more capex coming,' with 2026 capex guided at $135 billion to $145 billion, and third-quarter revenue reached $64.6 billion, above estimates of $63.37 billion.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.