Solana Price Prediction: Can SOL Rebound With Memecoin Hype?

Solana traded at about $89.54 on March 25, 2026, with roughly $5.26 billion in 24-hour volume, as traders weighed whether the chain’s memecoin slump has run its course or whether a broader rebound can still form. CoinGecko and DefiLlama data show a split picture: price remains well below prior highs, but Solana still leads major chains in decentralized trading activity and retains multi-billion-dollar on-chain liquidity. That tension is the core story for SOL right now.

$89 SOL Price Leaves It Far Below Prior Peaks but Still in the Top Tier

For traders asking whether SOL is “done,” the first fact is simple: Solana remains one of the largest crypto assets by market value. CoinGecko places SOL near a $51.1 billion market cap, while CoinMarketCap shows a similar top-tier ranking, though its quoted price snapshot is higher at $147.54 from an older crawl, underscoring why fresh timestamps matter in fast markets. The more current CoinGecko reading is the safer benchmark for March 25, 2026.

That price level also carries context. SOL is well below the euphoric stretch that followed the memecoin boom and the January 2025 surge in on-chain speculation, when Solana’s ecosystem saw sharp jumps in total value locked and trading volume. Yet the token has not fallen into irrelevance. A roughly $5 billion daily spot volume still places it among the most actively traded crypto assets, which matters because deep liquidity often keeps institutional and derivatives interest alive even after retail mania cools.

Why Memecoin Cooling Hit SOL Harder Than Some Rivals

Solana’s 2024 and early 2025 outperformance was tightly linked to memecoin trading. That is not speculation; it is visible in the chain’s volume mix and in reporting from The Block and CoinDesk. CoinDesk reported in January 2025 that Solana TVL crossed $10 billion for the first time since the FTX collapse after the launch of the TRUMP memecoin, with DefiLlama data showing TVL around $12 billion at that point. The Block separately documented how memecoin activity helped push Solana’s monthly DEX volume above $100 billion for the first time.

When that trade cooled, the reversal was sharp. The Block reported in February 2026 that Standard Chartered cut its end-2026 Solana target to $250 and explicitly described a shift in Solana DEX flow from memecoin pairs toward SOL-stablecoin trading. That matters because memecoin speculation tends to generate outsized fees, token launches, and retail wallet growth. Stablecoin and payment-style usage can be healthier over time, but it usually produces a different revenue profile and less explosive price action.

1.823B DEX Volume Shows Solana Is Still Busy

The strongest argument against the “SOL is done” thesis is on-chain activity. DefiLlama’s Solana page showed about $1.823 billion in DEX volume and 46.53% share in the referenced snapshot, while its chain dashboard listed $24.936 billion in bridged TVL and $9.25 million in 24-hour stablecoin inflows metrics on the same family of pages. Even allowing for dashboard timing differences, those are not dead-chain numbers.

Activity also remains broad enough to support the ecosystem’s core apps. Wallet provider Phantom’s acquisition of Solana memecoin trading platform Solsniper in 2025 showed that infrastructure firms still saw value in Solana-native trading behavior, even after the first wave of memecoin excess. In parallel, DefiLlama’s fee data suggests applications on Solana continue to monetize user demand more effectively than base-layer fees alone would imply.

Can Memecoin Season Return to Solana?

It can, but the evidence suggests any return would need a fresh catalyst rather than simple nostalgia. Solana still has the ingredients that powered prior meme cycles: low fees, fast execution, deep retail familiarity, and a proven launch culture. The chain also retains enough liquidity to absorb bursts of speculative demand faster than many competitors.

Still, the market is different in March 2026. Standard Chartered’s framing of a post-memecoin transition matters because it points to a maturing user base. If the next wave of crypto speculation centers on AI tokens, social trading, or stablecoin payments rather than classic meme launches, Solana can still benefit, but the price response may be less vertical than in late 2024 and early 2025.

March 2026 Network Data Leaves 3 Paths for SOL

One path is stabilization: SOL holds near current levels while on-chain usage stays firm and stablecoin-led activity replaces meme churn. A second path is renewed speculation, where a new launchpad cycle or headline token brings retail traders back to Solana and lifts both fees and price. The third is stagnation, where activity remains decent but no narrative is strong enough to re-rate the token.

For now, the weight of evidence favors the middle ground between collapse and mania. Solana is no longer trading on pure memecoin euphoria, but it still has enough liquidity, app revenue, and DEX relevance to remain a major market asset. That does not guarantee a rebound. It does mean the “done” label is not supported by the available data.