Fear Surrounding Solana Reaches Peak in 2026, According to Santiment

• Solana generates strong expectations around tokenized stocks, but the price does not follow suit.
• According to Santiment, the highly negative sentiment could signal a price rebound soon.

Fear, uncertainty, and doubt (FUD) surrounding the cryptocurrency Solana (SOL) are currently at their highest level so far in 2026, according to data analyzed by the company Santiment and reported yesterday, July 9, 2026.

The data reveals that Solana is receiving a harsh combination of sentiment: trading volume has fallen to its lowest level of 2026, while negative comments [on social media] have just surged to the highest day of the year, Santiment detailed.

Despite the widespread disinterest from retail investors, the analytics platform noted that this emotional capitulation scenario often acts as a technical precursor to an upcoming price rebound.

Metrics evaluating the behavior of the cryptocurrency between February and July 2026 show a steady decline in transaction volume. This means that small investors have reduced their trading due to disinterest, while the volume of complaints on platforms like X and Reddit reached a negativity score of 14.05. This is the highest peak recorded since November 2025, as seen in the chart.

The accumulation of frustration coincides with the impact of the cryptocurrency market's bearish cycle, popularly known as the crypto winter. During 2026, SOL's price fell by 36%, retreating from an annual high of $86 to the current $79.

A large part of the frustration is that SOL has had strong narratives around tokenized stocks and real-world asset (RWA) activity, but the price has yet to reward traders in a significant way, explained the analytics firm regarding the lack of correlation between expectations for RWAs and market pricing.

As reported today, July 10, by the RWA Foundation, tokenized stocks just recorded a monthly volume record of $3.4 billion last June, representing a 279% month-over-month growth and a 1,400% year-over-year increase. Within this achievement, the Solana network consolidated its sector dominance, as it now represents over 90% of all volume traded in these tokenized traditional financial assets.

As part of this growth, the Solana network reached its highest level of activity on June 29. The average number of active addresses, representing users transacting on the network, reached 4.51 million between June 25 and June 28.

This surge directly coincides with the boom of tokenized stocks on Solana, confirming the strong technical adoption of the network despite the negative market sentiment, as reported by CriptoNoticias.

Santiment's perspective is based on the contrarian psychology of the market, which holds that financial lows occur when negativity is extreme. As short-term speculators reduce, the pressure for mass selling decreases.

When sentiment is excessively negative and trading activity is scarce, there is often less retail resistance in the way if large investors decide to push the price upward, the company added. According to their forecast, with no rebound expected, the asset enters a low attention and high FUD zone where sharp movements can happen quickly.

Technical analysts Michaël van de Poppe and a specialist identifying himself under the pseudonym Ansem support the projection of a bullish reversal for SOL.

Van de Poppe stated that Solana has broken the bearish trend against Bitcoin after a year, as shown in the chart, so he expects it to continue seeing strength and that it is only a matter of time before SOL recovers the $100 levels.

For his part, Ansem projected that the cryptocurrency will reach $150 within two months, under the premise that SOL's price is compressed below key technical resistances.

In contrast to the projections of a rapid rise to $150, the analyst identifying himself as Daan Crypto Trades has a moderate stance and restricts it subject to confirmation of supports.

His analysis determined that SOL is retesting, meaning it is checking the solidity of the floor of its current fluctuation channel. According to his data, the asset must maintain this minimum level to avoid greater losses. Only if this support is defended by buyers will a measurable technical target set at $98 be established, invalidating scenarios of short-term increases, he stated.