Solana Tipped to Hit $350 by 2026 as Grok AI Declares It a Top Investment Bet

Solana (SOL) is drawing bullish attention from both analysts and Elon Musk Grok AI. While market sentiment remains uncertain, some see SOL reaching $350 by 2026

Solana (SOL), currently trading at $164.4 with a market cap of $88.5 billion, is gaining momentum despite a recent 2% decline and ongoing market volatility. A growing number of analysts, along with Elon Musk’s Grok AI, have flagged SOL as a promising investment opportunity even as the wider cryptocurrency market faces turbulence.

Crypto analyst Nadeem recently pointed out that Solana’s 200-day moving average has crossed below its 50-day MA following the latest correction — a technical sign that often precedes significant movement. His chart analysis outlines a potential trajectory where Solana surpasses the $350 mark by 2026, referencing SOL’s last three local highs, including the $294 peak in January.

Such a price jump would place Solana’s market cap near $200 billion — an ambitious target, but one backed by strong fundamentals and growing ecosystem support.

Supporting this view, Grok — Elon Musk’s AI chatbot — recently labeled SOL a “key investment” in an X post replying to Bitwise CIO Matt Hougan. Grok also identified Ethereum (ETH), Avalanche (AVAX), Uniswap (UNI), and Aave (AAVE) as high-potential assets under anticipated regulatory reform scenarios.

These optimistic projections come at a time when the crypto market is consolidating in bearish territory. The global cryptocurrency market cap stands at approximately $3.73 trillion, and 24-hour liquidations have risen by 15%, reaching $322 million. Notably, Solana alone saw $17 million in liquidations, with long positions accounting for $13.3 million — a sign of buyer-side pressure.

Data from CoinGlass further reveals that Solana’s funding rate dipped into negative territory for the fourth time in six days. If short liquidations begin to outweigh long ones, SOL could regain bullish momentum. However, market uncertainty remains a challenge, as sporadic sell-offs by both whales and retail traders continue to influence price movements.

Despite the volatility, SOL’s strong fundamentals, developer activity, and institutional attention — coupled with Grok AI’s bullish nod — place it among the top altcoins to watch in the next market cycle.

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