
Layer 1 · rank #7 · blue chip
Solana SOL
$105.38-1.1% 1d+2.3% 7d+38.7% 30d
Watch Recovering Phoenix · monthly · score 64.8 mixed
- Monthly: forming bar is a green inside bar. Last confirmed swing low 60.11 (Jun 2026), month 3 of a cycle that has typically run 3. Cycle-low confidence 24%.
- Weekly: forming bar is a red inside bar. Last confirmed swing low 70.51 (Aug 2026), week 6 of a cycle that has typically run 5. Cycle-low confidence 44%.
- Daily: bar is a red inside bar. Last confirmed swing low 97.33 (2026-09-02), day 5 of a cycle that has typically run 5. Cycle-low confidence 37%.
- Watch: 58% below the 2025-09-18 high; +75% off the 365-day low.
- Phoenix: 80% decline over 17 months, monthly swing low confirmed (next-bar), now +75% above the trough; pullback #2 confirmed 2026-08-09.
- Gauges: Mayer multiple 1.28 (neutral); -4% vs the 200-week average; -60% from the all-time high.
From the peak to today, log scale
Where it sits in each cycle
a swing low confirms only when a later bar takes out the low bar's highMonthly
- Last bars
- 2Ur 2Dr 2Ur 3g 1g
- Confirmed low
- $60.11 · 2026-06-30
- Position
- 3 of median 3 (max 10)
- Current low
- $60.11 · confirmed
- Cycle-low odds
- 24%
- Confirmed lows
- 12
Weekly
- Last bars
- 1r 2Ug 2Ug 1g 1r
- Confirmed low
- $70.51 · 2026-08-02
- Position
- 6 of median 5 (max 18)
- Current low
- $63.94 · confirmed
- Cycle-low odds
- 44%
- Confirmed lows
- 46
Daily
- Last bars
- 2Ug 1r 1g 2Ug 1r
- Confirmed low
- $97.33 · 2026-09-02 (daily)
- Position
- 5 of median 5 (max 18)
- Current low
- $97.33 · confirmed
- Cycle-low odds
- 37% · in band
- Confirmed lows
- 338
Phoenix
stopped falling, by the rules- Peak
- $295.00 · Jan 2025
- Trough
- $60.11 · Jun 2026
- Decline
- -79.6% over 17 months
- Above trough
- +75.3%
- Monthly
- confirmed (next-bar) · trigger $82.98
- Weekly
- confirmed (late (4 bars))
- False bottom
- $126.03 · Jun 2025 (3 higher highs, then undercut)
- Entry
- pullback #2 low $70.51 confirmed 2026-08-09 · trigger $77.42
Score 64.8
| decline | 24.8 |
| confirmation | 25 |
| earliness | 0 |
| stale | 0 |
| false bottom | 10 |
| bluechip | 5 |
Fundamentals
CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx
Health64 / 100 · Sound
| Liquidity (24h volume / market cap) can you get out | 6.4 % | 15.0 / 15 |
| Supply overhang (FDV / market cap) unlocked supply waiting to sell | 1.08 x | 14.4 / 15 |
| Size (market-cap rank) survivorship | 7 # | 15 / 15 |
| Usage (price / annualized fees) fees people actually pay to use it (DefiLlama) | 230.3 x | 0 / 20 |
| TVL backing (market cap / TVL) capital parked in it (DefiLlama) | 10.43 x | 0.0 / 15 |
| Fee momentum (30d vs prior 30d) is usage growing into the recovery | 48.1 % | 9.8 / 10 |
| Age on Coinbase survived a cycle | 5.2 yrs | 10.0 / 10 |
7 of 7 measurable; score renormalized over what was measurable.
- Market cap
- $61.79B
- Fully diluted
- $66.79B
- 24h volume
- $3.96B
- Circulating
- 586,080,164
- All-time high
- $293.31 · 2025-01-19 (-64.1%)
- TVL
- $5.92B (chain)
- Fees 30d
- $22.0M
- Revenue 30d
- $2.2M
- Fees 1y
- $248.5M
- Mayer multiple
- 1.276 · neutral
- vs 200-week avg
- -4.1%
- Pi cycle
- 0.361
- On Coinbase since
- 2021-06-17 (1909 bars)
- CoinGecko id
- solana