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
62.15127.60261.992024-122025-102026-09peak 295.00low 60.11 (80%)false bottommonthly trigger 82.98

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 1

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 1

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 1

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
decline24.8
confirmation25
earliness0
stale0
false bottom10
bluechip5

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 x14.4 / 15
Size (market-cap rank)
survivorship
7 #15 / 15
Usage (price / annualized fees)
fees people actually pay to use it (DefiLlama)
230.3 x0 / 20
TVL backing (market cap / TVL)
capital parked in it (DefiLlama)
10.43 x0.0 / 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 yrs10.0 / 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