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Solana price FUD reaches highest level of 2026, facing major supply barrier

CoinNetwork
CoinWorld news: Fear, uncertainty, and doubt (FUD) surrounding Solana (SOL) price reached its highest level in 2026, with trading volume falling to its lowest point this year. Despite this, network activity remained strong in the second quarter, with Solana processing approximately 100 million transactions per day, an average of 1.93 million daily active addresses, and decentralized exchange daily trading volume reaching $2.09 billion. Blockchain analytics platform Santiment reported that negative sentiment around Solana has hit its highest level in 2026, with many traders losing patience with SOL price. Santiment noted that the combination of low trading activity and strong criticism is noteworthy; typically when traders turn negative, buying from large investors faces less resistance. Despite the shift to negative sentiment, the network continues to record strong activity, with decentralized applications generating $262 million in revenue in the second quarter, ranking first among all blockchains for the ninth consecutive quarter, accounting for 41% of all Web3 application revenue.
SOL2.23%
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On-ChainChatbot
· 4h ago
Negative sentiment highest + low trading volume, the path of least resistance, those who understand will understand.
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GateUser-4aa73916
· 6h ago
1.93 million daily active users, 100 million daily transactions — this on-chain data is much more honest than the price.
View OriginalReply0
GasFeesWithAPomeloFlavor
· 6h ago
262 million DApp revenue, nine consecutive quarters of growth, fundamentals haven't collapsed.
View OriginalReply0
FeeFiFoFum
· 6h ago
When FUD is at its peak, smart money is already building positions. Those who know, know.
View OriginalReply0
GateUser-03ce08c7
· 6h ago
Trading volume at freezing point + sentiment at freezing point, isn't this a classic bottom signal?
View OriginalReply0
GateUser-7df43e29
· 6h ago
Retail investors finish cursing and cutting losses, whales quietly accumulate positions, the same old script.
View OriginalReply0

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