What To Expect From Solana Price In February 2026?

Solana has spent the past several months in a clear macro downtrend, weighed down by broader market weakness and declining risk appetite. The altcoin has struggled to regain sustained momentum since early September. However, the coming month may mark a turning point as both institutional and retail participants increasingly align toward a bullish outcome for the Solana price in February. Solana Institutions Are Bullish Institutional demand for Solana has remained resilient despite recent price weakness. From the start of January through January 23, Solana recorded inflows totaling $92.9 million. This made SOL the second-highest recipient of institutional capital after Bitcoin during that period. Such positioning highlights growing confidence among large investors. The trend strengthened further on a weekly basis. For the week ending January 23, Solana emerged as the only major altcoin to register net inflows. Other top assets posted outflows. This divergence highlights the relative strength of Solana’s institutional narrative and suggests sustained support heading into February. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Solana Institutional Flows. Source: CoinShares The Conviction Of Recovery Is Strong Among SOL Holders Retail and long-term investors are also signaling patience. HODL Waves data shows a notable increase in the 3-month to 6-month holding cohort. Within just 48 hours, this group’s share of Solana supply rose from 21% to 24%. This cohort largely consists of investors who entered positions around October 2025. Many of these holders are currently underwater. Despite this, they have chosen to hold rather than sell into losses. Such behavior often reflects expectations of recovery. The unwillingness to distribute supplies during drawdowns reduces selling pressure and supports price stabilization. Solana HODL Waves. Source: Glassnode Momentum indicators are beginning to align with this improving ...