Will Solana dip to $60 by December 31, 2026?

As of September 1, 2026, Polymarket prices “Will Solana dip to $60 by December 31, 2026?” at 14% YES with $220K traded. No tracked wallet holds a position on this market, so there is no verdict.

Prediction markets put the probability at 19%: Will Solana dip to $60 by December 31, 2026. Currently, markets see this as unlikely (19% YES). Solana failed to establish support at $76.5 and higher levels and the resulting breakdown caused a decline o $75.7 where it finds short-term support.

What’s Happening

Solana (SOL) is trading near $106 as of late August 2026, having staged a sharp recovery from its June low of approximately $60.66. The asset climbed back above the psychologically important $100 support level after a 45% monthly gain, with the next major resistance zone identified at $115. On-chain data shows that the recent breakout has pushed momentum indicators higher, though the sustainability of this move remains uncertain as SOL tests this critical supply area. Market-implied probabilities from derivatives pricing indicate a 16.75% chance of a dip to $60 by December 31, 2026, while the probability of reaching $120 stands at 74.5% and $140 at 47.5% [Financefeeds, Aug 28].

The solana dip to $60 scenario gained traction in early June when institutional selling pressure pushed the altcoin to a low of $61 before a slight recovery. At that time, analysts identified $60 as a key battleground level, with the asset failing to establish support at $76.5 and breaking down to find short-term support near $75.7. The bearish case for a solana dip to $60 is built on the failure of the July-August base formation, which ran from $71.89 to $85 between July 8 and August 19. A failed breakout from this range could trigger a retest of lower support levels, with the practical bear target calculated at $68 rather than the more extreme $51 scenario [Bitget, Jun 06].

Looking ahead to the rest of 2026, price projections for Solana vary widely depending on market conditions. The base case scenario suggests a minimum value of $83.93 with an average price of $115.48, while the maximum potential is estimated at $179.36 during the year. The key technical levels to monitor are the $100 support and the $115 resistance zone, with a sustained break above the latter potentially opening the path toward $140. Conversely, a loss of the $100 level would likely accelerate selling pressure and increase the probability of testing the $80 to $90 range, where market-implied probabilities currently sit at 36.5% and 60.5% respectively. The broader crypto market context, including Bitcoin's position above $80,000, will remain a critical factor in determining whether SOL can maintain its current trajectory or succumb to renewed bearish pressure [Cryptopolitan, Aug 13].

Traded on Polymarket — $220K Volume