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SuperShark Cycle · Coin analysis · 12 min read

Solana (SOL) in the SuperShark Cycle: why it qualifies as a Tier 1 layer 1 — and where the plan stands today

By TradingPrimer · @TradingPrimer · Published

Solana is the coin students ask about most, so this is the first coin we take through the whole course checklist. I opened the SOL page in the Portfolio app, checked each of the eight criteria against live data and official sources, and then read where the price sits against the buy zone. The short version: Solana passes, the plan already bought six of its ten lots this year, and the job right now is to do nothing.

Group: Tier 1 layer 1Criteria: 7 meet · 1 partlyPlan: 6 of 10 lots filled
Quick answer. Solana meets the SuperShark Cycle criteria as a Tier 1 layer 1: it is the #1 chain by DEX volume ($76B in 30 days), #2 by money on the chain ($6.6B TVL), stakes at about 4.9–5.7% a year with unstaking in about two days, raised $314.15M from a16z and Polychain, and is worth only 22% of Ethereum. Its buy zone is −70% → −85% from the $295.73 cycle high, i.e. $88.72 → $44.36. The low so far, $60.11 (−79.7%), filled 6 of the 10 lots at an average of $75.46. At $118 on 7 Oct 2026 SOL is back in “ignore the market”.
SuperShark Cycle infographic titled Solana in the SuperShark Cycle, with the line 6 of 10 lots bought – now ignore the market. Three horizontal bands on a percentage scale from +60% to −85%: a red Sell zone at the top with ten equal sell tags and the text 10 equal sell orders, $300 → $481; a dashed line at 0% labelled Cycle high $295.73; a cream band labelled Ignore the market, Price now $118 (−60%), with a dot at −60% marked now $118; and a green Buy zone from −70% to −85% with ten equal coin stacks stepping down evenly, the first six solid teal (bought) and the last four empty outlines, beside a red line labelled Bottom so far $60.11.
Solana’s plan in one picture: ten equal lots between −70% and −85%, six already bought down to the $60.11 low, the price now back in the “ignore the market” band, and ten sell orders waiting above the old high. Illustration; every number is measured below.

KEY TAKEAWAYS

  • Solana is a sector leader with real demand. In the last 30 days it carried $76B of DEX trading — more than Ethereum ($43.6B) and BNB Chain ($32.8B) — and users paid $27.5M in chain fees.
  • It is in the earliest buy group. Tier 1 layer 1s pay staking while you wait and unstake in days, so the course buys them from −70%, earlier than any other group.
  • The plan has already worked this cycle. Six lots filled between $88.72 and $64.07; at $118 they are worth about 1.56× what they cost.
  • The weak spot is the money flow. TVL is back to $6.6B from a $4.45B low, but still half of its $13.24B peak. That is the one criterion we mark “partly”.
The course in one line“Buy when the sharks buy, sell when they sell.”

On Solana the sharks showed their hand twice in this cycle: they sold from January 2025 all the way to June 2026, and they came back hard in August, when SOL traded from $74.6 to $102.7 inside a single week. In the SuperShark Cycle we don’t try to read those moves. We decide in advance where we buy, and let the price come to us.

1Which SuperShark group does Solana belong to?

The course sorts every coin into one of four groups before anything else, because the group decides how deep we wait. Solana is in the first one, together with Bitcoin, Ethereum and BNB.

SuperShark Cycle groups as coded in the TradingPrimer Portfolio (course rules, 26 Sep 2026).
GroupCoinsBuy zone from the cycle high
Tier 1 layer 1BTC, ETH, SOL, BNB (SUI: −75% → −95%)−70% → −85%
Layer 1, second tierAVAX, NEAR, APT−85% → −95%
Leaders that are not layer 1sLINK, PYTH, HYPE, AAVE, ONDO, JUP…−85% → −97%
Not a top 1–2 of its sectoreverything elseNot recommended

Why does Solana get the earliest zone? Two reasons we explain in detail in why top layer 1s come first: you can stake it for income while the cycle takes its time, and you can unstake and sell it in days when you need the money. A coin that pays you to wait does not need to fall as far before it is worth buying.

Inside the zone the course always uses 10 equal lots, evenly spaced, so the last dollar is spent exactly at −85%. For Solana’s current cycle high of $295.73 that gives these ten prices:

Solana’s 10 lots from the $295.73 cycle high (Bybit weekly, 13 Jan 2025). ✓ = price traded at or below the level. Low so far $60.11 on 6 Jun 2026.
Lot12345678910
From high−70%−71.7%−73.3%−75%−76.7%−78.3%−80%−81.7%−83.3%−85%
Price$88.72$83.79$78.86$73.93$69.00$64.07$59.15$54.22$49.29$44.36
Bought?✓✓✓✓✓✓————

2Does Solana pass the 8 SuperShark criteria?

For a layer 1 the course reads demand in a fixed order: money on the chain (TVL) first, then DEX volume to prove that money is really used, then the wallet and the technology. A fail on TVL, DEX volume or staking means no investment, however good the story. Here is each criterion with the number I checked.

Verdicts by TradingPrimer, 7 Oct 2026. Data: DefiLlama (TVL, DEX volume, fees, staking yields), CoinGecko (market cap), solana.com (funding, staking rules).
#CriterionSolana, 7 Oct 2026Verdict
1Real demand$27.5M chain fees in 30 days; $451M fees paid across apps on SolanaMeets
2#1–2 of its sector#1 DEX volume ($76.1B / 30 days), #2 TVL ($6.6B)Meets
3Staking, easy unstake4.9–5.7% liquid staking; native unstake ≈ one epoch (~2 days)Meets
4$200M+ from top funds$314.15M token sale led by a16z and Polychain (June 2021)Meets
5Clear edge~0.8¢ average chain fee per transaction; 250 ms slots targetedMeets
6Known teamSolana Labs (co-founder Anatoly Yakovenko); a second client, Firedancer, by JumpMeets
7Low market cap vs rival$69.6B = 22% of Ethereum’s $318.3BMeets
8Money flowing inDEX volume +11% vs previous 30 days; TVL +48% from the June low but −50% from peakPartly

1. Real demand — Meets

People pay to use Solana. DefiLlama counts $27.5M of fees paid to the chain itself in the last 30 days, against $17.2M on Ethereum, and $451M of fees paid to the apps running on it (Ethereum: $347M). Over the last year that is $239M in chain fees. A coin held only for speculation has no such line; Solana’s users pay every day whether the price goes up or down.

2. Leader of its sector — Meets

Among smart-contract chains Solana is #1 by DEX volume — $76.1B in 30 days, ahead of Ethereum ($43.6B), BNB Chain ($32.8B) and Base ($30.0B) — and #2 by TVL at $6.6B, far behind Ethereum’s $54.0B but ahead of Base ($6.4B) and BNB Chain ($5.75B). The course rule is “#1–2 of its sector”; Solana is in that pair on both measures.

3. Staking you can leave — Meets

Solana’s official staking FAQ says stake changes finish at the start of a new epoch and “an epoch is approximately 2 days long”. The largest liquid-staking pools pay 4.86% (JitoSOL), 5.42% (JupSOL) and 5.72% (mSOL) a year on DefiLlama today. For the course this is a key criterion: income while you wait, and an exit measured in days.

4. Funding — Meets

Solana Labs completed a $314,159,265 private token sale on 9 June 2021, led by Andreessen Horowitz and Polychain Capital, with Multicoin, Jump Trading and others (Solana press release). That is well above the course’s $200M bar.

5. A clear edge — Meets

Cheap and fast is still Solana’s edge. Dividing 30 days of chain fees ($27.5M) by the 3.5 billion monthly transactions shown on solana.com gives an average of about 0.8 cents per transaction, priority tips included. The network is now working towards 250 ms slots. For a new user that means swaps that confirm before you look away, for less than a cent.

6. Team — Meets

Solana Labs was co-founded by Anatoly Yakovenko, its CEO when the 2021 round closed, and the chain now has a second, independent validator client (Firedancer) built by Jump’s engineers. Two teams that can keep the network running is worth more to a long-term holder than any single name.

7. Room to grow — Meets

Solana’s market cap is $69.6B, 22% of Ethereum’s $318.3B (CoinGecko, 7 Oct 2026), while it already beats Ethereum on DEX volume and chain fees. The course looks for exactly this gap: a leader still priced like a challenger.

8. Money flowing in — Partly

Short term, yes: DEX volume was 11% higher than in the previous 30 days, and TVL is up 48% from its $4.45B low on 11 June 2026. Long term, not yet: TVL is still half of its $13.24B peak (14 Sep 2025). I mark this “partly” — the money came back, but not all of it.

Screenshot of the Solana criteria card in the TradingPrimer Portfolio app: Meets the course criteria, 11 pass, 0 to review, 0 fail. Box 1 marks TVL — money on the chain, live TVL $6.6B. Box 2 marks DEX volume confirms the TVL, live DEX volume $77.0B in 30 days, 11.6 times the TVL. Box 3 marks Money flowing in, DEX volume +12.3% versus the previous 30 days.
Screenshot: the SOL criteria card in the Portfolio app, captured 7 Oct 2026. ① TVL $6.6B. ② DEX volume $77.0B in 30 days, 11.6× the TVL — the money on the chain is really used. ③ DEX volume +12.3% vs the previous 30 days. The app reads DefiLlama live, so its numbers move a little during the day; the table above uses the DefiLlama API a few minutes later.

3How does Solana compare with its main rivals?

The course always asks the same question: is this coin cheap compared with the chain it competes with? Here are the four smart-contract chains students ask about most, side by side.

Market cap: CoinGecko. TVL, DEX volume (30 days) and chain fees (30 days): DefiLlama. All read 7 Oct 2026.
ChainMarket capTVLDEX volume, 30 daysChain fees, 30 daysDEX volume ÷ market cap
Solana (SOL)$69.6B$6.6B$76.1B$27.5M1.09×
Ethereum (ETH)$318.3B$54.0B$43.6B$17.2M0.14×
BNB Chain (BNB)$102.0B$5.75B$32.8B$21.5M0.32×
Sui (SUI)$4.7B$0.54B$1.5B$0.2M0.33×

The last column is the one I watch. For every dollar of Solana’s market cap, $1.09 of trading went through its DEXs in a month. Ethereum carries far more money (8× the TVL) but turns it over much less. Solana’s weakness is the opposite: less money sits on the chain, and what sits there moves fast. That is why the TVL line in criterion 8 matters — a trading chain must keep money parked on it to prove the demand is not only short-term.

Where Solana leads

DEX volume (#1), chain fees ($27.5M vs $17.2M on Ethereum), cost per transaction (under a cent), and value for its size: 1.09× its market cap traded in 30 days.

The “real demand” and “room to grow” criteria are clear passes.

Where it trails

Ethereum holds 8× more TVL and most tokenised assets. Solana’s TVL halved from its 2025 peak, and its volume depends on trading activity, which falls when the market is quiet.

This is why we mark money flow “partly” and keep watching it.

4How far is today’s price from the buy zone?

I opened SOL/USDT on the weekly chart, drew the cycle high and the course zone, and marked the low. This is what it looks like.

Screenshot of the TradingPrimer live chart, SOL/USDT weekly, June 2024 to October 2026: circle 1 marks the cycle high at 295.7 in January 2025 with a horizontal ray; a shaded box shows the Tier 1 buy zone from 88.72 (−70%) down to 44.36 (−85%) starting February 2026; circle 2 marks the low at 60.11 in June 2026; a red note reads 6 of 10 lots filled. The latest candles are back above 100, near 118.
Screenshot: SOL/USDT 1W on the TradingPrimer live chart, captured 7 Oct 2026. ① Cycle high $295.73 (week of 13 Jan 2025). The box is the Tier 1 zone, $88.72 (−70%) to $44.36 (−85%), first reached in the week of 2 Feb 2026. ② Low so far $60.11 (6 Jun 2026), between lot 6 ($64.07) and lot 7 ($59.15). Open this chart on the live chart.
−79.7%Deepest fall from the cycle high so far ($60.11, 6 Jun 2026) — inside the −70% → −85% zone.
−60.1%Where SOL is today ($118.09, 7 Oct 2026): back above the zone, in “ignore the market”.

Two readings matter. First, the cycle high is confirmed: SOL has been below $295.73 for 90 weeks, far more than the course’s six months. Second, the price would have to fall another 24.9% to reach the first lot again at $88.72. Until then there is nothing to buy.

The app shows the same numbers on the coin page, which is how I check it on my phone:

Phone screenshot of the Solana page in the TradingPrimer Portfolio app: Cycle high $295.73, 2025-01-13, 90 weeks ago; box 1 marks Bottom so far $60.11, −79.7%, 2026-06-06; box 2 marks Buy zone $44.36 – $88.72, −70% to −85%; Target zone $300.55 – $480.88, 5× to 8× the bottom.
Screenshot (mobile): Solana in the Portfolio app, 7 Oct 2026. ① The bottom so far, $60.11 (−79.7%). ② The buy zone, $44.36 – $88.72. The target zone, $300.55 – $480.88, is 5× to 8× that bottom.

5What does the SuperShark plan do with Solana right now?

Let me run the course rules on a simple example: $10,000 set aside for Solana, so $1,000 per lot. Nothing here needs a chart — only the levels the plan wrote down before the fall.

Solana · $10,000 plan · 10 lots of $1,000 from $88.72 to $44.36
  1. Lots filled down to the $60.11 low6 of 10
  2. Money spent · SOL bought$6,000 · 79.51 SOL
  3. Average cost (6 lots)$75.46
Paid$6,000$4,000 still in USDT
Worth at $118.09$9,389+56.5% · 7 Oct 2026

Four lots never filled — that money waits in USDT for the next deep fall.

From here the plan has four rules to apply, in this order:

  1. Ignore the market

    Between the first buy ($88.72) and the first sell target ($300.55) there is nothing to do. The app writes this on the coin page: “nothing to do, let it move.”

  2. Lower the cost on a rebound

    More than half the money is in (60%) with six lots, so the rebound rule is live: once SOL trades 5% above the most expensive lot ($88.72 × 1.05 = $93.15, passed in the week of 17 Aug 2026), that lot’s 11.27 SOL are sold for about $1,050 and bought back 30% lower, at $65.21 — 16.10 SOL for the same money, if the price comes back.

  3. Take the capital back at 2×

    At twice the average cost — about $150.92, 27.8% above today — the $6,000 invested is taken off the table. Whatever is left rides for free.

  4. Sell in 10 equal orders

    Large caps sell from 5× to 8× the bottom: $300.55, $320.59 … $480.88, one order every $20.04. If the next top stops at $400, five of the ten orders have already filled.

And above all four sits the Bitcoin trend rule: if Bitcoin’s RSI on the 1W, 2W and 3W charts falls below both of its averages together, the course sells altcoins — Solana included — and waits in USDT. On 7 Oct 2026 the BTC trend tab reads 1W up, 2W, 3W and 1M still down but losing steam, and SOL’s own weekly trend is up. The exit rule is not triggered.

6What could go wrong with Solana in this plan?

The honest answer is in Solana’s own history. In the last cycle it fell −96.9%, from $259.85 (Nov 2021) to $7.96 (Dec 2022), straight through the −85% floor after the FTX collapse. All ten lots were spent by $38.98 and the price kept falling for weeks. We measured that cycle in 7 lessons from the last crash:

2021–2022: the floor broke

Solana fell 11.9 points below its zone. Every lot was bought before the real low, and anyone who sold in panic locked in a loss of up to 86% on the plan.

Lots protect your timing, not a coin that dies.

2022–2025: the users stayed

Solana kept its developers and its users, and the next high reached $295.88. The $55.72 average of the ten lots became 5.3× — staked, about 6.1×.

The criteria are what make the wait worth it.

So the risk list for this cycle is short and specific:

  • A deeper low. Four lots ($59.15 → $44.36) are still open. If SOL falls below −85% again, the plan has no money left after $44.36 — that is the rule, not a mistake.
  • Demand moving away. If DEX volume and TVL stopped being #1–2 among smart-contract chains, criterion 2 would fail and Solana would leave the list. That is why I re-check the criteria card before every new lot.
  • Staking risk. Native staking has an exit of about two days; liquid-staking tokens add a protocol that can fail. Keep the staked share in the coin’s plan, not on top of it.

What the SuperShark Cycle does with SOL

Verdict

Tier 1 layer 1 — meets the SuperShark Cycle. 7 of 8 criteria meet; money flow is partly there.

Buy zone

$88.72 → $44.36 (−70% → −85%), 10 equal lots. Six filled this cycle; the next lot is $59.15.

Now

Ignore the market. Stake while you hold, rebuy only at $65.21 or lower, take capital back near $151, sell from $300.55.

If I had to sum up Solana for a student in one sentence: it is the chain where people actually trade, priced at a fifth of the chain they trade less on — and in this cycle the course already bought it where it said it would. The work now is patience.

Common mistakes when buying Solana with the SuperShark Cycle

  1. Buying at −60% “because it already fell a lot”.The zone starts at −70% ($88.72). Today’s −60% is not a buy level, however red the chart looks.
  2. Spending the last four lots early.$59.15, $54.22, $49.29 and $44.36 are written down for a reason: in 2022 the low went 12 points below the zone.
  3. Using the wrong zone.SOL is Tier 1 (−70% → −85%). Second-tier chains such as AVAX wait for −85% → −95%; do not copy Solana’s levels to them.
  4. Staking without checking the exit.Native unstaking takes about one epoch (~2 days). Locked or exotic staking can stop you from selling at your plan’s level.
  5. Waiting for the trend to turn down before selling.The trend is slow. Sell orders from $300.55 are placed in advance; the Bitcoin rule is only the safety exit.

Frequently asked questions

Is Solana a good long-term investment in the SuperShark Cycle?

By the course criteria Solana qualifies as a Tier 1 layer 1: it leads all chains in DEX volume, ranks #2 in TVL, can be staked with an exit of about two days, raised $314.15M from top funds and is worth only 22% of Ethereum. That makes it eligible — the course still buys it only inside its zone, from −70% to −85% below the cycle high.

What is Solana’s buy zone in the SuperShark Cycle?

From the $295.73 cycle high of January 2025, the zone runs from $88.72 (−70%) to $44.36 (−85%), split into 10 equal lots. The low so far, $60.11 on 6 Jun 2026, filled six of them.

Should I buy SOL at $118?

The method does not: $118 is −60% from the high, above the zone, so it is “ignore the market”. The plan buys again only at its own levels — the rebound rule’s $65.21 or the next lot at $59.15 — and sells from $300.55. This is education, not advice.

How much can I earn staking SOL while I wait?

The largest liquid-staking pools pay about 4.9% to 5.7% a year on DefiLlama (7 Oct 2026). In the last cycle staking added about 15% more SOL between the first lot and the next high. Rates change and staking has its own risks.

Follow Solana’s plan in the app

The SOL page shows the cycle high, the bottom so far, your 10 lots, the lower-cost sell and the 10 sell targets — and updates the criteria card from live data.

Related reading: why top layer 1s come first · 7 lessons from the last crash · why high-valuation launches fall 90%+ · Solana coin profile · Shark Notes.

Sources: cycle high, low and price from the TradingPrimer cycle-market API (Bybit, OKX, KuCoin) and weekly candles via the TradingPrimer cycle API, 7 Oct 2026. TVL, DEX volume, chain and app fees and staking yields (JitoSOL, JupSOL, mSOL) from DefiLlama; market caps from CoinGecko; both 7 Oct 2026. Funding: Solana press release, 9 Jun 2021. Staking epochs: Solana staking FAQ. Monthly transactions and slot target: solana.com. Second client: Firedancer by Jump. Zones, lots and criteria: SuperShark course rules as coded in the TradingPrimer Portfolio (26 Sep 2026).

Education, not financial advice. Prices, yields and on-chain data change every day, past cycles do not guarantee future results, and nothing in this article is a recommendation to buy SOL.