Solana Faces Lawsuit Risk but Maintains Growth Potential for 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3d ago
0mins
Source: Fool
- Market Performance Review: Solana has lost 37% of its value over the past 12 months, primarily due to fluctuations in the crypto market rather than negative catalysts specific to the coin, highlighting the fragility of market sentiment.
- Asset Trading Growth: Currently, $872 million in tokenized assets are traded on Solana, reflecting a 9.5% increase from 30 days ago, indicating its growing appeal in the tokenized asset space and potentially laying the groundwork for future capital inflows.
- ETF Approval Boost: The anticipated approval of Solana spot ETFs by late 2025 is expected to provide exposure to investors without crypto wallets, with initial inflows of just $9.7 million, but could gradually enhance Solana's price over time.
- Legal Risk Warning: Key executives from Solana Labs and the Solana Foundation are named in a class action lawsuit alleging that their supported project Pump.fun exploited retail investors during new meme coin launches, posing a significant risk that could adversely affect Solana and its ecosystem if the lawsuit results are unfavorable.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
