Solana’s price has seen a pullback this week, but long-term optimism continues to grow among analysts and institutional investors. According to Bitwise Chief Investment Officer Matt Hougan, Solana offers investors “two ways to win,” similar to Bitcoin’s early growth narrative. Hougan explained that Solana’s position in the expanding stablecoin and tokenization infrastructure market creates strong upside potential, especially as institutional use cases deepen. Solana’s Growth Parallels Bitcoin’s Early Market Thesis Hougan compared Solana’s investment case to Bitcoin’s early trajectory within the global “store of value” market. Today, that market is worth roughly $27.5 trillion, comprising about $25 trillion from gold and $2.5 trillion from Bitcoin. He noted that Bitcoin could multiply its value simply by maintaining or increasing its share within this growing space. If the global store of value market doubles to $55 trillion while Bitcoin keeps its 9% share, its price could double. Furthermore, should Bitcoin eventually capture 50% of the market, each coin could reach about $6.5 million. Similarly, Hougan views Solana as positioned to benefit from both overall market expansion and growing dominance. The stablecoin and tokenization infrastructure sector, valued at around $768 billion, includes leaders like Ethereum, Tron, Binance Smart Chain, and Solana. Solana currently holds about 14% of this market, valued at $107 billion. Expanding Stablecoin and Tokenization Market Hougan emphasized that nearly all future payments and asset transfers could occur through stablecoins and tokenized assets. Hence, networks supporting these systems will hold immense value. The growing use of stablecoins for global transactions supports this prediction. Recently, Western Union selected Solana as the blockchain for its planned stablecoin rollout an important milestone for institutional trust in Solana’s ecosystem. Additionally, Solana’s efficiency and fast transaction capabilities make it appealing for tokenized asset issuance and payment infrastructure. Hougan expects the total market to grow tenfold over the next decade, strengthening Solana’s position. Analysts See Hidden Bullish Divergence on SOL Despite the current correction, Solana trades at $181.48 , down 5.48% in 24 hours, with a $100 billion market cap and $8.77 billion daily volume. Analyst Matthew Dixon observed a hidden bullish divergence on the 4-hour chart, suggesting an underlying strength in price momentum. Source: X Dixon noted that as long as Solana maintains the $182–$185 support zone, buyers may target $200 and $220 next. A confirmed breakout above $230 could propel price action toward $255, aligning with a projected wave 5 impulse pattern.
