At the same time, Solana’s market capitalization remains near $42.8 billion, showing that the network’s valuation has contracted sharply alongside the token’s price. Solana Returns to a Major Long-Term Support Zonelong-term price chart captures the full scale of its latest cycle, from a deep bear-market low to a record-setting rally and the steep retracement that followed. Solana Market Cap Struggles Near $42.8 BillionThe second chart tracks Solana’s market capitalization rather than SOL’s token price. Taken together, the two charts show SOL trading near an important price floor while Solana’s total market value remains under pressure. The outlook would improve only if price support holds and the market-cap chart begins reversing its prolonged sequence of weak monthly performance.