Solana (SOL) could rally to $1,000 after bottoming at $67, according to analyst CryptoPatel, who accurately predicted the drop to the $50–$70 range. SOL has since rebounded to $83, showing signs of stabilization. At Consensus Hong Kong 2026, the Solana Foundation announced a shift towards institutional-grade DeFi and stablecoins, moving away from retail meme coins. CryptoPatel's analysis highlights a potential 1,917% rally, supported by technical structures and Fibonacci extensions. Despite a 66% decline from its January 2025 high, Solana's ecosystem developments and institutional interest suggest a bullish outlook. Analysts predict SOL could reach $250 by year-end, contingent on breaking the $120 resistance level.