Analyst says Solana ownership is challenging – here are 4 key reasons

Memecoins constitute 41% of Solana’s on-chain activity, influencing revenues significantly.

SOL’s price fell sharply from its 2025 peak of 295 USD to around 150 USD.

Expectations remain low with only an 11% chance for SOL to reach 200 USD this November.

Alameda’s offloading of 193,000 SOL to repay FTX victims further pressures the market.