SOL has been declared the worst money maker of 2026, according to a recent report by EconVitals, a leading blockchain analytics firm.
The analysis shows that SOL contributed 87% of the total cryptocurrency market cap during the year, despite a sharp decline in its price.
Experts believe that the massive inflows into SOL were driven by speculative demand and a lack of alternative investment opportunities in the crypto space.
The report also highlights that the SOL community's behavior, including high-frequency trading and short-term speculation, played a significant role in the volatility of the coin.
In an interview, Raj Patel, founder of EconVitals, stated, "SOL is a prime example of how unchecked speculation can lead to extreme market movements. The market was not built for this kind of behavior."
Despite the criticism, SOL remains a top contender for the title of "worst money maker" due to its unique tokenomics and historical performance.