Can Solana shed its memecoin image in 2026?

There is growing interest in whether Solana can move beyond its memecoin image by 2026. Recent reports indicate that Solana's future development heavily relies on its technological upgrades, especially regarding its ability to deliver stable execution, a critical point for many investors. Historically recognized more as a memecoin, a shift towards more serious on-chain finance is necessary. If successful, Solana may establish a new market position that could lead to a price increase. However, current market sentiment, competitive landscape, and technical challenges pose risks that need to be considered. Rebuilding user trust is particularly crucial, as it may enhance Solana's reputation as a blockchain platform.