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Solana’s price action is sending a clear message: the correction may not be finished yet. While buyers continue to show up at key levels, the broader structure still points to the possibility of one final downside test before a sustainable move higher can take shape.  Wave IV Still Unfinished As C-Wave Pressure Persists Crypto analyst More Crypto Online, in a recent update, explained that Solana’s chart structure still points to the possibility of another downside move before the ongoing correction is fully completed. Within the orange scenario, price action continues to align with a C-wave decline in a broader wave IV correction, keeping the corrective outlook valid as long as the structure remains non-impulsive. Related Reading: Solana Accumulation Narrative Strengthens With Big Institutions, A Rally Imminent? Even when viewed through the alternative white scenario, the current pullback can still be classified as an A-wave, which leaves room for another low before a B-wave recovery begins or before a potential fifth wave to the upside develops. In both interpretations, the analyst noted that the correction may not yet be finished. From a short-term perspective, the chart suggests that Solana could drift lower into the $81 to $90 region. Currently, there are no clear structural signals indicating an immediate bullish continuation, as the absence of impulsive upside movement keeps downside scenarios firmly in play. However, if prices were to turn higher from current levels without setting a new low, the broader structure since January 2025 would start to resemble a triangular consolidation rather than a completed wave IV. This alternative setup would imply extended sideways movement instead of a rapid trend resumption. Until stronger upside momentum appears, the focus remains on the risk of one more corrective low. Controlled Reaction At The 50% Fibonacci Signals Solana Buyer Strength AltCoin Việt Nam stated that Solana’s current price action is showing a strong and reassuring reaction around the 50% Fibonacci level. Instead of breaking down aggressively, the price has been rebounding in a controlled manner, suggesting that buyers are still maintaining influence. From a wave-structure perspective, wave IV does not appear to be rushing toward completion, leaving room for wave C to extend further if the market continues to move in line with the broader rhythm. Related Reading: Solana (SOL) Holds Support Post-Gains, Testing Bull Conviction Adding to the bullish bias is the ongoing ETF narrative surrounding Solana. Spot SOL inflows are not arriving in a FOMO-driven manner, but rather through steady accumulation across several sessions. This type of capital flow often reflects longer-term positioning rather than short-term speculation, which explains why the price tends to rebound quickly whenever it revisits key support zones. That said, the outlook is not without invalidation. A sustained move below the 50% Fibonacci level would signal that the current structure has broken down. However, the analyst views the recent pauses as temporary breathers within a broader upward structure, rather than the beginning of a meaningful downtrend. Featured image from Pxfuel, chart from Tradingview.com

Solana is undergoing a major shift as big institutional players are increasingly positioning in the network. What was once viewed primarily as a high-performance Layer-1 driven by retail and developer enthusiasm is now attracting serious capital allocations from professional funds, asset managers, and institutional allocators. This trend bolsters the SOL accumulation thesis as an emerging institutional liquidity and infrastructure story. Why Big Capital Begins Positioning Into Solana In an X post, Rex reported that the latest wave of institutional interest in Solana confirms what analyst Solana Sensei pointed out, that big firms are actively accumulating SOL right now. Forward Industry alone is holding close to $1 billion worth of SOL, while firms like Defidevcorp and others are sitting on hundreds of millions. Related Reading: Solana’s Network Performance Reaches Historic Peaks As Transaction Activity Climbs Rex views this move as just the start, and SOL stands out when it comes to real-world asset (RWA) tokenization. Its insane transaction speed, combined with dirt-cheap fees and real scalability, finally makes moving real assets on-chain viable and sustainable. These projects choosing SOL isn’t accidental; they know where the future is heading. The expert also reflects on the journey. SOL has been addressed as fast but too centralized. Currently, the same institutions that once stayed on the sidelines are quietly stacking billions in SOL, while the real run hasn’t even started yet. SOL is positioning itself to reach levels that may look unimaginable in the next few years. “Supper proud to be part of this,” Rex noted. While the crowd stayed focused on the 2025 volatility, an analyst known as Senior highlighted that Solana entered 2026 by finally delivering on its biggest technical promise. The Firedancer validator client officially went live on mainnet as of January 2026, pushing the network’s finality to 150 milliseconds and finally ending years of beta resilience and performance concerns. At the same time, Western Union officially integrated the SOL network. Meanwhile, the Spot SOL ETF surpassed $1 billion in total net assets this week, indicating that the infrastructure has also reached true institutional-grade standards. In the past, the moment SOL transitions from a retail playground to a permanent global financial rail, becoming unshakeable will feel obvious. On-Chain Activity Reflects Real Usage Growth The Solana metrics are growing. Investor and founder of the Inner Circle, Lark Davis, has revealed that the SOL application revenue surged to $2.39 billion, a 46% year-over-year increase and a new all-time high in 2025. SOL network revenue also reached $1.48 billion, representing a 48 times increase over the past two years. Meanwhile, daily active wallets have climbed to 3.2 million, showing that SOL growth is improving. Related Reading: Why Has The Solana Price Been In A Steady Downtrend Since January? On January 6th, nearly $900 million in stablecoin supply entered the SOL ecosystem in a single day. Currently, SOL leads all chains in both 24-hour and 30-day DEX volumes, and has emerged as the top blockchain by market capitalization for tokenized stocks. Featured image from Freepik, chart from Tradingview.com

Solana (SOL), one of the foremost blockchains in the cryptocurrency sector, recently released its annual review for 2025, showcasing major growth across several key metrics, including daily active wallets and decentralized exchange (DEX) volume.  Seven Solana Apps Break $100 Million Revenue Barrier  According to the report issued on social media platform X (previously Twitter) applications built on Solana generated $2.39 billion in revenue, reflecting a year-over-year increase of 46% and marking a new all-time high (ATH).  Seven standout applications in particular, including Pumpfun, each surpassed the $100 million revenue threshold in 2025. Additionally, the variety of smaller applications—those earning under $100 million—collectively produced over $500 million in revenue. Related Reading: XRP Surges Towards $2.20: Leading Monday Gains And Driving Crypto ETF Inflows The network’s performance indicators are equally impressive. Solana achieved a revenue of $1.4 billion, demonstrating a 48-fold increase over the past two years. Non-vote transactions reached a new ATH of 33 billion, with a year-over-year growth of 28%.  Furthermore, the network averaged 1,054 non-vote transactions per second (TPS) while unique active wallets averaged 3.2 million daily, marking a 50% increase year-on-year. In terms of wallet growth, Solana saw 725 million new wallets. Bitcoin Trading Volume Skyrockets To $33 Billion In terms of asset management, Solana’s stablecoin supply ended the year at $14.8 billion, more than doubling year-on-year. The blockchain facilitated a colossal $11.7 trillion in stablecoin transfers, marking a sevenfold increase over two years.  Notably, equities made their debut on Solana in 2025, achieving a supply of $1 billion and trading volume of $651 million. Bitcoin trading volume grew fivefold compared to the previous year, reaching $33 billion and solidifying a new ATH. The total Bitcoin supply also doubled to $770 million. Staked SOL also saw an increase, with 421 million tokens staked, representing an 8% growth and another ATH. Additionally, the introduction of Solana ETFs attracted net inflows of $1.02 billion. SOL-Stablecoin Volume Soars To $782 Billion In the realm of decentralized exchanges, the total DEX volume reached $1.5 trillion, reflecting a 57% year-over-year growth and another all-time high for the network’s annual review.  The trading volume for SOL-stablecoins set a record at $782 billion, more than doubling year-over-year. Twelve DEX platforms managed to process over $10 billion in volume, with Raydium leading the way at $347 billion. Furthermore, the artificial intelligence (AI) agent volume reached a new all-time high of $31 billion, along with tokenized asset volume rising to $598 million and project token volume increasing to $86 billion. Related Reading: Bitcoin Reaches $93,000 Amid Renewed Optimism: What To Keep An Eye On This Week In the sectors of memecoins and launchpads, memecoin volume totaled $482 billion, although this represented a slight decline of 10% year-on-year. Launchpads had a successful year as well, with six platforms generating over $1 billion in volume and launchpad revenue doubling year-on-year to $762 million.  Trading platforms contributed significantly to Solana’s ecosystem, earning $940 million, a 44% increase compared to the prior year. Moreover, the trading volume processed by these platforms reached $108 billion, up 66% year-on-year. https://www.tradingview.com/x/dPrTZvZ9/ At the time of writing, SOL is trading at $138.50, having recovered by 10% over the past seven days. However, it is still trading 50% below its all-time high of $293, which was reached during last year’s rally. Featured image from DALL-E, chart from TradingView.com 

Solana is treading a fine line as price presses against a key technical barrier with momentum visibly fading. Repeated rejections suggest buyers are struggling to force a breakout, yet downside follow-through remains limited for now. With volume thinning and structure unchanged, the next reaction around this level could determine whether SOL’s price trajectory. Structure Stalls As $127 Continues To Cap Upside Speaking in a recent Solana update, crypto analyst Umair Crypto highlighted that the asset’s structural situation remains unchanged from previous discussions. The core issue is that the chart continues to lack the necessary momentum to flip the $127 level into support. Repeated attempts to breach this price point have been cleanly rejected, forcing the price to turn downward and search for the next established area of support. Related Reading: Solana (SOL) Loses Momentum—Could Sellers Take Control Again? Given this persistent failure, the analyst believes a brief sweep below the key $120 level looks increasingly likely before buyers attempt another serious push higher. Umair Crypto emphasized that the most crucial aspect of this potential dip will be the market’s reaction and volume response, particularly around key areas like the volume profile and the Change of Behavior (COB) zone.  A weak reaction at these lower levels would signal continuation lower, while a strong acceptance and high volume response could set up the next major rotation back toward the $127 resistance. In the meantime, while the immediate risk is to the downside for a liquidity sweep, the $127 level remains the absolute line in the sand that decides the medium-term direction. Until Solana can secure a sustained reclaim of this barrier, the momentum will remain structurally tentative. Solana Presses Channel Resistance As Market Waits Bitcoinsensus pointed out that Solana is now trading right at a critical breakout area, placing the market in a clear wait-and-see mode. Price is pressing against the descending channel resistance, a level that has repeatedly capped upside attempts in recent sessions. Related Reading: Solana (SOL) Cools Off After Rally While Market Eyes a Resistance Break Despite hovering near the upper trendline, no confirmed breakout has occurred yet. The structure suggests growing pressure, but price alone has not been enough to validate a bullish shift. As long as SOL remains trapped beneath this resistance, the setup stays neutral rather than decisively bullish. One key missing ingredient is volume. Buying pressure remains relatively light, signaling hesitation from bulls and a lack of conviction behind the current push higher. Without a noticeable increase in volume, any move above resistance risks turning into another false breakout. A clean break above the channel, paired with strong volume expansion, would change the outlook, acting as a bullish ignition for the next leg higher. Featured image from Adobe Stock, chart from Tradingview.com

Solana’s price action this year has followed a clear but uncomfortable pattern. After pushing to a new all-time high around the $296 region in January, the rally quickly lost momentum and transitioned into a steady decline that has persisted for months.  Many traders have attributed this weakness to a risk-off sentiment across crypto, but a deeper on-chain breakdown shared by crypto analyst Ardi on X suggests the story began well before the January peak and has more to do with who was buying and who was quietly exiting. Distribution Was Already Underway Before The January Peak Solana has been on a clear downtrend since September, when it reached a lower high of around $247 compared to its January 19 all-time high of $293. One of the most important insights from Ardi’s analysis is that Solana’s January all-time high did not mark the start of distribution but rather the culmination of it.  Related Reading: Why Has The Solana Price Been Crashing Since October? This Major SOL Player Is Selling The chart attached to his post shows that selling volume was already increasing months earlier, well ahead of October, meaning that large holders were positioning for exits long before price reached its final peak. From that perspective, the January high looks less like the beginning of a new expansion phase and more like the last push of a rally.  After that point, price action began forming lower highs, and each rebound attempt lacked the strength needed to reclaim the all-time high. Interestingly, Solana failed to reach a new all-time high, even as other large market cap cryptos like Bitcoin, Ethereum, XRP, and BNB pushed to new all-time highs during the year. Another interesting feature of the data is the widening gap between retail behavior and that of larger players. Cumulative delta metrics on the chart show that retail-sized wallets have been consistently active throughout the year and are increasing their activity even as Solana’s price moved lower. On the other hand, mid-sized and institutional wallets tell a very different story. Their activity has been trending downward for months, starting from the January peak and extending up until the time of writing. Is Solana’s Price Becoming Dependent On Memecoin Activity? Ardi’s analysis also raises a broader question about what is currently driving demand for Solana. Outside of retail activity on Solana itself, one of the few consistent sources of activity has been the memecoin sector. Successes and booms of meme coins like Cat in a Dogs World (MEW), Peanut the Squirrel (PNUT), and Fartcoin (FARTCOIN), which gained traction in the second half of 2024, contributed to Solana’s push to all-time highs during those periods. Related Reading: Will Solana Flip Ethereum? Revenue Numbers Show Disturbing Trend Those meme coin successes culminated with the launch of the Official Trump ($TRUMP) token in January 2025 on Solana, which experienced eye-watering gains shortly after its launch. This, in turn, contributed to Solana’s all-time high in January.  However, since then, the TRUMP token and other Solana-based meme coins have been trending downwards in recent months and no longer command the same level of attention or trading intensity they had this time last year. That has led to the view that Solana’s price is increasingly sensitive to the success of memecoins in its ecosystem.  At the time of writing, Solana is trading at $121.50, down by about 58.6% from its January all-time high of $293. Featured image from iStock, chart from Tradingview.com

The story of Solana has shifted from a meteoric rise to a high-stakes battle for relevance. After reaching a historic all-time high in November 2024, the network has struggled to reclaim its former momentum. This loss of momentum reflects technical exhaustion and a market recalibration after an aggressive run-up. Thus, SOL has entered a new phase as investors assess whether fresh demand can emerge or if the network needs a new catalyst to reassert leadership. How Solana Momentum Fades After The November Peak Crypto trader Ardi has revealed on X that market interest has noticeably thinned ever since Solana set its $296 all-time high in November 2024. On-chain data has shown that buying pressure has been dominated almost by the retail-sized wallets, particularly those making purchases between $0 and $1,000. Related Reading: Solana Faces Critical Test Near $100 as Macro Pressure and Network Upgrades Collide Ardi argues that while many observers point to micro conditions to explain the stalled price action, the tape reveals that the distribution has begun before the peak. The selling volume had already been accelerating for months before October 10, signaling that major players were planning their exits long before the drawdown. The data also confirms a massive divergence between demographics. Meanwhile, the mid-sized wallets involving $0 to $100,000, and the institutional-sized wallets involving $100,000 to $10 million in volume have been in a steady downtrend for roughly 13 months. Over the same period, retail wallets have shown a consistent uptrend, and are clearly convinced that SOL is still trading at a deep discount price.  This imbalance leads to the ultimate question: Is Solana’s value now intrinsically tied to memecoins? The correlation between SOL’s demand and the memecoin actively on the network has been near-perfect, which means that without the frenzy of the meme sector, most bids would largely be disinterested. What Comes After Memes Will Decide Solana’s Future An investor and trader, Jas pointed out that 2025 has definitely been a reset for Solana, but it isn’t over for the altcoin. SOL active monthly traders have fallen from roughly 30 million to under 1 million, a staggering 97% drop in network activity. The speculative engine was the memecoin boom that fueled its rise and also exposed its biggest vulnerability. Related Reading: Solana at a Breaking Point: Fading Memecoin Hype and Alameda Unlocks Test the $140 Support Zone Furthermore, SOL is down nearly 58% from its yearly high. SOL’s network revenue dropped fivefold year-over-year from $2.5 billion in 2024 to $500 million in 2025. The contrast with Ethereum is hard to ignore, and ETH generated $1.4 billion in revenue this year and outperformed SOL by 56% year-to-date. “SOL’s future may depend less on memes and more on what follows them,” Jas noted. Featured image from Adobe Stock, chart from Tradingview.com

The Solana price has shown encouraging signs of recovery, climbing 6% on Friday to approach the $126 mark. This uptick follows a concerning dip below the crucial $120 level, which had sparked fears of a potential downtrend that could drag the cryptocurrency down toward the $100 threshold. Solana Price Gains Ground Chris MacDonald, an analyst at The Motley Fool, recently highlighted two key factors contributing to Solana’s resurgence. One significant catalyst is a proactive initiative by the Solana Foundation.  Bitcoinist reported earlier this week that the organization is currently assessing whether its network can withstand potential threats from quantum computing technologies.  Related Reading: Bitwise’s 2026 Crypto Forecast: Bitcoin, Ethereum, And Solana Poised For New Record Highs In collaboration with Project Eleven, a security firm specializing in post-quantum cryptography, the Solana team has launched a quantum-resistant testnet following a comprehensive threat assessment.  The second notable factor driving the Solana price uptick is the announcement from health and wellness company Mangoceuticals, which revealed plans to allocate $100 million toward acquiring and holding SOL.  Despite the positive momentum, experts caution that Solana’s price is currently following a “clean corrective structure.”  Moving Averages Signal Downtrend From a technical analysis perspective, the 50-day simple moving average (SMA) is situated around $143, significantly higher than the current trading range, while the 200-day SMA looms even further at approximately $170, suggesting a prevailing downtrend rather than a healthy consolidation phase. In the short term, the 20-day exponential moving average has also rolled over near $133 and has consistently rejected previous attempts at a bounce.  Analysts note that until the Solana price can close above the low-$130s for an extended period, any rebounds will likely be seen merely as counter-trend movements.  Immediate support lies just below current trading levels at the $125 mark, followed by critical levels in the $121–$120 range, and another demand zone around $110.  A more significant downturn could push the price into the high $90s, with projections indicating a potential dip to around $80 if liquidations accelerate further, as NewsBTC reported on Thursday. Related Reading: Crypto Payments Firm MoonPay Set For $5 Billion Valuation With NYSE Owner’s Backing The market has already registered an eight-month low near $116.9. A decisive close beneath that level could likely drag the Solana price toward the psychologically significant $100 mark.  On the upside, the Solana price could encounter initial resistance clustered in the $133–$138 range, with stronger resistance observed in higher levels between $144 and $147 that could prevent any new recoveries in the short-term. To facilitate further price recovery, the Solana price will need to clear that second group of resistance levels on a daily close, ideally supported by increased trading volume, to pave the way toward prices between $160 and $165. Featured image from DALL-E, chart from TradingView.com

SkyBridge Capital founder Anthony Scaramucci said he still sees a path to Solana reaching $2,500 over a five-to-ten-year horizon, arguing that tokenization plus clearer US regulation could turn Solana into a core financial “rail system.” Scaramucci made the remarks in an interview with SolanaFloor filmed during last week’s Solana Breakpoint conference and released on Dec. 18. Why Solana Is Still Poised For $2,500 Scaramucci framed the $2,500 thesis as a long-duration bet that won’t play out cleanly. “It’s not going to come without… volatility,” he said, pointing to what he called a messy US regulatory year and sticky inflation as headwinds that “probably slowed down our trajectory.” “If you had asked me at the beginning of the year” whether Washington would pass stablecoin legislation and “the market structure, the CLARITY bill,” he said he would have expected both. “That did not happen.” Still, he argued “the timing is still right,” with the caveat that price will likely remain jumpy until those macro and regulatory variables resolve. Related Reading: Solana (SOL) Support Shattered, Potential $100 Test Looms, Says Analyst To explain the patience required, Scaramucci leaned on a tech-investing analogy, recalling Amazon’s drawdowns by 90% before mass adoption. The lesson, in his words: stay with “great technology” through uncertain stretches because durable infrastructure eventually gets adopted. Asked what surprised him most this cycle, Scaramucci singled out the Trump and Melania memecoins. He described their Solana launch as “a compliment to Solana” because it was selected for “ability to handle large scale large volume transactions with great certainty and finality.” But he also argued the episode backfired on policy. “I think those coins slowed down the regulatory process in the US,” he said, suggesting that the optics of a US president entering the memecoin business created a political “foil” that opponents could use to resist crypto bills. “I think we would have gotten everything that we wanted this year had the president sort of stayed out of the meme coin business,” he added, calling it “short-term regulatory” damage. He also claimed the memecoin surge “sucked out all the liquidity from a lot of the altcoins,” which he said “hurt the industry,” even as it showcased Solana’s throughput. Tokenization Is The Endgame Scaramucci’s core argument was simple: tokenization is coming, and Solana is positioned to host a meaningful share of it. He said Paul Atkins, whom he described as a longtime personal friend, delivered what Scaramucci considers an underappreciated prediction: “In 5 years all of our assets are going to be tokenized.” Scaramucci then pushed his own conclusion: “What’s going to be the number one rail system to tokenize on? It’s going to be Solana.” He argued superior systems tend to win through adoption, not ideology. “If you have something that works better than something else, it gets adopted,” he said, comparing Solana’s trajectory to the internet’s jump from dial-up to today’s high-bandwidth reality. He also flagged operational progress on the network. “I don’t want to jinx us,” he said, but suggested Solana had gone “two years now without any” downtime. Related Reading: Solana Value Proposition Extends Beyond Tech Into Economic Infrastructure SolanaFloor challenged Scaramucci on why SkyBridge tokenized a $300 million fund on another chain. Scaramucci said it was “a very small fund,” and that a larger fund “will likely get tokenized on Solana.” He also rejected maximalism: “I don’t believe in chain monogamy,” he said. His view is that “three or four chains” will win, naming Solana and Avalanche. He argued Avalanche can be attractive for certain compliance-driven deployments, while Solana is where “stocks and bonds are going to be tokenized” and where “the larger funds are going to be tokenized.” Scaramucci also disclosed his personal positioning: “My largest personal position even greater than Bitcoin is my position in Solana and I have it all staked,” he said, adding he owns Avalanche and Bitcoin and holds a “very small position” in Ethereum. Scaramucci tied the next leg of the cycle to US policy and liquidity. If the US passes market-structure rules next year, he said, prices should respond. If inflation cools and the Fed can cut more aggressively under a new chair, he argued that would add liquidity and reinforce a “positive flywheel.” At press time, SOL traded at $125. Featured image created with DALL.E, chart from TradingView.com

In the evolving landscape of blockchain technology, Solana has rapidly emerged as a platform not merely defined by its technical capabilities but by its broader implications for economic infrastructure. By enabling the class of decentralized applications, SOL is positioning itself as a high-performance blockchain and a foundational layer for the next-generation economic activity.  Why Infrastructure That Enables Continuous Markets In an X post, crypto analyst Vibhu mentioned that Solana is no longer just a piece of financial technology, but a fully functioning economy. What exists on SOL today has gone beyond transactions and smart contracts.  Related Reading: Solana Gains Institutional Momentum as New On-Chain Bond Deal and XRP Integration Build Hype According to the expert, there are dollars and native currencies, real-world assets, metals and rare minerals, energy market, information markets, manufacturing primitives, and global trade rails all operating in real-time on-chain. SOL also has politics, governance processes, divided factions, and ongoing debates about the leading network’s future. At this point, we are witnessing the birth of a country that lives entirely on the internet. Measured through economic output, SOL would rank around the 157th largest country in the world by GDP (Gross Domestic Product), comparable in size to nations such as Eswatini or Fiji. However, SOL is globally integrated by default, and from a forex and asset-flow perspective, it punches above its weight, integrating with the largest banks and financial institutions across the globe. Furthermore, SOL has withstood sustained network attacks from nation-state actors, defending itself with systems engineers instead of armies. Economically, SOL is already engaged in trade with countries like Bhutan, ranked 164, the Isle of Man, ranked 154, and even Kazakhstan, which ranks 49 in global economic standings. “Solana is a digital country, and I am proud to be a citizen,” Vibhu noted. Why Real-Time On-Chain UX Finally Works On Solana Solana continues to see key updates and integration that tend to bolster the network capabilities. Co-founder of TeamElevenX1 and Ambassador at Solflare, Kristofer_Sol, has highlighted that MagicBlock is quietly doing some of the most important work in the Solana ecosystem, pushing real-time SOL closer to true production scale.  Related Reading: Solana Faces Critical Test Near $100 as Macro Pressure and Network Upgrades Collide At the center of this shift is the deep integration of compressed accounts into the Light Protocol inside Ephemeral Rollups, reducing rent costs by up to 200 times, while still functioning like a normal account for developers. The compression demo is already live, and real applications are actively using it today. Others like Rush Trade deliver faster trades, and Pixels achieve smooth, real-time pixel updates.  Kristofer_Sol stated that this is what a scalable on-chain user experience actually looks like. With low-cost reduction and speed improvements happening without forcing developers to rewrite everything, MagicBlock is quietly removing the friction that has held back games, social apps, and consumer products on SOL. Featured image from Freepik, chart from Tradingview.com

Anthony Scaramucci showed up to Solana Breakpoint in Abu Dhabi wearing a tie — a small act of rebellion in a sea of hoodies — and then proceeded to make a much bigger one on stage: Solana is going to “flip” Ethereum. Scaramucci’s Solana Prediction Not in the Twitter-war, zero-sum, “ETH is dead” kind of way. More like: same league, different growth curve, and Solana ends up with the bigger market cap. “I think it will flip Ethereum, but that doesn’t mean Ethereum’s going down or anything like that. I think there’s going to be market share for Ethereum. I think they could both grow, but I think from a market capitalization perspective, I think Solana will end up growing faster,” Scaramucci told CoinDesk Live on Dec. 11. That’s been his line for a while. This time it came with a prop: his new book, Solana Rising, which dropped Dec. 9 and — according to Scaramucci — quickly hit the top of Amazon’s “new releases” list for investment management/investment strategy. He framed the book as something for the skeptics, or at least for the friends of the believers. Related Reading: Solana Enters Bear Territory: Realized Loss Now Outweighs Profit The pitch is familiar if you’ve been anywhere near crypto conferences this year, but Scaramucci’s version is unusually blunt: Solana is the fastest-growing chain, it’s stacked with activity, it’s cheap to use, and it’s easy to build on. Then you add staking, and you’ve got what he keeps calling “great tokenomics.” And yes, he’s heavily aligned. “Full disclosure,” he said, “I have a large personal holding in Solana. I have it on the firm’s balance sheet.” How large? On SkyBridge’s balance sheet, he put it at “probably 60%,” with the firm sitting on “north of a nine figure balance sheet.” His personal portfolio allocation, he estimated, is around “6% 7%.” Big, but not “I sold the house for SOL” big. Notably, Scaramucci emphasized that he’s not “chain monogamous.” He likes Avalanche. He likes Ethereum. He’s not doing maximalism. He’s doing a portfolio. “In fact, who is chain monogamous?” he joked. Related Reading: Solana Hits Critical Demand Zone — Is A Surprise Bottom Loading? The Skybridge Capital founder added: “It’s not an amorous thing. It just has to do with the realities of investing. It’s like owning a lot of stocks in your portfolio. But to me, I just think that it is the fastest growing chain. That’s the most activity of like the top 50 chains combined. It’s got lots of use cases, lots of versatility. It’s easy to develop on and it’s very low fees to transact on and it’s got great tokenomics if you want to stake your Solana like I do.” He also pointed to the debut of the first spot Solana ETF in the United States — “first staking ETF,” in his words — as another signal that we’re still early. Then came the price talk, because of course it did. Could SOL hit $300–$400 by the end of next year? “Sure,” he said, tying it to a more constructive US regulatory backdrop — specifically his hope that the CLARITY Act gets passed and unlocks “the full utilization of tokenization.” Longer term, he went bigger: “Is Solana go to $1,000 over the next five years? I really do believe that.” He also revisited Bitcoin. Same vibe: right call, wrong calendar. “I’ve been right about Bitcoin, but I’ve been wrong about timing,” Scaramucci said, sticking with a $150,000–$200,000 target, and arguing a friendlier rate environment next year could help. At press time, SOL traded at $139.14. Featured image created with DALL.E, chart from TradingView.com

Solana has slipped into a crucial demand zone between $118 and $138, a region where buyers must prove they’re still in the game. Early reactions are emerging, but momentum remains weak, raising the big question: Is SOL preparing for one more leg down, or could a surprise bottom quietly be forming beneath the surface? Solana Slides Into A Critical Support Zone Crypto analyst More Crypto Online, in an update shared on X, revealed that SOL has recently dropped into a major support band. This crucial zone stretches from $118 up to roughly $138.30. The analyst emphasizes that this is the exact region where the market must definitively prove that robust demand is still present to prevent further structural decline. Related Reading: Solana Price Faces Critical Test Near $140 While Analysts Track KOL Indicators and Liquidity Shifts While examining the smallest timeframes, the analyst noted that there are indeed early attempts at a reaction developing within this broad support band. However, the expert warns that these reactions currently lack conviction and do not yet display the sustained buying strength necessary to signal a durable reversal.  More Crypto Online includes a more bullish possibility, which he labels the “white scenario,” where the broader B-wave correction could finish at any point within this current support region. If successfully confirmed, it would effectively establish a definitive low and open the door for Solana to rechallenge its previous cycle highs by initiating a powerful C-wave rally. However, the core problem preventing a definitive bullish call is that the recovery observed from the recent swing low has not exhibited the characteristics of an impulsive advance. As long as that remains the case, the analyst concludes that a deeper dip is the more realistic path, cautioning traders to prepare for a potential test of levels below the current support range. A–B–C Correction Still In Play For Solana According to More Crypto Online, Solana’s price action continues to mirror the broader structure seen on Bitcoin. The ongoing decline can still be viewed as an A–B–C corrective pattern within the orange scenario, with the final C wave unfolding as a five-legged move. If this interpretation holds, the last leg of the correction still has room to extend further, potentially reaching the $81 to $90 zone. Related Reading: Reversal Loading? Bitcoin, Ethereum, And Solana Build Powerful High-Time-Frame Structures The analyst noted that the current upswing resembles an internal wave 4 rally. Under this outlook, the market could still produce one more low, completing the final leg of the corrective wave before a more reliable reversal structure begins to form. Solana now sits at a key decision point, but the Elliott Wave framework indicates that bearish pressure may not be fully exhausted. Until the structure confirms a shift with impulsive upward movement, the chart still allows for another push lower before a durable trend change can develop. Featured image from Pxfuel, chart from Tradingview.com

The Solana network has seen its validator count crash by more than 68% over the past three years, falling from thousands of active nodes to just around 800. The massive decline in validators has sparked discussions about whether this could become a threat to the blockchain network or a natural pruning of inactive nodes to increase efficiency.  Solana loses 68% Of Its Validators In 3 Years A new report from Criptonocias reveals that Solana has experienced a dramatic decline in the number of its validators, active and non-active, since March 2023. This decrease has raised concerns across the crypto community about the network’s overall health and security.  Related Reading: Why Has The Solana Price Been Crashing Since October? This Major SOL Player Is Selling Over the last three years, the Solana network has steadily lost validators, going from 2,500 to 2,100 in November 2022 and now hovering around 800. This decline means the blockchain has lost a total of 1,700 validators. Although this considerable decrease should trigger warning alerts, it could be a result of ledger pruning, which involves removing inactive or redundant nodes to streamline a network and improve its performance without compromising security.  Notably, validators are crucial for the operation of a blockchain network, as they run nodes, confirm transactions, and help maintain the integrity of the system. Each validator adds to the diversity of the network and reduces the risk of any single entity gaining excessive control.   According to the report, some voices in the Solana ecosystem see the reduction of validators in a positive light. They argue that losing “Sybil validators,” which are nodes pretending to be multiple independent operators but are actually controlled by a single party, can be beneficial. Based on this perspective, having a smaller number of reliable and active validators is healthier than maintaining thousands of nodes that do not contribute meaningfully to the blockchain network. Criptonocias revealed that teams such as Layer 33, which develops infrastructure node tools and provides network services for Solana, point out that many of the validators leaving the blockchain are not Sybils but legitimate node operators. This suggests that the drop in numbers does not automatically equate to improved network quality despite widespread talks about ledge pruning.   Notably, the potential impact on the Solana network, whether negative or positive, depends on the independence of the remaining validators and the distribution of power among them. An updated report of the validator count reveals that it has dropped again from 800 to 795.  Solana Faces Liquidity Crunch As Profitability Declines Amidst its decline in validators, the Solana network is showing signs of strain as liquidity dries up and profitability declines. On-chain data from Glassnode highlights a troubling trend in the network’s trading activity, with the 30-day average realized profit-to-loss ratio remaining below 1 since mid-November.  Related Reading: Solana Welcomes Bearish December, But Pundit Shares Possible Move To $170 This level is typically associated with bear market conditions and points to a growing imbalance between gains and losses among traders. A ratio below 1 also indicates that traders are realizing losses more frequently than profits, underscoring the cryptocurrency’s weakening market sentiment. Featured image from Freepik, chart from Tradingview.com

Momentum on Solana is compressing as the chart approaches two pivotal decision points, making the coming days especially significant. With a deeper corrective target on the macro frame and a respected support zone in the mid-range, SOL is gearing up for a move that could shape its next major trend. This Wave Completed As Solana Signals A Larger Pullback Elliott Waves Academy has presented a fresh perspective on SOL, focusing on the weekly timeframe. According to the analysis, SOL appears to have completed its upward wave, identified as wave (1)/(A), within a broader bullish structure. This recent break below a key level reinforces the view that a deeper corrective phase may already be underway. Related Reading: Solana Reclaims Crucial Resistance Despite First SOL ETF Outflows – 25% Rally Ahead? Based on the wave count and Fibonacci measurements, the correction is expected to extend toward the $49.26–$32.03 range, which aligns with the 50%–61.8% retracement levels. Should SOL reach this area, a clear corrective pattern paired with a strong bounce would help validate the broader bullish thesis and suggest that buyers are stepping back in with conviction. Price behavior within this zone will be critical in determining the next major swing. If this scenario unfolds as anticipated, a decisive breakout above the key level that was previously broken will act as confirmation for renewed upside momentum. However, a violation of the $8.00 level would invalidate the bullish outlook entirely, signaling a much deeper structural shift. SOL Coils For Impact As Price Compresses Into A Tightening Structure According to a recent update from CryptoPulse, Solana is shaping up for what looks like a textbook technical setup. The current structure is tightening, showing reduced volatility and signaling that a decisive move may be approaching. With SOL consolidating, the chart is beginning to align with a major technical level. Related Reading: Solana Pullback Finds Purpose As Strong Hands Eye Accumulation Below $160 The key zone highlighted is the $133 support level, an area that has previously acted as a reliable reaction point for buyers. Real partnerships, continuous development, and increasing on-chain activity are all reinforcing this technical zone with additional weight. Given this confluence, the strategy becomes clearer: allow price to revisit the $133 region and observe how the market responds. If buyers step in aggressively, forming wicks, bullish engulfing candles, or strong volume spikes, it could signal that the level is holding once again.  CryptoPulse emphasizes patience above all. Instead of chasing the market, let the chart come to you. When both fundamentals and technicals point to the same area, it often increases the probability of a strong follow-through. Acting on confirmation rather than prediction is the key to building a solid position in setups like this. Featured image from Sketchfab, chart from Tradingview.com

On-chain analytics platform Lookonchain has provided insights into what may have contributed to the Solana price crash since October. The platform revealed that meme coin launchpad Pump.fun has sold a significant amount of SOL, cashing out almost $500 million since the start of October. Pump.fun Allegedly Dumps SOL Amid Solana Price Crash In an X post, Lookonchain suggested that Pump.fun has been selling SOL, as it appears that the meme coin launchpad has cashed out at least 436.5 million USDC since October 15. The on-chain analytics platform also stated that since October 15, the meme coin launchpad has deposited 436.5 million USDC into Kraken.  Related Reading: Forget XRP, DFDV Exec Predicts Solana Price Is Headed For $10,000 Furthermore, Lookonchain revealed that between May 19, 2024, and August 12, 2025, Pump.fun sold a total of 4.19 million SOL ($757 million) at an average price of $181. Of that amount, 264,373 SOL was sold on-chain for $41.64 million, while 3.93 million SOL ($715.5 million) was deposited into Kraken. Pump.fun’s SOL sales are known to put significant selling pressure on the Solana price, thereby contributing to its crash.  Notably, the Solana price has recorded one of the largest losses during this recent crypto market downtrend. SOL crashed from a high of around $220 in October to a low of $120 this month. This has occurred despite the launch of six spot Solana ETFs during this period. Bitwise, Grayscale, Fidelity, 21Shares, VanEck, and Canary have all launched their SOL funds and have recorded notable flows since launch. SoSo Value data shows that these funds have recorded cumulative net inflows of $568.24 million since their respective listings. Despite this, the Solana price has been in a downtrend amid significant selling pressure from SOL whales. Thanks to the crash, SOL is now down over 28% year-to-date (YTD). The altcoin is also down over 28% in the last 30 days.  Pump.fun Denies Recent SOL Sales A Pump.fun spokesperson, Sapijiju, has indicated that they haven’t sold any SOL recently and haven’t contributed to the Solana price crash. In an X post, he described Lookonchain’s post as complete misinformation, as they haven’t cashed any sum. He claimed they were not involved in the transactions between Kraken and Circle that the on-chain analytics platform referenced. Related Reading: Institutions Have Been Buying Solana Every Day For 2 Weeks, Is $300 Possible? Lookonchain had claimed that during the same period, Pump.fun allegedly cashed out 436.5 million USDC, 537.6 million USDC was sent from Kraken to Circle. Meanwhile, regarding the 436.5 million USDC, Sapijiju stated that what is happening is part of their treasury management, with the USDC part of funds from the PUMP ICO, and with plans to reinvest the sum into the business.  At the time of writing, the Solana price is trading at around $138, up almost 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from Freepik, chart from Tradingview.com

Solana’s price is now sitting inside a crucial support zone, and what happens in this region will decide whether the next major bullish wave can truly begin. The broader correction has brought SOL to a defining moment, where micro-level price behavior will determine if buyers can regain control or if deeper levels must be tested first. Market Correction Nears First Major Support Zone According to a recent update by More Crypto Online, SOL still maintains the chance to begin a larger upward move in this current cycle. The analyst notes that the market has been in a correction since mid-September and has now reached its first major structural support zone, putting the asset at a crucial juncture. Related Reading: Solana (SOL) Aims Recovery Run, $155 Resistance Now Back in Focus The first key support zone is defined as sitting between $138 and $118, which is currently being tested by the market. However, More Crypto Online cautions that there is currently not enough evidence that support is being confirmed here. While there is a small green candle on the weekly chart, this is merely something to watch and is “not yet a signal.” More Crypto Online outlines the bearish contingency: if Solana breaks sustainably below the $117–$118 area, the focus will shift to a deeper correction scenario, targeting the next major macro support zone between $90 and $62. In the weekly chart, these are the two zones that matter most on the macro level. However, More Crypto Online emphasizes that traders cannot automatically assume one or the other will hold. Meanwhile, the key is always to observe how the microstructure behaves inside these zones. Why Micro-Timeframe Structure Is the Decisive Factor The analyst further clarified that a weekly support zone only becomes meaningful when lower time frames begin to form clear 5-wave impulse structures from the lows. These impulses act as early confirmation that buyers are stepping in with strength rather than producing temporary reactions. Related Reading: Solana (SOL) Grinds Upward as Broader Market Stabilizes — Is a Breakout Brewing? Without these smaller-time-frame impulses, any bounce that appears within a weekly support zone remains unconfirmed. It simply signals that price is reacting to the area, not that a true bottom has formed or that a bullish reversal is underway. To distinguish between a weak bounce and a confirmed hold, the analyst emphasized tracking micro price action on the 15-minute, 1-hour, and 4-hour charts. These lower time frames reveal whether buyers are defending levels with conviction. Until Solana prints a clean and structured 5-wave move from a low, neither support zone can be considered validated. In the meantime, both the higher and lower support scenarios remain fully in play. Featured image from iStock, chart from Tradingview.com

A senior executive at DeFi Development Corp. (DFDV) has delivered one of the most aggressive long-term forecasts for the Solana price yet. According to him, Solana could see its value catapult to $10,000, leaving much of the market in the dust. This outlook, shaped by recent market turbulence and years of crypto experience, has drawn attention from industry experts as the DFDV executive outlines how SOL can reach this target by capturing a significant share of the global digital value.  Solana Price To Reach $10,000 In 10 Years DFDV COO and CIO Parker White recently shared his long-term thesis on Solana following a rough week for risk assets in the market. White argued that Solana is poised for significant growth over the next decade, as digital value transfer becomes a core pillar of the global economy.  Related Reading: Institutions Have Been Buying Solana Every Day For 2 Weeks, Is $300 Possible? In his view, the pressures of the past week only strengthen the case for Solana’s explosive upside potential. He emphasized that SOL is ideally positioned to capture an outsized portion of the global digital value, which he believes could propel the altcoin’s price toward the $10,000 mark. With SOL currently trading at $137 after declining by more than 25% in the past month, a surge to $10,000 would represent a massive gain of over 7,000%. As a Solana-focused treasury company, DFDV offers a different path of exposure. White has explained that he prefers building his position through the firm rather than purchasing SOL or a Solana ETF. He described the structure of DFDV as a Digital Asset Trust (DAT) controlled by him and a group of long-time colleagues, who collectively own more than 20% of the common stock. Furthermore, he stated that this concentrated level of ownership enables DFDV to aggressively grow its Solana per share much faster than a passive ETF could achieve.  Responding to a comment questioning the purpose of such a structure, White emphasized that DFDV’s performance has already outpaced ETF alternatives. He pointed to a 32% annualized increase in Solana per share over the past three months, after accounting for operating costs, compared to the roughly 6% growth provided by ETFs after fees. For him, the long-term bet rests on achieving one SPS by late 2028—a milestone he believes could generate substantial wealth for both executives and token holders willing to endure ensuing market volatility.  Why Volatility Is Central To DFDV’s Long-Term Outlook White made it clear in his X post that volatility is not a threat to DFDV’s model but a necessary factor. He highlighted that between now and 2028, he expects maximum volatility to flood the Solana market. He described DFDV as a volatility reactor designed to convert extreme market swings into long-term shareholder value, insisting that the firm can generate gains in both upward and downward market conditions.  Related Reading: Solana To Dethrone Bitcoin And Ethereum? Here’s How The First SOL ETFs Are Faring For short-term traders, White advises that sharp price swings may provide opportunities to profit from rapid movements in SOL. He also stressed that long-term investors should prioritize accumulating and holding their investments, even during periods of high volatility. Featured image from iStock, chart from Tradingview.com

Solana is evolving faster than most market participants realize, and it has been celebrated for its blistering speed and low transaction costs. The BIT narrative movement within the SOL ecosystem is quietly driving a core evolution of the platform, cementing the network’s position as a leading blockchain. How BIT Is Reshaping The Solana Infrastructure BIT is quietly becoming one of Solana’s most underrated narratives right now. An analyst known as CryptoDoc has revealed on X that Bitdealernet is building an asset-backed meme launchpad, where every token launch on their platform is tied to real iGaming products with millions of active players.  Related Reading: Solana DEX Volume Hits $5B as Best Wallet Token Surpasses $16.9M The project has integrated directly with major Solana Decentralized Finance (DeFi) platforms, including Meteora and Jupiter, which gives the token instant access to SOL’s premier DeFi tools. Additionally, it has established direct connections with popular trading platforms, including Axiom, Bonkbot, Photon, and BullX; an integration that provides liquidity, reach, and utility from day one.  This project leverages over 4 million users across its gaming ecosystem this year alone. With the corporation of KOL rev share mechanics, which creates powerful incentives that align with the entire ecosystem to be deflationary by design. These features are why this looks like the next evolution of meme economics. According to cryptoDoc, this is not just another meme, but it’s a meme with a business behind it, and BIT is setting the new standard for sustainable meme tokens. Strategic Deployment Of The Bitdealer App Chain An X analyst, BCBlueSkyVC, has also mentioned that Bitdealer may still be in its early stages, but the vision it is building toward is undeniably massive. While Bitdealernet is currently laying its foundational pieces, the roadmap reveals a bold, structured direction with important steps. Related Reading: Western Union Reveals Plans For USDPT Stablecoin On Solana, Set To Debut In 2026 The rollout of the Bitdealer App Chain is creating its own dedicated infrastructure for the ecosystem and expanding the iGaming catalog to diversify the iGaming experience. This launching of NFT-based Player Profiles innovation transforms user identity into valuable digital assets, increasing transparency in token management and strengthening community trust.  If executed with precision, Bitdealer could evolve into a segment-defining platform where meme culture meets iGaming utility and DeFi incentives to create a unified Web3 experience. The project’s vision is bold, and its direction is clear, which will make crypto a fun and transparent space to be in that truly rewards real users, not just speculators. Bitdealer is not simply building another launchpad, but it’s creating a cultural-financial hub on Solana, where digital culture, gaming, and decentralized finance resonate in oneness to reward real users. Featured image from Pxfuel, chart from Tradingview.com

A crypto analyst who famously forecasted the dramatic Bitcoin (BTC) crash to $20,000 in 2021 has caught the attention of investors and traders with a new warning about Solana (SOL). In a technical analysis, he identifies a critical resistance zone that he believes must be reclaimed soon. Without recovery, he warns that the SOL price could break down toward a much lower level, deepening the cryptocurrency’s already persistent downtrend.  Bitcoin Crash Caller Issues New Solana Alert After projecting BTC’s collapse four years ago, crypto market expert DonAlt is highlighting new risks in Solana. In one of his latest analyses, DonAlt shared a detailed look at Solana’s price structure, including a chart that highlights a major red resistance zone between $190 and $215.  Related Reading: Ripple Exec Reveals Why The Bitcoin Price Is So High Now According to him, this is the range level Solana must recover to avoid a deeper correction. The analyst explained that his stance on Solana has been bearish for some time, and the recent rejection from this key resistance area has only reinforced that outlook.  The SOL price chart shows several failed attempts to close above the red box, suggesting that sellers may still be controlling the trend despite recent accumulation. The upper range line around $250 has acted as an unyielding ceiling for months now, and DonAlt has indicated that as long as Solana trades significantly below it, the market should be considered structurally weak. Currently, the altcoin’s price has slipped toward mid-range levels, and the weekly timeframe is starting to exhibit early signs of a bearish breakdown.  In a previous report, DonAlt presented the same chart structure, emphasizing that Solana’s price action remains “awful” unless buyers step in within two days to rescue the weekly close. If they fail to do so, he expects the cryptocurrency’s price to fall back toward the range support at $126. At the time of writing, Solana is trading around $141, meaning a decline to $126 would represent a more than 10% drop in value.  Notably, the bearish pressure is visible on the chart candles, which continue to weaken each time Solana approaches the red resistance zone. The trend reflects a diminishing strength and a steady decline in momentum, further augmented by the broader crypto downtrend and rising volatility.  SOL HTF Chart Signals Severe Breakdown Risk DonAlt has also displayed a High-Time Frame (HTF) chart that he considers one of the most bearish he has seen in recent months. The chart shows a clean rejection from the upper boundary near $208, underscoring the weakness developing in higher timeframes.  Related Reading: XRP Set To Lead The Next Bull Rally: Crypto Research Firm Blows The Lid Open While many traders assume that bearish setups fail when they become too obvious, DonAlt suggests that the current situation with Solana is opposite. He points out that almost no one is panicking or even discussing the potential risks, which is even more unusual, indicating that this silence may be masking real vulnerability.  Featured image created with Dall.E, chart from Tradingview.com

Institutional capital is circling back to Solana (SOL) as Spot Exchange Traded Funds (ETFs) open the gates to a new wave of inflows. Solana’s resurgence has caught the attention of the broader crypto community, recording consistent daily inflows and experiencing momentum it has not seen in months. The question now remains whether this steady buildup of institutional accumulation could eventually propel SOL’s price toward the $300 mark.  Solana Records 11 Days Of Consecutive ETF Inflows The Solana price is currently hovering above $156, roughly half of its ATH of just over $294 set in January 2025. Over the past few months, the altcoin has experienced significant volatility, including a 20% decline in the last month. During this period, there was little news to drive the market. However, the recent surge in SOL ETF activity could signal a potential turnaround for Solana’s price.  Related Reading: Institutional Investors Are Buying XRP And Solana At An Accelerated Rate While They Dump Bitcoin According to data from SoSoValue, US Spot Solana ETFs have witnessed a cumulative total net inflow of $350.47 million in less than two weeks. This suggests that institutions have been buying Solana ETFs every single day since its launch, signaling confidence in the current volatile market.  Today, the daily total net inflow of Solana ETFs reached $7.98 million, approximately $1.2 million higher than the previous day’s $6.78 million. SoSoValue’s chart shows that the highest daily inflow during the past 11 days occurred on November 3, when Solana ETFs drew an impressive $70.05 million from both Bitwise and Grayscale.  Bitwise’s BSOL ETF has been the primary driver of this steady inflow, accounting for $331.74 million of the total, while Grayscale’s GSOL ETF contributed a modest $18.72 million. The data underscores that institutions are not only showing interest in these new crypto investment products but are actively establishing long-term positions in Solana exposure. Considering Bitcoin ETFs drive the cryptocurrency’s price to former ATHs in 2024, Solana could see a similar response if ETF inflows remain strong and the broader market sentiment stays positive. While it remains unclear whether the cryptocurrency can reach $300, the steady accumulation from institutions provides a constructive foundation for future price appreciation.  Grayscale Expands Trading Access With Solana ETF New reports reveal that Grayscale has added another layer of optimism to the SOL news by announcing that options trading for its Solana Trust ETF is not yet live. This provides investors with additional opportunities to gain exposure to the cryptocurrency, manage risk, and trade around Solana’s price movements.  Related Reading: Solana To Dethrone Bitcoin And Ethereum? Here’s How The First SOL ETFs Are Faring Grayscale has announced that the Solana Trust will offer 100% staking, zero fees, and an average staking rewards rate exceeding 7%, making it an attractive option for investors seeking both exposure and yield. As Grayscale’s new moves strengthen Solana’s presence in the digital asset landscape, the introduction of options trading could also improve liquidity for the cryptocurrency. Featured image from Pixel Plex, chart from Tradingview.com

US Spot Bitcoin and Ethereum ETFs finally broke their six-day losing streak on November 6, posting their first day of net inflows after nearly a week of continuous capital outflows. Data from SoSoValue shows that Bitcoin ETFs drew $240.03 million in new investments over the past 24 hours, while Ethereum ETFs gained $12.51 million. Solana ETFs, meanwhile, continued to show remarkable consistency, bringing in $29.22 million in daily inflows. That figure extended Solana’s winning streak to eight consecutive days of positive capital movement, even as other major digital-asset ETFs struggled to maintain momentum. A Strong Debut For Solana ETFs Data shows that Solana ETFs launched with around $70 million on the first day and went on to accumulate roughly $531 million in net assets within the first week.  Related Reading: Institutional Investors Are Buying XRP And Solana At An Accelerated Rate While They Dump Bitcoin Although this is smaller compared to the $1.5 billion Bitcoin ETFs recorded in their first week and the $1.17 billion seen by Ethereum ETFs, it is still a remarkable figure for a newcomer that entered the market during a period of volatility and cautious sentiment. Despite choppy trading conditions, Solana’s ETFs managed to attract consistent daily inflows between $37 million and $70 million through most of the week before a moderate slowdown to around $9.7 million on the seventh day.  Capital Flows Shifting With Bitcoin And Ethereum Struggles The steady inflows into Solana ETFs are notable, particularly because they are happening during a difficult stretch for the broader crypto market, one that has placed Bitcoin under pressure of losing the $100,000 psychological level. Related Reading: XRP And Solana Set New $3 Billion All-Time High As Interest Explodes Data from SoSoValue reveals that Spot Bitcoin ETFs recorded a six-day run of outflows between October 29 and November 4, totaling around $2 billion in withdrawals. The single largest daily outflow occurred on November 4, when $577.74 million exited the funds. Spot Ethereum ETFs also faced a similar pattern, losing approximately $837.66 million over the same period. The split between Solana’s rising inflows and the sustained outflows from Bitcoin and Ethereum shows a subtle but important modification in investor sentiment. Although, it is important to note that both Bitcoin and Ethereum ETFs witnessed positive flows in the past trading day, and bullish investors can only hope it continues to stay this way. Even so, Solana ETFs are in their early stages and still have a considerable distance to cover before matching the size and liquidity of Bitcoin and Ethereum’s products. At the time of writing, Bitcoin is trading at $101,482, down 1.6% in the past 24 hours, while Ethereum is trading at $3,336, a 1.2% decline over the same period. Solana ETF inflows are yet to reflect in the cryptocurrency’s price, as it is down by 1.4% and 15.3% in the past 24 hours and seven days, respectively, and is trading at $157. Featured image from Adobe Stock, chart from Tradingview.com

Solana’s recent pullback appears to be finding direction as the price drifts toward the $160 zone, a level attracting strong-handed investors. Despite short-term weakness, sentiment around SOL remains steady, with traders viewing the dip as a potential accumulation opportunity before momentum shifts back in favor of the bulls. Triangle Breakdown Brings SOL To A Critical Accumulation Zone According to the latest outlook from Crypto VIP Signal, Solana’s price recently broke out of a downward triangle, signaling a temporary shift in market structure. This move has brought SOL down to a crucial support region where buyers have previously shown strong interest. The reaction from this area will likely determine whether the market stabilizes for a rebound or continues its downward trajectory in the short term. Related Reading: Solana Price Drops Below $180 Despite $199M ETF Inflows, What’s Behind the Decline? At present, Solana is hovering around the $160 zone, which many analysts view as an important accumulation range. Historically, this level has acted as a reliable base where bullish momentum often begins to build. If demand increases and the broader market sentiment improves, SOL could see a bounce that propels it back toward higher resistance levels.  Even with this potential upside, caution remains necessary. Market volatility continues to influence price movements, and a decisive drop below the $150 level could signal a deeper bearish extension. The expert noted that setting a stop-loss slightly under $150 helps protect against this scenario while allowing room for short-term fluctuations. For now, speculation is whether Solana can hold its current support and attract renewed bullish pressure, potentially marking the start of a recovery phase in the coming days. Solana Steadies At Key Weekly Levels Amid Market Slowdown In a recent post on X, CryptoPulse highlighted that SOL is currently holding around key weekly levels as it works to regain strength following recent market pullbacks. The analyst noted that despite short-term weakness in momentum, the overall market structure remains resilient, suggesting that the asset could soon stabilize and prepare for its next move. Related Reading: Solana (SOL) Decline Intensifies — Bears Tighten Grip, Recovery Looks Unlikely According to CryptoPulse, Solana’s long-term outlook is supported by solid fundamentals and a growing ecosystem. The project continues to attract increasing adoption across decentralized finance (DeFi), NFTs, and enterprise applications. Moreover, heavy institutional interest has further strengthened confidence in Solana’s potential to remain one of the leading blockchain platforms in the crypto space. At the moment, CryptoPulse recommends maintaining a neutral and patient stance as the price consolidates, which could offer a more favorable entry point, especially if SOL begins to recover. Once momentum returns, the analyst believes Solana could swiftly reclaim higher resistance levels and potentially resume its broader upward trajectory. Featured image from Pxfuel, chart from Tradingview.com

Bitwise Chief Investment Officer Matt Hougan is now applying his long-standing Bitcoin framework to Solana — and he’s calling the setup “explosive.” In an October 29 memo, Hougan says the best trades in crypto are the ones where you get “two ways to win” with one position. For Bitcoin, he defines those two bets as: “1) The global ‘store of value’ market will grow. 2) Bitcoin will take an increasing share of that market.” He says only one of those outcomes has to be true for Bitcoin to work. Hougan sizes that “store of value” market at roughly $27.5 trillion today, including about $25 trillion in gold and $2.5 trillion in Bitcoin. He argues investors focus too much on Bitcoin replacing gold and not enough on the overall market itself expanding. Related Reading: Solana Eyes $210 Before Its Next Major Move—Uptrend Or Fakeout Ahead? He notes that this market has already grown by roughly 10x in the last 20 years, from under $3 trillion in 2005 to $27.5 trillion today. In his view, if that repeats, Bitcoin can 10x without needing to fully displace gold. If, on top of that, Bitcoin also closes the gap with gold and ends up with half of the total store-of-value market, “every bitcoin would be worth $6.5 million.” He adds, “I’m not saying that will happen,” but he uses the math to show how powerful the dual-bet structure can be. Solana’s Dual Growth Could Mirror Bitcoin Hougan now argues Solana fits the same model. “When I invest in Solana, I am also making two bets at once,” he writes. Those two bets are: “1) The stablecoin and tokenization infrastructure market will grow. 2) Solana will win an increasing share of that market.” He defines that market as the set of blockchains that power stablecoin payments and asset tokenization today. He names Ethereum as “the market leader,” and lists Tron, Solana, and Binance Smart Chain as major challengers in stablecoins. Together, he says, those networks represent $768 billion in market value. Solana’s share of that is $107 billion, or roughly 14%. For Hougan, that is the opening. He says he has “a lot of confidence that the stablecoin and tokenization infrastructure market will grow,” and argues most people “significantly underestimate how much these technologies will remake markets.” His long-run claim is blunt: “Over time, I suspect nearly all payments will be in stablecoins and nearly all assets will be tokenized.” If that plays out, “the blockchains that facilitate this growth will be extremely valuable.” He calls it “easy to imagine this market growing by 10x or more.” Related Reading: Bitwise CIO Predicts Solana Staking ETF Will Be ‘Huge’ As First Day Volume Hits $56M The second part, in his view, is Solana’s ability to capture more of that expansion. He calls Solana “fast” and “user-friendly,” backed by a community with a “ship-fast attitude.” He also notes that Solana is still “playing catch-up” in winning institutional mandates, but says that is starting to change. As an example, he cites Western Union’s announced stablecoin effort this week, and points out that Western Union chose Solana as the underlying blockchain. Hougan’s argument is that if the overall market for stablecoin settlement and tokenized assets 10xes, and Solana grows its share of that market from 14%, the result is not linear — it compounds. “If I’m right,” he writes, “the combination of a growing market and a growing share of that market will be explosive for Solana. Just as with bitcoin.” He closes with a note on positioning. Crypto, he says, rewards humility because “even the most seasoned experts don’t know exactly how things will play out.” But he says you can still tilt odds in your favor by owning assets that embed two high-conviction bets at once. In his view, Bitcoin already fits that profile. Solana now does too. At press time, SOL traded at $186. Featured image created with DALL.E, chart from TradingView.com

The Solana decentralized finance (DeFi) ecosystem just gained another powerful addition with the launch of SolsticeFi. This innovative new platform is poised to introduce a much-needed layer of risk-controlled yield generation, directly addressing one of the primary concerns for users venturing into the safety of their deposited capital. SolsticeFi is reimagining how investors earn on Solana by introducing a defensively engineered approach to yield, one that directly protects the value of user deposits. According to crypto commentator Madissa’s post on X, one of SolsticeFi’s most compelling features is its ability to allow users to continue earning staking rewards while keeping their assets liquid and usable across the broader DeFi ecosystem. How SolsticeFi Balances Risk While Generating Yield This innovation created continuous opportunities for user to deploy their capital in other protocols without interrupting their base yield, instead of locking up funds. SolsticeFi platform is designed to prioritize full transparency and validator diversification, minimizing exposure to single-validator risks and opaque yield platforms. Furthermore, depositing capital into SolsticeFi provides support for SOL’s network security while generating sustainable returns for users. Related Reading: Solana Stays Strong: Network Outperforms Rivals Amid AWS Outage Turmoil Crypto analyst Hokage has also mentioned how Solana is improving and completely revolutionizing financial transaction speeds in traditional finance (TraFi), where transfers take days, settlements drag, and middlemen slow everything down. SOL has changed the game by creating a new block every 400 milliseconds, and currently, the central to this acceleration is Bam, the new block assembly marketplace. This Bam will speed up how quickly user transaction gets picked up and integrated into a block, and slash inclusion times to an astonishing 50-100 milliseconds. Building on this is Alpenglow, which takes finality down to an incredible 100-150 milliseconds faster than a blink, and the point where the network confirms the user transaction is 100% done and irreversible. One project that stands out in these ultra-fast ecosystem steps is SolsticeFi’s USX, a stablecoin specifically built to move at that speed, which enables users to send dollars, deploy capital, and settle instantly. Hokage concluded that “while these advancements might sound like pure sci-fi, if you’ve been around the SOL ecosystem, you would know it’s not.” Market Confidence Returns To Solana While SolsticeFi provides speed and reduces risk to Solana yield platforms, KOLS Manager at Binance, investor, and trader BitGuru, has noted that SOL’s price is currently showing a strong bullish setup, after following a steady downtrend and now stabilizing near key support. Related Reading: Solana Pauses To Recharge – Will $195 Support Hold The Line For A Comeback? As a result of that action, the SOL market is now pulling back with considerable strength, aiming to break above the critical $210 resistance level, a zone that has capped multiple attempts at recovery. A decisive breakout above $210 would likely trigger SOL’s next leg higher toward $230 and beyond. Featured image from Adobe Stock, chart from Tradingview.com

Anatoly Yakovenko, co-founder CEO of Solana Labs, has unveiled plans for a new decentralized exchange (DEX) named Percolator, designed as a sharded perpetuals protocol built directly on the Solana blockchain.  The platform aims to provide a self-custodial and high-speed solution for perpetual futures trading, allowing crypto traders to speculate on price movements without the limitation of expiry dates. Solana’s Percolator Documentation Released The documentation for Percolator was released on GitHub, where it is described as “implementation-ready.” It introduces two primary components: a Router and a Slab program.  The Router manages collateral, portfolio margins, and cross-slab routing, while the Slab program functions as a matching engine overseen by liquidity providers (LPs). Each slab operates independently, enabling what Yakovenko refers to as “fully self-contained matching and settlement.”  Related Reading: Analyst Uses AI To Show How The XRP Price Could Rally To $1,700 This design ensures that any issues arising from a particular slab do not affect users who have not interacted with it. Yakovenko emphasized the advantages of this architecture, stating: This design keeps each LP’s slab fully self-contained and innovable, while the Router guarantees atomic routing, portfolio netting, and capability-scoped safety.  The project’s GitHub repository already shows completed data structures for order books and memory pools, although the development of liquidation systems is still in progress. However, no official launch date has been announced. Competition In Derivatives Market Intensifies Currently, the Solana Foundation has not disclosed whether Percolator will receive formal ecosystem support or if it will emerge as a community-driven protocol.  Should it succeed, Percolator would add to the expanding repertoire of native financial primitives being developed on the Solana blockchain, which already includes decentralized options, lending protocols, and tokenized asset platforms.  At present, the code for Percolator remains under review on GitHub, and developers engaged with the repository indicate that the project is “deep in testing.” This suggests that a launch could be imminent, provided that the liquidation and governance components are finalized. The introduction of Percolator comes at a critical time, as competitors like Hyperliquid (HYPE) are expanding their presence in the derivatives-focused DEX space.  Related Reading: ‘Buy Of The Century’: Cardano Could Be The 2026 Game-Changer Under $0.20 — Analyst Hyperliquid recently implemented permissionless, builder-deployed perpetual contracts through its HIP-3 upgrade, allowing users to stake a minimum of 500,000 HYPE tokens—approximately $18 million—to launch their own perpetual markets with independent margin rules. Hyperliquid accounted for 35% of all blockchain revenue in July, attracting users away from platforms like Solana, Ethereum (ETH), and BNB Chain. Asset manager VanEck recently noted that Hyperliquid has successfully retained high-value users, thanks in part to its “simple, highly functional product.” As of press time, SOL is trading at $187.70, marking a 20% loss over the past fourteen and thirty days. This puts SOL 35% below its all-time high of $293, which was reached earlier this year.  Featured image from DALL-E, chart from TradingView.com 

John Bollinger, the inventor of Bollinger Bands and a figure whose occasional crypto market calls carry outsized weight, says Ethereum and Solana are tracing potential “W” bottoms—while Bitcoin is not. In a post on X on October 18, Bollinger wrote: “Potential ‘W’ bottoms in Bollinger Band terms in ETHUSD and SOLUSD, but not in BTCUSD. Gonna be time to pay attention soon I think.” Potential ‘W’ bottoms in Bollinger Band terms in $ETHUSD and $SOLUSD, but not in $BTCUSD. Gonna be time to pay attention soon I think. — John Bollinger (@bbands) October 18, 2025 Ethereum And Solana Price: What To Watch Now The emphasis on “Bollinger Band terms” is doing heavy lifting here. In classic Bollinger taxonomy, a W bottom is a two-trough reversal with the second low holding above the first, often accompanied by a volatility signature that includes a prior band expansion, subsequent contraction, and a failure to register a lower low at the bands on the second leg. Related Reading: Ethereum Kimchi Premium Spikes To New High — Sign Of Impending Sell-Off? The more robust versions see the second low forming inside the bands or with a positive divergence against the lower band, followed by a band “pinch” and a move through the middle band that transitions into an upper-band walk. Bollinger’s phrasing—“potential” and “time to pay attention”—signals that, in his framework, pattern recognition precedes confirmation, and that the validation trigger lies in subsequent price interaction with the middle and upper bands rather than in the raw shape of the price lows alone. The rarity of Bollinger’s crypto commentary layered urgency onto the signal. As crypto trader Satoshi Flipper (@SatoshiFlipper) stressed, “John Bollinger, creator of Bollinger Bands, makes barely 1 crypto call per year and hasn’t made one for ETH in 3 years until yesterday. And each call he makes goes on to mark generational bottoms. He just told us SOL + ETH have bottomed, now imagine fading this legend.” The same account detailed that Bollinger’s last notable Ethereum call dates to September 9, 2022, noting that ETH “went on to pump from $1,290 to $4,000.” That historical reference captures the prevailing market psychology: Bollinger’s infrequent, technically disciplined alerts are perceived by many traders as cycle-defining. Context from earlier this year also helps frame the setup. On April 10, Bollinger publicly flagged a similar structure in Bitcoin, saying: “Classic Bollinger Band W bottom setting up in BTCUSD. Still needs confirmation.” In the exact same week, BTC carved out a bottom at $74,508 and proceeded to log seven straight green weekly candles, advancing roughly 55%. From Bollinger’s call into the first week of October, BTC rallied more than 70%. Related Reading: Ethereum Will Flip Bitcoin, Predicts Tom Lee: Here’s Why And When The market nuance in Bollinger’s latest readout is the explicit exclusion of Bitcoin. If ETHUSD and SOLUSD are printing W-like structures in Bollinger terms while BTCUSD is not, it implies a temporary decoupling in volatility structure and relative strength. In practical terms, a non-confirming Bitcoin can either lag into a later confirmation, remain range-bound in a mid-band churn, or fail its own setup if lower-band interactions persist without recapture of the middle band. For Ethereum and Solana, confirmation would typically look like sustained closes above the 20-period moving average (the Bollinger middle band), followed by a disciplined advance that converts the upper band from resistance into a guide. A healthy W bottom sequence tends not to produce immediate, vertical band overthrows; rather, it builds a stair-step profile with periodic mid-band checks that hold. Failure would involve another lower-band excursion that undercuts the second trough or a volatility bloom that widens the bands without directional follow-through—both signatures of an incomplete base. At press time, ETH traded at $4,037. Featured image created with DALL.E, chart from TradingView.com

Solana meme economy has evolved into one of the most explosive forces in crypto, and the community is now moving billions in daily trading volume. The culture surrounding SOL’s meme coins has become a foundational driver of its network activity, liquidity, and overall market dominance in decentralized exchange (DEX) trading. How Meme Liquidity Fuels Solana’s Growth Crypto analyst known as BagCalls on X has pointed out that the memecoin menia and Degen energy culture of Solana is what defines the project. This is where the project SolsticeFi steps in, and it’s building a native stablecoin and yield infrastructure designed to anchor the ecosystem. By offering institutional-grade yields through delta-neutral strategies and its YieldVault, the project is positioning itself as a cornerstone of maturity in SOL’s DeFi landscape. Related Reading: Solana Network Activity Drops 50%: Is The Rally Built On Weak Fundamentals? BagCalls noted that this kind of innovation transcends the customary hype cycle. It also generates a lasting and underpinning aspect in the SOL decentralized finance (DeFi) ecosystem, which marks an impressive move toward the maturation of the on-chain financial environment of the network.  The Founder of BITMEN, BitmanTW, has also offered a compelling vision for Solana’s trajectory, that the SOL network is turning the internet’s capital market. SOL has already decisively scaled transactions, proving its capacity for high throughput and low-cost operations, while scaling its yield. At the center of this evolution is SolsticeFi, the project that’s building a baseline yield layer for SOL’s DeFi ecosystem, which Bitman calls the missing piece. Powered by USX and YieldVault, SolsticeFi delivers institutional-grade performance with a native-first design.  The core of this new infrastructure is USX, a Solana-native synthetic stablecoin, which has seen explosive adoption, surpassing $210 million in Total Value Locked (TVL). By attracting over 18,000 holders, USX has become the 5th largest stablecoin on SOL in just four days.  Meanwhile, YieldVault provides access to tokenized delta-neutral strategies, currently delivering around 8% APY and boasting 100% positive months over the past three years. With eUSX, users can earn a baseline yield while remaining fully flexible to move liquidity into any DeFi opportunity. Solana’s Continued Functionality As A Core Strength According to the first Korean certified Elliott wave analyst, XForceGlobal, Solana remains one of the few assets that still works correctly within its broader market structure, even after posting an impressive 150% bounce from recent lows.  Related Reading: Solana (SOL) Price Risks Drop Below $200 After Losing Key Support, Analyst Warns XForceGlobal emphasized that SOL appears to be nearing the conclusion of its B wave, a phase in Elliott Wave theory often characterized by retracement and correction before the next impulsive move. The analyst suggests this B wave has either already completed near the 88.6% Fibonacci retracement level, or could still be working toward a final all-time high (ATH) fake-out into an expanded B pocket. Featured image from Adobe Stock, chart from Tradingview.com

The Solana price rebounded quite nicely from the October 10 crash, quickly reclaiming $200 after hitting as low as $150 on some crypto exchanges. Despite this, though, the altcoin is still not out of the woods, with bearish indicators that seem to be piling up around it. Unless something changes soon, the Solana price could be gearing up for another major hit that could send it down even lower than the legendary flash crash. Friday’s Crash Was Only Confirmation Of Bearish Pattern For Solana Price While the broader market thinks that the October 10 crash has come and gone, leaving the market in a more bullish state, one analyst deviates from this and believes that this has actually set the Solana price on a more bearish path to more declines. Related Reading: Analyst Reveals The Chances Of The XRP Price Rallying 300% To $9 This Bull Run According to an analysis shared on the TradingView website, crypto analyst Klejdi Cuni shows that the Solana price actually confirmed a larger bearish pattern after the crash triggered by Donald Trump’s 100% tariff comments on China. As a result, the entire bearish trend is yet to actually play out. Not only is the Solana price already on track for more corrections, but it is also further at risk as the Bitcoin price struggles to hold up. After initially recovering, the Bitcoin price has since been on a slow decline, and altcoins such as Solana have been affected as well. With the Bitcoin price already struggling, the analyst believes that the Solana price is already looking at a decline to at least $170. However, in the event that the entire bearish narrative does play out, then the Solana price is at risk of crashing 50% to $104. SOL ETFs Could Change The Narrative Amid the expected bear pressure, there is still the topic of pending Solana ETF applications that could change the entire narrative. Data from The Block website shows a total of 11 Solana ETFs that are pending a decision from the Securities and Exchange Commission (SEC). Related Reading: Is Bitcoin About To See A Repeat Of 2020-2021? What Happened After The Last Flash Crash If these Solana ETFs are approved for trading, it could trigger a large influx of institutional liquidity into the altcoin. Just like the trend seen with the Bitcoin and Ethereum ETFs, this could lead to a surge in the Solana price, effectively eliminating the bears from the table. At the time of writing, the Solana price was still trending above $200. However, with the Bitcoin price skirting around $111,000, it is possible that the altcoin could suffer a crash below $200 before finding its footing once again. Featured image created with Dall.E, chart from Tradingview.com

The sudden and violent market correction triggered by geopolitical shockwaves served as an unprecedented stress test for the entire cryptocurrency ecosystem, exposing critical differences in network architecture. While the multi-billion-dollar liquidation event sent prices plunging across the board, Solana demonstrated remarkable resilience, whereas the Ethereum network and liquidity thinned during the peak volatility. Why Solana High-Performance Design Continues To Shine In an X post, the Nasdaq-listed go-to Solana Digital Asset Treasury (DAT), DefDevCorp, has revealed that when the largest liquidation event in crypto history hit last Friday, most of the market froze, and Ethereum stumbled. However, Solana didn’t flinch, powering through one of the most chaotic trading sessions ever recorded. Related Reading: Solana Shines Bright: Network Excels Amid Largest Crypto Liquidation Event At the peak of volatility, Solana sustained 1,225 transactions per second, finalized blocks in just 350 milliseconds, and saw transaction fees briefly rise to $0.25 before normalizing below $0.01. Meanwhile, ETH’s infrastructure buckled under demand as the network struggled to process beyond 26 TPS. Its block times extended to 15 seconds, and saw average gas fees explode to $616, effectively locking out users and rendering the chain unusable during the crisis. ETH became unreliable, impractical, and effectively unusable during the chaos. As DefiDevCorp noted, when users are priced out and transactions can’t clear, the network might as well be offline. In moments of high load, the core promise of a blockchain to remain accessible, affordable, and reliable must hold. However, after nearly 20 months of uninterrupted uptime, weathering its busiest moments, it’s abundantly clear that SOL’s continued upgrades and optimizations have paid off dramatically.  DefiDevCorp concluded that no other chain currently comes close to handling global value transfer at this scale, under such extreme conditions, with the same level of performance. The takeaway from the firm’s post is that only SOL stays fast, cheap, and usable, even when global markets melt down. Why SOL Price Doesn’t Match Its Reliability A Researcher at alphapleaseHQ and Advisor at KaminoFinance, Aylo, has also mentioned that he had assets and Decentralized Finance (DeFi) positions open on both Solana and Ethereum when the crypto market collapsed last Friday. During this time, he had zero issues using the SOL network, while the ETH network was unusable due to the costs, which often led to market crashes, and the Rabby wallet also went down. Related Reading: No Chain Comes Close: Solana Leads With 2.5x Ethereum’s Revenue Aylo added that the ETH maxis should be much angrier about the performance of their L1. With this development, SOL continues to prove it’s the most performant and reliable blockchain under real-world pressure that we have in crypto. He pointed out that SOL’s valuation doesn’t reflect the resilience it is proving in the digital world. Featured image from Adobe Stock, chart from Tradingview.com

Solana (SOL) is flashing a powerful bullish setup as it forms a classic cup and handle pattern on the monthly chart. With the 1.618 Fibonacci target sitting near $425 and the monthly MACD gearing up for a golden cross, momentum is building fast. As speculation around a potential Solana ETF approval heats up, traders are eyeing what could be the start of a major breakout rally. Cup And Handle Formation Signals A Major Bullish Setup Lark Davis, a well-known crypto analyst, recently shared an optimistic outlook on SOL, highlighting a significant technical formation that could set the stage for a major rally. According to Davis, Solana is currently developing a classic cup and handle pattern on its monthly chart. This setup often signals the potential for a strong bullish breakout once the pattern completes. Related Reading: Solana (SOL) Declines Again – Is This A Dip Worth Buying For Recovery? He further explained that the 1.618 Fibonacci extension level, which often serves as a key target during large upward moves, sits around $425. Adding to the bullish case, Davis noted that the monthly MACD indicator is also forming a golden cross. This powerful technical signal typically marks the beginning of a sustained uptrend.  Finally, with growing anticipation surrounding a potential Solana ETF approval, the analyst believes Solana could be on the verge of an exciting and rapid upward move, one that might redefine its position in the crypto market if the pattern unfolds as expected. Swift Recovery Pushes Solana Back Into Profit Territory Crypto VIP Signal, in a recent update, highlighted a notable shift in SOL market structure following a sharp move below the $200 level. The drop triggered a wave of liquidations among high-leverage long positions, causing weak hands to be shaken out of the market. This correction, however, proved short-lived as buying pressure quickly returned, showcasing strong support and renewed bullish momentum. Related Reading: Solana (SOL) Attempts Recovery – Yet Lacking Momentum Could Stall Bullish Breakout Following the dip, SOL rebounded impressively, allowing long positions to secure over 16% in profit from their initial entry points. Looking ahead, the analyst noted that Solana could be gearing up for a move toward the $250 resistance level, which stands as the next major hurdle for the bulls. A successful break and close above this level could open the door for additional gains and confirm the continuation of the broader uptrend. In terms of strategy, Crypto VIP Signal advised traders to maintain their long positions while implementing a stop-loss at breakeven to protect profits from any unexpected volatility. With bullish momentum returning to the market, careful position management could ensure traders remain well-positioned for the next potential leg higher. Featured image from Adobe Stock, chart from Tradingview.com

In recent months, Solana (SOL) has emerged as a formidable competitor to Ethereum (ETH), consistently outpacing its larger rival in various key metrics. Analysts from The Motley Fool have highlighted that while Solana is sprinting ahead, Ethereum seems to be trotting along in comparison. Ethereum’s Market Lead May Be At Risk  A particularly telling metric in this competition is the total value locked (TVL) within each ecosystem. TVL serves as an indicator of the capital deposited in a blockchain’s decentralized applications (dApps) and smart contracts.  A higher total value locked often signifies greater value within the ecosystem, reflecting growing user engagement and investment. Over the past year, Solana has seen its total value locked soar by approximately 198%, reaching around $38.5 billion.  Related Reading: Bitcoin Could Go To Zero, Hedge Fund CEO Warns Meanwhile, Ethereum has also doubled its total value locked, which now stands at approximately $362.7 billion. However, the growth rate of Solana’s ecosystem outpaces that of Ethereum, signaling a shift in user activity and interest. Despite Ethereum’s substantial lead in TVL, particularly in the stablecoin sector where it hosts around $161.1 billion compared to Solana’s $12.9 billion, the rapid growth of Solana’s ecosystem raises questions about its long-term market share.  The Motley Fool analysts suggest that if this trend continues, Solana could capture a significant portion of the market currently dominated by the Ethereum blockchain. Solana To Dominate The Tokenized Stock Market? One of the key factors contributing to Solana’s growth is its advantage in transaction speed and cost. As the market and interest for real-world asset (RWA) tokenization expands, Solana is said to be positioned as a preferred platform for issuing and trading tokenized stocks.  This segment of the tokenization market is continuously gaining traction, and Solana has already accumulated $69.2 million in tokenized stock value within just the last three months. In contrast, Ethereum holds $274.8 million in tokenized stocks, but much of that flow occurred only recently. Related Reading: XRP Explosion Ahead? Analysts Outline Longevity And Bold $200 Target Moreover, Solana’s total tokenized assets grew by 35% to reach $671.4 million in just 30 days ending on September 24, while Ethereum’s tokenized asset value saw only a modest 2% increase, reaching $9 billion.  The analysts concluded by stressing that the asset tokenization market is still in its early stages, and Solana appears well-positioned to capitalize on this opportunity.  When it comes to price growth, Ethereum is in the lead, having risen by over 50% year-to-date, compared to Solana’s 33% increase in the same period. At the time of writing, the price of SOL hovers just above the $209 mark, representing a 28% gap between current valuations and its record high of $293. Featured image from DALL-E, chart from TradingView.com