Solana (SOL) has emerged as the most popular blockchain ecosystem of 2025, securing its crown for the second consecutive year despite a significant decrease in chain-specific global interest compared to the previous year. Related Reading: Bitcoin Bearish Signals Are ‘Hard To Ignore’: Analyst Warns Of Drop To April Lows Solana Takes The Popularity Crown On Monday, Solana was named the leading blockchain ecosystem by popularity in 2025 by crypto data aggregator CoinGecko. The study examined interest in blockchain ecosystems based on CoinGecko’s non-botted global web traffic from January 1 to December 14, 2025, only including ecosystems with actively listed coins and a non-zero percentage share of traffic. As a result, a total of 62 blockchain ecosystems were included in the study. Out of the 62 blockchain ecosystems studied, the 20 most popular represented a majority of 95.60% of global interest in chain-specific narratives. According to the report, the Solana ecosystem captured 26.79% of the global interest in chain-specific narratives this year, retaining its title as the most popular blockchain ecosystem for a second consecutive year. The Base ecosystem followed in second place, accounting for 13.94% of global investor interest in chain-specific narratives this year, led by constructive developments and partnerships. However, its mindshare experienced a 2.9% decrease from the 16.81% recorded in 2024. Similar to Solana and Base, the Ethereum ecosystem also retained its position from the 2024 list, ranking as the third most popular ecosystem with 13.43% of global interest. Meanwhile, Sui and BNB Chain moved up in the list, ranking 4th and 5th after more than doubling their mindshare in 2025. Per the study, the Sui ecosystem recorded the largest mindshare growth, with a 6.9% year-over-year (YoY) increase to reach 11.77% of the total global interest in chain-specific narratives. The BNB Chain ecosystem saw a 4.9% surge YoY to capture 9.05% in mindshare, fueled by the launch of Binance Alpha in May, which increased BNB Chain’s on-chain trading volumes, the report noted. Notably, XRP Ledger, Bittensor & Hyperliquid lead new entrants into the top rankings, securing a spot in the top 10 this year. SOL Memecoins Out Of Leading Narratives Despite leading the popularity rankings, CoinGecko highlighted that the Solana ecosystem’s mindshare had significantly decreased from the 38.79% it had dominated in 2024. According to the study, the ecosystem dropped by 12% this year, reflecting the blockchain’s “struggles to expand beyond its close association with meme coin speculation, as well as Solana’s range-bound price despite wider institutional adoption marked by the US ETFs launch.” This resulted in the Solana ecosystem dropping out of the top leading narratives list this year. In a Friday analysis, CoinGecko reported that memecoin emerged as the most popular crypto narrative in 2025 with a combined 25.02% of global investor interest across the main meme coin category and 35 meme coin trends. This represented a 5.65% decline from the 30.67% market share that the memecoin narrative held in 2024, suggesting that “the mania for purely speculative crypto may be subsiding.” Related Reading: Dogecoin Could Stage A 600% Rally In 2026 If This Multi-Year Support Holds The Solana ecosystem lost its spot in the top five most popular crypto narratives, where it had ranked for the previous two years, after being overtaken by AI agents and the Made in USA narratives. Meanwhile, the Solana memecoin sector also dropped out of the top five narratives after a 3.08% decline in global investor interest from 2024. Nonetheless, “it remains to be seen whether the Solana narrative will be able to ride on new catalysts next year, as momentum from its comeback story runs out,” CoinGecko added. As of this writing, SOL is trading at $126, a 2.61% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Ethereum remains the most consequential blockchain ever built. It introduced programmable money, anchored the decentralized finance (DeFi) sector, and serves as the primary venue for the world’s most secure smart contracts. By legacy measures, its dominance is undisputed because it holds the deepest developer ecosystem, the largest pool of locked capital, and plays a central […]
The post Ethereum is fighting for survival as insiders warn a “dangerous complacency” could make it irrelevant by 2030 appeared first on CryptoSlate.
Solana’s network took a notable step this week as Firedancer, a validator client developed by Jump Crypto, began running on the mainnet, and markets reacted quickly. Related Reading: Is Dogecoin Waking Up? Critical On-Chain Metric Explodes Higher According to Solana’s announcement, the client moved out of a controlled testing phase and is now active for real-world validation. Traders pushed SOL up about 5%, with the token trading close to $140 during the initial move. Firedancer Goes Live On Mainnet During more than 100 days of controlled tests, a small set of validators produced more than 50,000 blocks without downtime, according to reports. Built in C and C++, Firedancer was made to handle heavy workloads and to lower the chance of network interruptions. Test environments reportedly showed the client processing over 1 million transactions per second, a figure that far exceeds current mainnet throughput. BREAKING: After 3 years of development, Firedancer is now live on Solana Mainnet, and has been running on a handful of validators for 100 days, successfully producing 50,000 blocks ???????? pic.twitter.com/Y0WxxEj2WL — Solana (@solana) December 12, 2025 That high number comes from lab-style tests, not live traffic, and should be read as experimental performance rather than everyday capability. Solana co-founder Anatoly Yakovenko marked the transition as a step out of a long beta cycle for the network. Early Adoption And Stake Adoption is still small in terms of stake. The first Firedancer nodes hold under one percent of total staked SOL, and that share is expected to grow as operators add it to their setups. Reports have disclosed that a December rollout prompted more than 20% of validators to move from earlier experimental clients, showing a rapid shift among some operators. Running multiple validator clients reduces dependence on a single software implementation. If one client encounters a bug, others can keep block production running. That diversity mirrors how other large proof-of-stake chains operate. Why This Matters For Validators And Apps Validators and developers stand to benefit if Firedancer keeps meeting its goals. Faster or more reliable validation could mean more capacity for apps that need many transactions per second. For node operators, the option to mix clients offers an added safety net. Still, the network’s real-world load will be the true test, and watchers say they will be looking at uptime and performance over the coming weeks. Related Reading: Do Kwon Falls Hard — Terraform Labs Chief Gets 15 Years For Wire Fraud Market Moves And Technical Signals The announcement coincided with a clear market flow into SOL. Reports have disclosed $11 million in inflows to Solana ETFs on the day of the news, while Bitcoin saw outflows of $77.30 million and Ethereum $42.35 million. Featured image from Phantom, chart from TradingView
Solana (SOL) is gradually entering a new phase of institutional visibility as recent developments in tokenized finance and cross-chain asset integration draw increasing attention to the network. Related Reading: What’s Happening With The Bitcoin, Ethereum, And Dogecoin Prices Recently? From a high-profile commercial paper issuance to plans for bringing XRP onto Solana, the blockchain is positioning itself at the center of experiments that could reshape how digital assets interact with traditional markets. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Institutional Activity Accelerates With New Tokenized Bond Deal J.P. Morgan’s arrangement of a $50 million tokenized commercial paper issuance for Galaxy Digital marks one of the clearest signals yet that major financial institutions are warming to public blockchain infrastructure. The short-term debt instrument was issued on Solana, with Coinbase and Franklin Templeton purchasing the tokenized asset, and settlement conducted in USDC. The bank created the on-chain token representing the bond and handled primary settlement, positioning the project as a practical test of how public networks could support regulated financial transactions. The move shows Solana’s growing role in real-world asset tokenization, a sector projected by industry analysts to reach trillions of dollars over the next decade. For Solana, the deal is also a strategic validation. While the chain is widely known for retail and developer activity, institutional adoption has historically been slower to materialize. Seeing a large financial institution test a foundational market instrument on Solana offers a clearer path to deeper enterprise use cases. Solana – XRP Integration Signals Cross-Chain Expansion Alongside the bond issuance, Solana is preparing for the arrival of XRP through a partnership with Hex Trust and LayerZero, which will issue wrapped XRP (wXRP) on the network. The integration aims to extend XRP’s liquidity and utility into Solana’s fast-moving DeFi environment, enabling lending, liquidity provision, and other decentralized applications. Hex Trust confirmed that wXRP will be fully backed 1:1 with native XRP held in segregated custody accounts, supported by more than $100 million in initial liquidity. The addition may also influence XRP’s market structure, as wrapped supply requires native XRP to be locked, potentially tightening liquidity during high-demand periods. For Solana, the asset brings an established user base and deeper liquidity pools. For XRP, the move broadens its utility across high-performance decentralized markets that prioritize low-cost transactions and throughput. A Broader Shift in Market Perception These developments come as industry figures, such as Anthony Scaramucci, publicly reiterate their bullish outlook on Solana, arguing that the network’s growth trajectory could surpass Ethereum’s in market capitalization. While the claim remains speculative, the combination of institutional pilots, cross-chain integrations, and expanding developer activity suggests Solana is strengthening its position as a platform for both consumer and enterprise-grade applications. Related Reading: Do Kwon Falls Hard — Terraform Labs Chief Gets 15 Years For Wire Fraud As more financial instruments move on-chain and cross-chain interoperability gains traction, Solana’s latest milestones point to a network increasingly aligned with where digital markets may be heading next. Cover image from ChatGPT, SOLUSD chart from Tradingview
Fogo will airdrop the tokens set aside for a pre-sale next week, a change in strategy to better distribute tokens and reward early users.
Firedancer could boost client diversity on Solana, which historically has been dominated by forks of Solana Labs' original codebase.
The integration adds real-time odds, settlement notifications, and live community chat alongside Phantom's existing trading tools.
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
JPMorgan created the Solana-based USCP token to facilitate sales of short-term corporate debt, beginning with Galaxy.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
While its perpetual contracts remain unavailable to U.S. traders, dYdX Labs said it will track regulatory developments from the SEC and CFTC.
On-chain data shows the Solana Realized Profit/Loss Ratio has dipped into the loss-taking zone recently, a sign that SOL liquidity has thinned. Solana Liquidity Back At Levels Associated With Bear Markets According to data from on-chain analytics firm Glassnode, Solana liquidity has recently contracted to levels that are typically witnessed in a bear market. There are many ways “liquidity” of a cryptocurrency can be assessed, but here, Glassnode has used the Realized Profit/Loss Ratio. Related Reading: Bitcoin In An Opportunity Zone? Hash Ribbons Flash New Buy Signal This indicator measures, as its name already implies, the ratio between the amount of profit and loss that the SOL investors as a whole are realizing through their transactions. The metric works by going through the transaction history of each coin being sold on the network to see what price it was last moved at. If the previous transaction price was less than the latest selling price for any token, then the indicator considers its sale to have realized a net gain. Similarly, the metric adds transactions to the loss-taking category in the opposite case. The exact amount of profit or loss realized in any transfer is naturally equal to the difference between the latest price and last selling value. The indicator adds up this value for both categories and determines the ratio. Now, here is the chart shared by the analytics firm that shows the trend in the 30-day moving average (MA) of the Solana Realized Profit/Loss over the last few years: As displayed in the above graph, the Solana Realized Profit/Loss witnessed a sharp spike during the price rally in September. This suggests that profit taking saw an explosion. The indicator maintained at high levels for a while, but following the price peak in October, its value went downhill fast. In November, the Realized Profit/Loss breached below the 1 mark as SOL plummeted. A value less than 1 on the metric implies loss realization is outpacing profit taking. Since this breakdown, the indicator has only gone lower inside the loss-taking region, a sign investor capitulation has only been becoming more dominant. Glassnode has noted that the trend signals “liquidity has contracted back to levels typically seen in deep bear markets.” During the 2022 bear market, Solana remained in these conditions for a few months before its price found a bottom. Related Reading: Bitcoin Speculation Muted: Glassnode Analyst Calls Perps A ‘Ghost Town’ It now remains to be seen whether the low liquidity will also persist for the cryptocurrency this time, or if the fall into the loss region is only a temporary one for the indicator. SOL Price Solana surged to $144 on Tuesday, but the coin has seen a fall back to $138. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Solana’s (SOL) market structure is entering a tense phase, shaped by thinning liquidity, elevated leverage, and conflicting signals across institutional flows and derivatives markets. Related Reading: The Current Bitcoin Price Pump Will End In A Crash – Here’s When To Start Selling While price movements remain within familiar ranges, the underlying conditions paint a more complex picture, one that traders are watching closely for signs of either exhaustion or a sharp reversal. Recent sessions have seen Solana drift between $128 and $145, with brief rebounds lifting it toward the upper end of this range. However, liquidity indicators suggest a deeper reset is taking shape. Analysts note that these conditions often precede turning points, though they can amplify volatility in the short term. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview SOL Liquidity Drops to Bear-Market Levels On-chain data shows Solana’s 30-day realized profit-to-loss ratio has stayed below 1 since mid-November. This pattern, more losses being realized than gains, typically marks a liquidity contraction similar to historical bear-market phases. Analysts at Altcoin Vector describe the current setup as a “full liquidity reset,” a process that typically takes several weeks to resolve. That backdrop aligns with observations from SynFutures, whose team cites realized losses, declining futures open interest, and fragmented liquidity pools as contributing factors. Market-makers have also pulled back, thinning order books even as realized volatility increases. The effect is a market highly sensitive to sharp moves, particularly around key liquidation clusters. A notable risk is emerging around the $129 level, where nearly $500 million in long positions would be liquidated if the price retests that zone. With $15.6 million in SOL contracts wiped out in the last 24 hours alone, the market remains vulnerable to cascades. Similarly, exchange balances continue to drop, and spot ETFs have brought in more than $17 million this week, signaling accumulation despite broader stress. Volatility Builds as Derivatives and Spot Activity Diverge Derivatives data reflect a cautious but engaged trading environment. Open interest has climbed back above $7.2 billion, rising in tandem with a rebound in daily volume. This type of build-up during a quiet price phase often signals positioning ahead of a larger move. Long-to-short ratios have shifted bullish in recent days, and funding rates remain positive, although traders are becoming increasingly sensitive to macroeconomic catalysts. Spot markets tell a different story. Liquidity is thin, and deep-cycle reset metrics point to selling exhaustion rather than active expansion. This divergence, characterized by high derivative activity against weakening spot liquidity, typically precedes volatility spikes. Key Solana Levels Ahead as Market Awaits a Cycle Turn Technically, Solana remains stuck between established boundaries. The $145 resistance zone has capped multiple attempts to break higher, while support around $135 and deeper levels near $129 hold significance for traders monitoring liquidation risk. Momentum indicators are stabilizing, and the MACD is edging toward a potential positive crossover. Analysts note that past liquidity resets have been followed by rapid upside moves once conditions improved; however, the timing remains uncertain. Related Reading: NFT Slump Worsens With Monthly Sales Hitting Rock Bottom Currently, Solana sits at the center of a tug-of-war between cautious sentiment, thinning liquidity, and steady institutional flows. Whether these opposing forces resolve into a recovery or further volatility may depend less on price action alone and more on how quickly liquidity returns to the ecosystem. Cover image from ChatGPT, SOLUSD chart from Tradingview
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
Solana failed to stay above $142 and corrected gains. SOL price is now trading below $140 and might find bids near the $135 zone. SOL price started a downside correction below $142 against the US Dollar. The price is now trading above $135 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $135 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $135 zone. Solana Price Starts Downside Correction Solana price failed to surpass $145 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $142 and $140 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $131 swing low to the $145 high. However, the bulls are active near $136. There is also a bullish trend line forming with support at $135 on the hourly chart of the SOL/USD pair. Solana is now trading above $135 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $140 level. The next major resistance is near the $145 level. The main resistance could be $148. A successful close above the $148 resistance zone could set the pace for another steady increase. The next key resistance is $155. Any more gains might send the price toward the $165 level. More Losses In SOL? If SOL fails to rise above the $142 resistance, it could start another decline. Initial support on the downside is near the $136 zone and the 61.8% Fib retracement level of the upward wave from the $131 swing low to the $145 high. The first major support is near the $135 level and the trend line. A break below the $135 level might send the price toward the $132 support zone. If there is a close below the $132 support, the price could decline toward the $125 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $135 and $132. Major Resistance Levels – $142 and $145.
Privacy-focused blockchain project Octra said the sale allocation could increase if demand is high. Any unsold tokens will be burned.
The Solana price is entering a decisive phase as its action tightens below the $140 barrier, a level that has repeatedly capped attempts at recovery. After months of sustained selling pressure and increased whale activity, the market is now watching whether Solana can hold its recent gains or slip back toward lower support zones. Related Reading: What’s Happening With XRP And Why Did Its Spot ETF Crash 20%? This comes at a time when analysts, on-chain trackers, and market participants are also assessing the broader influence of KOL (Key Opinion Leader) predictions, many of which have dramatically misaligned with Solana’s actual price trajectory over the past two months. SOL's price sees some small gains on the daily chart. Source: SOLUSD on Tradingview Solana Price Stalls Below Key Resistance SOL is currently trading just under $138 after a modest recovery from the $128 low. Technical data indicates that the Solana price is struggling beneath a dense cluster of moving averages, with the 20-day EMA at $138 repeatedly rejecting upward attempts. The intraday structure remains corrective, as rallies tend to fade before gaining traction. A sustained close above $140 remains the key threshold. Clearing it could open immediate targets near $142 and later $150. However, failure at this level risks renewed pullbacks toward $132, and deeper weakness could revisit $128 region. Short-term indicators offer mixed signals. The hourly RSI remains above 50, while the MACD leans slightly bullish, suggesting that momentum exists but lacks conviction. KOL Predictions Scrutinized as Market Cap Declines Solana’s market cap has fallen roughly 40.5% over the past two months, contradicting bullish influencer claims made earlier in the quarter. Data from Santiment shows how traders predict a near-term all-time high, only for SOL to continue its downward slide. This divergence is leading analysts to lean more heavily on tools like the KOLs_Tracker, which ranks influencer performance and helps identify when certain calls may function as contrarian signals. The gap between predictions and actual performance has added an extra layer of volatility to Solana’s narrative, as traders use social sentiment data alongside traditional indicators to gauge market direction. With network activity and flows still subdued, traders are approaching such predictions with increased caution. Liquidity Shifts Highlight Whale Influence On-chain activity shows notable movement from large holders, including a whale that recently transferred 100,000 SOL to Binance, part of a broader trend that has seen over 600,000 SOL moved to exchanges since April. While not enough to move the market on its own, such consistent selling reinforces resistance zones and limits recovery momentum. The address still holds more than 700,000 SOL, meaning additional liquidity could enter the market if the Solana price approaches previously favored selling levels. Related Reading: Ethereum Founder Breaks Silence With Major Upgrade Proposal As the Solana price deals with this tight range, market participants remain focused on whether buyers can establish a base above $138–$140. Until then, resistance remains firm, sentiment remains cautious, and the path forward depends on both technical confirmation and the broader crypto market direction. Cover image from ChatGPT, SOLUSD chart from Tradingview
Solana started a recovery wave above the $132 zone. SOL price is now consolidating and faces hurdles near the $138 zone. SOL price started a decent recovery wave above $130 and $132 against the US Dollar. The price is now trading below $138 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $132 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $138 and $140. Solana Price Eyes Upside Break Solana price remained stable and started a decent recovery wave from $128, like Bitcoin and Ethereum. SOL was able to climb above the $130 level. There was a move above the 23.6% Fib retracement level of the downward move from the $147 swing high to the $128 low. Besides, there was a break above a key bearish trend line with resistance at $132 on the hourly chart of the SOL/USD pair. Solana is now trading below $138 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $137 level, the 100-hourly simple moving average, and the 50% Fib retracement level of the downward move from the $147 swing high to the $128 low. The next major resistance is near the $140 level. The main resistance could be $142. A successful close above the $142 resistance zone could set the pace for another steady increase. The next key resistance is $150. Any more gains might send the price toward the $155 level. Another Decline In SOL? If SOL fails to rise above the $140 resistance, it could continue to move down. Initial support on the downside is near the $132 zone. The first major support is near the $130 level. A break below the $130 level might send the price toward the $128 support zone. If there is a close below the $128 support, the price could decline toward the $120 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $132 and $130. Major Resistance Levels – $138 and $140.
The co-founder of rival lending protocol Kamino has criticized Jupiter's messaging around their "isolated vaults," and blocked a migration tool.
Solana failed to stay above $144 and corrected gains. SOL price is now trading below $140 and might find bids near the $135 zone. SOL price started a downside correction below $140 against the US Dollar. The price is now trading above $135 and the 100-hourly simple moving average. There was a break below a bullish trend line with support at $144 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $135 zone. Solana Price Starts Downside Correction Solana price failed to surpass $148 and started a downside correction, beating Bitcoin and Ethereum. SOL dipped below $145 and $144 to enter a short-term bearish zone. There was a move below the 23.6% Fib retracement level of the upward wave from the $123 swing low to the $147 high. Besides, there was a break below a bullish trend line with support at $144 on the hourly chart of the SOL/USD pair. Solana is now trading above $135 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $142 level. The next major resistance is near the $145 level. The main resistance could be $148. A successful close above the $148 resistance zone could set the pace for another steady increase. The next key resistance is $155. Any more gains might send the price toward the $165 level. More Losses In SOL? If SOL fails to rise above the $145 resistance, it could start another decline. Initial support on the downside is near the $135 zone and the 50% Fib retracement level of the upward wave from the $123 swing low to the $147 high. The first major support is near the $132 level. A break below the $132 level might send the price toward the $128 support zone. If there is a close below the $128 support, the price could decline toward the $122 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $135 and $132. Major Resistance Levels – $142 and $148.
In the volatile theatre of the cryptocurrency market, Bitcoin, Ethereum, and Solana are showing signs of a potential high-time-frame reversal. After weeks of stress and price compression, each of the top assets is now stabilizing at key structural support levels. The multiple leading cryptocurrencies are flashing similar recovery setups at the same time. The current crypto landscape may be setting up one of the most powerful high-time-frame reversals across Bitcoin, Ethereum, and Solana. An investor and trader known as MacroCRG on X highlighted that yesterday, all three assets printed a bullish engulfing candle, a strong signal that buyers are stepping back in with intent. Market Leaders Hint At A Shift Before Smaller Assets Follow On the weekly chart, each asset is showing the early stages of an inside-week breakout paired with a false breakdown. MacroCRG pointed out that a similar structure on the ES (S&P 500 futures) chart from April, where the breakdown of inside-week structure led to a breakout that never looked back when the bull secured the weekly close. Related Reading: Institutions Exit Bitcoin In Large Tranches, Ethereum, Solana And XRP See Massive Buy-Ins For this setup to take hold, these prices need to close the week above the key highlighted highs on the chart. However, there’s still a long way to go before the weekly close will confirm the breakout, and the bulls need to follow through with conviction and remove any doubt. The founder of the ProMintClub investment community, ProMint, has spotted a high-conviction whale trader aggressively building long positions across the crypto market. Currently, the trader is leading the Lighter leaderboard with over $64 million in profit and loss, while maintaining an 83% long bias. His Lighter account has the highest profit and loss with over $8 million. These are insane numbers compared to everyone else on the leaderboard. Data shows that the trader has made five deposits into his Lighter account, which total around $6 million in capital. His positions are spread across BTC, ETH, SOL, AAVE, along with smaller plays such as PAXG and PUMP, consistently entering at strong timing points and riding momentum higher. Even though funding costs have flipped heavily negative, he is not backing down. Presently, this is the top-performing account on Lighter, and this is serious capital deployed with conviction. How Increased Partners Drive Sustained Volume Demand According to Chainflip Labs, November marked one of the strongest performance months in the protocol’s history, clearing over $583 million in swap volume, which is the second-best month ever for the network. Related Reading: You Won’t Believe How Much Bitcoin Companies Now Hold, What % Of Supply Do They Control? Demand remained sustained across BTC, ETH, and SOL routes, and more partners are routing flow through the network than ever before. The trend clearly shows that Chainflip will continue to scale. Featured image from iStock, chart from Tradingview.com
Popular Ethereum Layer 2 Base will now support Solana-based assets natively, and enable the export of Base assets onto Solana.
Solmate previously announced plans for an aggressive M&A strategy to bolster its treasury and staking operations.
As the market rebounds, Solana (SOL) is retesting a crucial area that has served as resistance since the November pullbacks. Some market watchers suggest that a short-term rally is likely, while others have highlighted potential signs of weakness. Related Reading: Zcash (ZEC) Leads Market Pullback With 24% Drop, Analysts Warn Of Another Crash Ahead Solana Eyes $144 Resistance Solana is attempting to turn the $140 area into support while nearing a key local resistance for the third time in a month. The cryptocurrency has been trading between the $120-$144 levels since mid-November, struggling to hold the high zone of its local range amid the recent market volatility. Last week, it bounced 10% toward the $140-$144 area but plunged to the range lows after Sunday’s correction, hitting a one-week low of $123 on Monday. As a result, it tested an ascending trendline that has served as support since 2023. Ali Martinez explained that during the pullbacks, SOL has retested this key support trendline. Notably, each time the cryptocurrency has tapped this trendline, it has registered strong rebounds in the following months, suggesting that the price could rally more than 80% in the mid-term if this support holds. Following Tuesday’s market rebound, SOL climbed back to the range’s highs, attempting to break above the local range once more. Market observer More Crypto Online affirmed that Wednesday’s rejection from $144 was expected, as it has been a strong resistance for weeks. The trader considers that investors should not worry as long as the mid-zone of its range, between the $134-$139 levels, holds as support. “It’s not really a breakdown yet; we just have a first sharp pullback,” he affirmed, emphasizing that there’s no evidence that bears are taking the lead. He noted that breaking below the mid-zone of its range would open the door to a retest of the recent lows and potentially risk a drop to the $117 area or lower. Nonetheless, if bulls take the lead and reclaim the $144 level as support, it will open the door to a retest of higher levels, including the $163 level, where the major next sell wall for SOL is situated. Is SOL’s Crucial Support Weakening? Meanwhile, Rekt Capital shared an analysis on longer timeframes, pointing out that Solana has been moving within a clear macro range, situated between the $123 and $296 levels, in the monthly timeframe, clustering in this area since early 2024. Per the analyst, the cluster has been developing for an extended period, and the potential for distribution and its function as a re-accumulation structure decreases the longer it continues. Despite this, he emphasized that the focus is on the 21-month horizontal support level. As the analysis noted, Solana recorded a 140% rally during the first major rebound from the region in Q3 and Q4, 2024. In the second rebound from this support, which started in Q3 2025, SOL saw a significantly smaller rally, surging around 100% to its September local high. Now, the cryptocurrency is rebounding from this level, which could confirm a decreasing trend for the altcoin and raise the alarm about its strength. “While it is positive to see this rebound, if the move turns into a weaker rebound than the previous ones, then questions will arise regarding the strength of this support,” Rekt Capital asserted. Related Reading: Bitcoin (BTC) Price In A ‘Vulnerable Technical Environment’ – Key Levels To Watch To prevent this, Solana must breach the one-year downtrend or the multi-week downtrend on the weekly timeframe. “Failing to break either of these trendlines would produce a smaller rally because the prior rebound — the one that rallied around 100% — would fall short and reject from these downtrends instead.” The analyst concluded that a sequence of progressively smaller bounces “would imply increasing weakness into that support, which in turn would favour the potential for distribution in Solana over time.” Featured Image from Unsplash.com, Chart from TradingView.com
Solana started a fresh increase above the $135 zone. SOL price is now consolidating above $142 and might aim for more gains above the $145 zone. SOL price started a fresh upward move above the $135 and $140 levels against the US Dollar. The price is now trading above $140 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $143 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $145 resistance zone. Solana Price Gains Momentum Solana price started a decent increase after it settled above the $128 zone, like Bitcoin and Ethereum. SOL climbed above the $135 level to enter a short-term positive zone. The price even smashed the $140 resistance. The bulls were able to push the price above $142. The price is now consolidating gains above the 23.6% Fib retracement level of the recent upward move from the $123 swing low to the $146 high. Solana is now trading above $140 and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $143 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near $145. The next major resistance is near the $148 level. The main resistance could be $150. A successful close above the $150 resistance zone could set the pace for another steady increase. The next key resistance is $162. Any more gains might send the price toward the $180 level. Another Pullback In SOL? If SOL fails to rise above the $145 resistance, it could start another decline. Initial support on the downside is near the $143 zone and the trend line. The first major support is near the $135 level and the 50% Fib retracement level of the recent upward move from the $123 swing low to the $146 high. A break below the $135 level might send the price toward the $128 support zone. If there is a close below the $128 support, the price could decline toward the $120 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $143 and $135. Major Resistance Levels – $145 and $150.
The SKR token, native to Solana mobile ecosystem, is designed to power control, economics, incentives, and ownership.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The broader Solana memecoin economy is currently facing a liquidity crisis and collapsing volumes, but one asset has successfully decoupled from the sector-wide decline. According to CryptoSlate data, PIPPIN, a token born from an AI experiment in early 2024, has emerged as one of the best-performing crypto tokens in the last 30 days, surging 556% to […]
The post 50 secret wallets fueled PIPPIN’s 556% rally — and $3B in derivatives volume may explain why appeared first on CryptoSlate.
Solana started a recovery wave above the $135 zone. SOL price is now consolidating and faces hurdles near the $140 zone. SOL price started a decent recovery wave above $132 and $135 against the US Dollar. The price is now trading above $135 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $138 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $140 and $142. Solana Price Jumps 10% Solana price remained stable and started a decent recovery wave above $130, like Bitcoin and Ethereum. SOL was able to climb above the $135 level. There was a move above the 61.8% Fib retracement level of the downward move from the $145 swing high to the $123 low. Besides, there was a break above a key bearish trend line with resistance at $138 on the hourly chart of the SOL/USD pair. Solana is now trading above $135 and the 100-hourly simple moving average. It is also above the 76.4% Fib retracement level of the downward move from the $145 swing high to the $123 low. On the upside, immediate resistance is near the $140 level. The next major resistance is near the $142 level. The main resistance could be $145. A successful close above the $145 resistance zone could set the pace for another steady increase. The next key resistance is $155. Any more gains might send the price toward the $162 level. Another Decline In SOL? If SOL fails to rise above the $140 resistance, it could continue to move down. Initial support on the downside is near the $136 zone and the same trend line. The first major support is near the $134 level. A break below the $134 level might send the price toward the $128 support zone. If there is a close below the $128 support, the price could decline toward the $120 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $136 and $134. Major Resistance Levels – $140 and $142.