Phantom users will be able to chat and trade Kalshi's prediction markets with any Solana-based tokens, CEO said.
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
Galaxy’s onchain debt deal, where JP Morgan acted as arranger, was settled in USDC stablecoin and backed by Coinbase and Franklin Templeton.
The launch marks a notable shift for the decentralized exchange, which has until now been known almost entirely for its derivatives markets.
The Tokenization Regatta aims to allocate funds and support to projects bringing tokenized real-world assets to the Solana network.
The fund offers exposure to physical gold bars vaulted and insured in Singapore, with traditional custody and an option for in-kind redemption.
The Himalayan kingdom introduced TER, a Solana-based token backed by physical gold and issued through Gelephu Mindfulness City.
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
The partnership represents one of Helium’s most significant international expansions so far.
SEC-registered firms can sell shares directly on blockchain rails to investors, raising funds in stablecoins.
The platform aims to make locked Solana staking positions tradable via an onchain marketplace.
ETH mirrors BTC's counter-trend consolidation as XRP probes key $2 support and SOL remains directionless
A softer inflation report could lower the 10-year Treasury yield and support cryptocurrencies.
The bridge, secured by Chainlink's Cross-Chain Interoperability Protocol, allows users to trade and interact with Solana-based tokens on Base-based dapps.
The combined company will fold RockawayX's infrastructure, liquidity, and asset management units into Solmate.
With v3, the team says that about 85% of market orders will fill in under half a second, and liquidity will deepen enough to bring slippage on larger trades down to around 0.02%.
Plume is bringing real-world yield to Solana with the rollout of its Nest vaults, giving the network’s users direct access to on-chain credit, Treasuries and receivables.
BTC's volatility meltdown offers bullish cues to the spot price.
Distribution is designed to go to the ecosystem, With 30% to airdrops, 25% to growth initiatives, and 10% for liquidity and launch support.
Solana exchange-traded funds debuted on Oct. 28 and performed flawlessly with inflows 21 consecutive days until the day before Thanksgiving.
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
Wallet interfaces typically summarize instructions as a single swap, and the bundled transaction executes atomically—meaning users unknowingly sign off on both.
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
The platform introduces a unified gateway that allows issuers and users to move tokens from any ecosystem into Solana.
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
The exchange’s latest deal folds Solana-native Vector into its consumer trading arm, extending a rapid M&A streak.
U.S.-listed spot BTC and ETH ETFs see record outflows.
Industry groups signed a letter to President Donald Trump calling for new tax policy and agency action on initiatives apart from Congress' market structure work.
Spot SOL exchange-traded funds extended an inflow streak since they began trading on Oct. 28 while bitcoin and ether ETFs bled hundreds of millions of dollars.