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.
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.
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.
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.
Solana started a fresh decline below the $135 zone. SOL price is now consolidating losses below $130 and might decline further below $125. SOL price started a fresh decline below $135 and $130 against the US Dollar. The price is now trading below $130 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $136 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $125 or $120. Solana Price Dips Further Solana price failed to remain stable above $140 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $135 and $132 support levels. The price gained bearish momentum below $130. A low was formed at $123, and the price is now consolidating losses. The price recovered a few points and tested the 23.6% Fib retracement level of the downward move from the $144 swing high to the $123 low. Solana is now trading below $130 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $128 level. The next major resistance is near the $130 level. The main resistance could be $134 or the 50% Fib retracement level of the downward move from the $144 swing high to the $123 low. There is also a key bearish trend line forming with resistance at $136 on the hourly chart of the SOL/USD pair. A successful close above the $136 resistance zone could set the pace for another steady increase. The next key resistance is $140. Any more gains might send the price toward the $145 level. Another Decline In SOL? If SOL fails to rise above the $130 resistance, it could continue to move down. Initial support on the downside is near the $125 zone. The first major support is near the $122 level. A break below the $122 level might send the price toward the $120 support zone. If there is a close below the $120 support, the price could decline toward the $112 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 – $125 and $122. Major Resistance Levels – $130 and $136.
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
Solana (SOL) is showing remarkable resilience this week, holding firmly above the critical $140 support zone despite heightened market anxiety following a $37 million hack on South Korea’s Upbit exchange. Related Reading: The Bull And Bear Scenario For XRP That Could Play Out In November The stability comes at a time when institutional interest in Solana is accelerating, highlighted by Franklin Templeton’s recent Form 8-A filing with the U.S. SEC to launch a Solana ETF. Franklin Templeton’s Solana ETF Fuels Institutional Momentum The global investment giant, which manages $1.67 trillion in assets, is positioning itself at the forefront of crypto-focused investment products. The proposed ETF would offer regulated exposure to Solana without requiring investors to hold the token directly, a move widely seen as a bullish catalyst for long-term adoption. Historically, ETFs have had mixed but notable effects on crypto markets. Bitcoin surged to new all-time highs after its ETF debut in 2024, while Ethereum took months to show similar momentum. Analysts say it remains unclear whether SOL will follow the Bitcoin pattern or display a more gradual response once the ETF is approved. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Upbit’s $37M Solana Hack Sends Shockwaves, But SOL Stays Steady Upbit confirmed an unauthorized outflow of roughly 54 billion KRW (about $37 million) involving SOL and several Solana-based tokens. The exchange immediately halted deposits and withdrawals, moved remaining assets into cold storage, and pledged to fully reimburse affected customers from its own reserves. While such incidents typically trigger steep price drops, Solana’s ecosystem demonstrated surprising stability. Not only did SOL hold above $140, a multi-month high-timeframe support zone, but Solana memecoins such as BONK, TRUMP, and MOODENG barely reacted. Traders pointed to on-chain data showing buyers aggressively defending key support levels, even as broader market sentiment wavered. Upbit has already frozen ₩12 billion worth of stolen LAYER tokens and is working with partners to trace additional assets. The timing of the breach, occurring nearly six years to the day after Upbit’s notorious 2019 hack, has drawn attention but has not shaken confidence in Solana’s network. Technical Outlook: Rebound or Breakdown? Analysts highlight $142–$145 as the immediate resistance band, supported by an estimated 13 million SOL accumulated at that level. A breakout could open the path toward $165, $188, and even higher liquidity pockets at $220–$240. Longer-term projections suggest potential targets between $360 and $480 if Wyckoff reaccumulation patterns complete. However, a failure to maintain $143 support could send SOL toward deeper zones at $130–$127. Related Reading: Has The Bitcoin Price Hit Its Bottom? Key On-Chain Data Signals Potential Rebound Ahead For now, Solana’s impressive stability, amid an exchange hack and ongoing market downturn, underscores growing confidence in the ecosystem as institutional players continue to step in. Cover image from ChatGPT, SOLUSD chart from Tradingview
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 $132 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $133 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 Faces Resistance 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 toward the 61.8% Fib retracement level of the downward move from the $145 swing high to the $121 low. Besides, there is a bullish trend line forming with support at $133 on the hourly chart of the SOL/USD pair. Solana is now trading above $134 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $140 level or the 76.4% Fib retracement level of the downward move from the $145 swing high to the $121 low. 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 $133 zone and the trend line. The first major support is near the $128 level. A break below the $128 level might send the price toward the $122 support zone. If there is a close below the $122 support, the price could decline toward the $115 zone 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 – $133 and $128. Major Resistance Levels – $140 and $145.
Solana (SOL) is staging an impressive comeback as renewed institutional demand supports the network’s key support levels. Related Reading: Bitcoin Faces Less Than 50% Chance Of Hitting $100,000 By December 31, Says AI Model The latest surge in investor interest, led by a record-breaking inflow into Bitwise’s Solana ETF, has helped the asset stabilize after weeks of market turbulence, offering fresh optimism for a potential trend reversal. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Record Solana ETF Inflows Signal Renewed Institutional Confidence Bitwise Asset Management recorded a historic $39.5 million single-day inflow into its Solana ETF, the largest since the product launched. The milestone reflects a clear shift in institutional portfolios toward high-utility blockchain assets, with Solana increasingly emerging as a preferred choice beyond Bitcoin and Ethereum. The network’s reputation for speed, scalability, and active ecosystem continues to anchor demand, with institutional investors prioritizing blockchains that demonstrate real-world functionality. This surge in ETF interest comes despite broader market volatility. Recent weeks saw nearly $1.94 billion in total outflows across crypto investment products, one of the largest downturns since 2018. Yet, Solana ETF performance shows institutions are not withdrawing from the market entirely, they are reallocating capital toward networks with measurable usage and long-term growth potential. Solana Price Rebounds as Key Supports Hold Firm After dropping to $121.50 on Friday, Solana rebounded sharply to reclaim the $135–$140 range, marking a 14% recovery. Despite a 30% decline over the last month, SOL has shown notable resilience. The asset continues to hold above the crucial $125–$130 support band, a zone analysts describe as the foundation of Solana’s current market structure. Derivatives markets, however, still reflect caution. Negative funding rates and declining open interest indicate traders remain defensive, with sentiment yet to fully align with the positive ETF inflows. Even so, on-chain activity paints a more optimistic picture. Solana leads all major networks in active addresses and daily transactions, with user activity increasing 13% over the past month, even as Ethereum’s activity declined 15%. ETF Strength and On-Chain Utility Shape Solana’s Next Move The junction of strong ETF demand and robust network fundamentals suggests Solana could be positioned for a broader recovery, provided it maintains the $125 support level. Analysts point to $163, $170, and eventually $195–$243 as potential upside targets if buyers continue to absorb selling pressure. Related Reading: Bitcoin To $40,000? Signal Behind Past 60% Crashes Is Back While macro uncertainty and recent market outflows still pose risks, Solana’s ability to withstand significant volatility, while attracting record institutional capital, signals enduring confidence in its long-term value. If current momentum holds, Solana may soon challenge higher resistance zones, backing its position as one of the most resilient high-utility blockchains in 2025. Cover image from ChatGPT, SOLUSD chart from Tradingview
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 started a recovery wave above the $125 zone. SOL price is now consolidating and faces hurdles near the $135 zone. SOL price started a decent recovery wave above $125 and $128 against the US Dollar. The price is now trading above $130 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $130 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $135 and $140. Solana Price Aims Recovery Solana price remained stable and started a decent recovery wave above $125, like Bitcoin and Ethereum. SOL was able to climb above the $130 level. There was a move toward the 50% Fib retracement level of the downward move from the $145 swing high to the $121 low. Besides, there is a bullish trend line forming with support at $130 on the hourly chart of the SOL/USD pair. Solana is now trading above $130 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $135 level or the 61.8% Fib retracement level of the downward move from the $145 swing high to the $121 low. The next major resistance is near the $140 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 Drop In SOL? If SOL fails to rise above the $135 resistance, it could continue to move down. Initial support on the downside is near the $130 zone. The first major support is near the $127 level. A break below the $127 level might send the price toward the $124 support zone. If there is a close below the $124 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 – $130 and $124. Major Resistance Levels – $135 and $140.
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
Solana started a recovery wave above the $132 zone. SOL price is now consolidating and faces hurdles near the $145 zone. SOL price started a decent recovery wave above $135 and $140 against the US Dollar. The price is now trading above $140 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $140 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $145 and $150. Solana Price Aims Higher Levels Solana price remained stable and started a decent recovery wave above $130, beating Bitcoin and Ethereum. SOL was able to climb above the $135 level. There was a move above the 23.6% Fib retracement level of the downward move from the $172 swing high to the $129 low. Besides, there was a break above a key bearish trend line with resistance at $140 on the hourly chart of the SOL/USD pair. Solana is now trading above $140 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $145 level. The next major resistance is near the $150 level. The main resistance could be $155 and the 61.8% Fib retracement level of the downward move from the $172 swing high to the $129 low. A successful close above the $155 resistance zone could set the pace for another steady increase. The next key resistance is $165. Any more gains might send the price toward the $172 level. Another Drop In SOL? If SOL fails to rise above the $150 resistance, it could continue to move down. Initial support on the downside is near the $138 zone. The first major support is near the $135 level. 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 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 – $138 and $135. Major Resistance Levels – $150 and $155.
Solana started a recovery wave from the $128 zone. SOL price is now consolidating and faces hurdles near the $142 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 $137 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $142 and $145. Solana Price Eyes Steady Recovery Solana price remained stable and started a decent recovery wave from $128, like Bitcoin and Ethereum. SOL was able to climb above the $132 pivot level. There was a move above the 23.6% Fib retracement level of the downward move from the $172 swing high to the $128 low. Besides, there was a break above a key bearish trend line with resistance at $137 on the hourly chart of the SOL/USD pair. Solana is now trading above $132 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $142 level. The next major resistance is near the $145 level. The main resistance could be $150 and the 50% Fib retracement level of the downward move from the $172 swing high to the $128 low. 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 $165 level. Another Decline In SOL? If SOL fails to rise above the $142 resistance, it could continue to move down. Initial support on the downside is near the $135 zone. The first major support is near the $132 level. A break below the $132 level might send the price toward the $125 support zone. If there is a close below the $125 support, the price could decline toward the $112 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 – $135 and $132. Major Resistance Levels – $142 and $145.
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 started a fresh decline below the $145 zone. SOL price is now consolidating losses below $140 and might decline further below $130. SOL price started a fresh decline below $145 and $140 against the US Dollar. The price is now trading below $140 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $136 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $130 or $128. Solana Price Dips Further Solana price failed to remain stable above $155 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $150 and $140 support levels. The price gained bearish momentum below $138. A low was formed at $128, and the price is now consolidating losses. The price recovered a few points above the 23.6% Fib retracement level of the downward move from the $143 swing high to the $128 low. Solana is now trading below $140 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $136 level. There is also a key bearish trend line forming with resistance at $136 on the hourly chart of the SOL/USD pair. The next major resistance is near the $140 level or the 76.4% Fib retracement level of the downward move from the $143 swing high to the $128 low. 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 $130 zone. The first major support is near the $128 level. A break below the $128 level might send the price toward the $120 support zone. If there is a close below the $120 support, the price could decline toward the $108 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 – $130 and $128. Major Resistance Levels – $136 and $140.
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
Solana started a fresh decline below the $150 zone. SOL price is now consolidating losses below $150 and might decline further below $142. SOL price started a fresh decline below $155 and $150 against the US Dollar. The price is now trading below $150 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $148 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $142 or $140. Solana Price Dips Again Solana price failed to remain stable above $162 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $155 and $150 support levels. The price gained bearish momentum below $150. A low was formed at $141, and the price is now consolidating losses. The price recovered a few points but remained below the 23.6% Fib retracement level of the downward move from the $172 swing high to the $141 low. Solana is now trading below $150 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $148 level. There is also a key bearish trend line forming with resistance at $148 on the hourly chart of the SOL/USD pair. The next major resistance is near the $152 level. The main resistance could be $160 and the 61.8% Fib retracement level of the downward move from the $172 swing high to the $141 low. A successful close above the $160 resistance zone could set the pace for another steady increase. The next key resistance is $172. Any more gains might send the price toward the $180 level. Another Decline In SOL? If SOL fails to rise above the $152 resistance, it could continue to move down. Initial support on the downside is near the $142 zone. The first major support is near the $140 level. A break below the $140 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 $120 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 – $142 and $140. Major Resistance Levels – $148 and $152.
Solana (SOL) is once again under intense market scrutiny as a combination of fading memecoin activity, declining user engagement, and continuous token unlocks by Alameda Research puts pressure on one of crypto’s strongest 2025 performers. Related Reading: Ethereum Ready To Explode To $12,000 By January, Says Tom Lee While institutional inflows via ETFs remain robust, Solana’s ability to defend key technical levels, particularly the $140–$150 demand zone, will determine whether the asset stabilizes or slides into a deeper correction. Memecoin Cooldown Sends User Activity to One-Year Low Solana’s explosive rise in late 2024 and early 2025 was largely fueled by rapid memecoin launches and hyperactive retail speculation. But that frenzy has sharply cooled. According to Glassnode and The Block, the number of daily active addresses has dropped to 3.3 million, down from over 9 million at the start of the year, marking a 12-month low. Most of the decline comes from the disappearance of bots and short-term users who flooded the chain during its speculative peak. This slowdown has immediate consequences. Lower address activity has translated into softer fee revenue and thinner liquidity, making SOL more sensitive to market shocks. Analysts warn that until new high-utility use cases, such as payments, gaming, or real-world asset apps, attract stickier users, Solana’s engagement metrics may continue to oscillate with speculative cycles. Despite this decline, Solana’s ecosystem remains fundamentally strong. Its DeFi TVL stands at nearly $10 billion, supported by Jupiter, Jito, and Kamino, while developers continue to build stablecoin primitives, high-throughput consumer applications, and institutional-grade infrastructure, such as Firedancer. SOL's price trends to the downside on the daily chart. Source: SOLUSD chart from Tradingview Alameda Unlocks Clash With Record Solana ETF Inflows Another major pressure point is the ongoing monthly SOL unlocks from the FTX/Alameda bankruptcy estate. On November 11, Alameda unstaked 193,000 SOL ($30 million), part of a vesting schedule that runs through 2028. These tokens often find their way to exchanges, creating short-term selling pressure. However, institutional demand is delivering the opposite effect. Solana has now recorded 10–11 consecutive days of ETF inflows, totaling $336 million for the week. Bitwise and Grayscale Solana ETFs collectively hold $351 million, and even traditional institutions like Rothschild Investment and PNC Financial Services have disclosed new positions. SoFi Bank’s move to enable direct SOL purchases from U.S. checking accounts has further legitimized Solana within the regulated finance sector. This tug-of-war, systematic selling vs. accelerating inflows, defines Solana’s current volatility. Technical Setup: $140 Is the Line in the Sand SOL is trading around $152–$156, having broken below key support at $156 amid rising volume. Indicators remain bearish: OBV continues trending downward, signaling persistent seller dominance. Market structure shows lower highs and lower lows since early November. Liquidity heatmaps reveal strong magnetic zones at $144 and $140, making a retest highly likely. Analysts view $140 as the crucial support area. If it fails, liquidity extends toward $120, opening the door for a deeper correction. Related Reading: Bitcoin Death Cross Is Coming: Don’t Be Fooled By The Name But a successful defense could trigger a sharp rebound toward $165–$180, especially if ETF flows remain steady and Bitcoin holds above the $98k–$100k range. Cover image from ChatGPT, SOLUSD chart from Tradingview
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
Solana started a decent upward move above the $165 zone. SOL price is now consolidating and faces hurdles near the $172 zone. SOL price started a decent upward move above $162 and $165 against the US Dollar. The price is now trading above $165 and the 100-hourly simple moving average. There is a rising channel forming with resistance at $175 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $172 and $175. Solana Price Eyes Upside Break Solana price remained stable and started a decent recovery wave above $155, like Bitcoin and Ethereum. SOL was able to climb above the $162 pivot level. There was a move above the 50% Fib retracement level of the downward move from the $188 swing high to the $145 low. However, the bears are now active near the $172 resistance zone. There is also a rising channel forming with resistance at $175 on the hourly chart of the SOL/USD pair. Solana is now trading above $162 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $172 level and the 61.8% Fib retracement level of the downward move from the $188 swing high to the $145 low. The next major resistance is near the $175 level. The main resistance could be $188. A successful close above the $188 resistance zone could set the pace for another steady increase. The next key resistance is $202. Any more gains might send the price toward the $220 level. Another Decline In SOL? If SOL fails to rise above the $172 resistance, it could continue to move down. Initial support on the downside is near the $165 zone. The first major support is near the $162 level. A break below the $162 level might send the price toward the $155 support zone. If there is a close below the $155 support, the price could decline toward the $150 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 – $165 and $162. Major Resistance Levels – $172 and $175.
Solana started a recovery wave above the $162 pivot zone. SOL price is now consolidating and faces hurdles near the $172 zone. SOL price started a decent upward move above $160 and $162 against the US Dollar. The price is now trading above $162 and the 100-hourly simple moving average. There was a break above a contracting triangle with resistance at $162 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $168 and $172. Solana Price Starts Recovery Solana price extended losses below $150 before the bulls appeared, like Bitcoin and Ethereum. SOL tested the $145 zone and recently started a recovery wave. There was a move above the $155 and $162 resistance levels. Besides, there was a break above a contracting triangle with resistance at $162 on the hourly chart of the SOL/USD pair. The pair even spiked above the 50% Fib retracement level of the downward move from the $188 swing high to the $145 low. Solana is now trading above $162 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $168 level. The next major resistance is near the $172 level or the 61.8% Fib retracement level of the downward move from the $188 swing high to the $145 low. The main resistance could be $178. A successful close above the $178 resistance zone could set the pace for another steady increase. The next key resistance is $185. Any more gains might send the price toward the $196 level. Another Decline In SOL? If SOL fails to rise above the $172 resistance, it could continue to move down. Initial support on the downside is near the $162 zone. The first major support is near the $160 level. A break below the $160 level might send the price toward the $155 support zone. If there is a close below the $155 support, the price could decline toward the $150 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 – $155 and $150. Major Resistance Levels – $168 and $172.
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 started a fresh decline below the $165 pivot zone. SOL price is now attempting to recover and faces hurdles near the $165 zone. SOL price started a fresh decline below $162 and $160 against the US Dollar. The price is now trading below $162 and the 100-hourly simple moving average. There is a new bearish trend line forming with resistance at $159 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $160 and $162. Solana Price Faces Hurdles Solana price extended losses below $150 before the bulls appeared, like Bitcoin and Ethereum. SOL tested the $145 zone and recently started a recovery wave. There was a move above the $150 and $155 resistance levels. The price climbed above the 23.6% Fib retracement level of the downward move from the $188 swing high to the $145 low. However, the bears remained active near the $162-$165 resistance zone. Besides, there is a new bearish trend line forming with resistance at $159 on the hourly chart of the SOL/USD pair. Solana is now trading below $162 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $160 level and the trend line. The next major resistance is near the $162 level. The main resistance could be $165. A successful close above the $165 resistance zone could set the pace for another steady increase. The next key resistance is $172 and the 61.8% Fib retracement level of the downward move from the $188 swing high to the $145 low. Any more gains might send the price toward the $180 level. Another Decline In SOL? If SOL fails to rise above the $160 resistance, it could continue to move down. Initial support on the downside is near the $150 zone. The first major support is near the $145 level. A break below the $145 level might send the price toward the $138 support zone. If there is a close below the $138 support, the price could decline toward the $130 zone 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 – $150 and $145. Major Resistance Levels – $160 and $165.
Solana started a fresh decline below the $162 zone. SOL price is now attempting to recover and faces hurdles near the $166 zone. SOL price started a fresh decline below $165 and $162 against the US Dollar. The price is now trading below $165 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $155 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $165 and $166. Solana Price Attempts Recovery Wave Solana price failed to remain stable above $175 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $170 and $165 support levels. The price gained bearish momentum below $160. A low was formed at $145, and the price recently started a recovery wave. There was a move above the 23.6% Fib retracement level of the downward move from the $188 swing high to the $145 low. Besides, there was a break above a key bearish trend line with resistance at $155 on the hourly chart of the SOL/USD pair. Solana is now trading below $165 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $165 level. The next major resistance is near the $166 level and the 50% Fib retracement level of the downward move from the $188 swing high to the $145 low. The main resistance could be $172. A successful close above the $172 resistance zone could set the pace for another steady increase. The next key resistance is $180. Any more gains might send the price toward the $188 level. Another Decline In SOL? If SOL fails to rise above the $166 resistance, it could continue to move down. Initial support on the downside is near the $160 zone. The first major support is near the $155 level. A break below the $155 level might send the price toward the $148 support zone. If there is a close below the $148 support, the price could decline toward the $142 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $155 and $148. Major Resistance Levels – $165 and $166.
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
Solana started a fresh decline below the $165 zone. SOL price is now consolidating losses below $165 and might decline further below $150. SOL price started a fresh decline below $165 and $162 against the US Dollar. The price is now trading below $165 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $158 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $150 or $145. Solana Price Dips Heavily Solana price failed to remain stable above $180 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $175 and $165 support levels. The price gained bearish momentum below $160. A low was formed at $145, and the price is now consolidating losses. The price recovered a few points above the 23.6% Fib retracement level of the downward move from the $188 swing high to the $145 low. Solana is now trading below $160 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $158 level. There is also a key bearish trend line forming with resistance at $158 on the hourly chart of the SOL/USD pair. The next major resistance is near the $162 level. The main resistance could be $166 and the 50% Fib retracement level of the downward move from the $188 swing high to the $145 low. A successful close above the $166 resistance zone could set the pace for another steady increase. The next key resistance is $175. Any more gains might send the price toward the $180 level. Another Decline In SOL? If SOL fails to rise above the $166 resistance, it could continue to move down. Initial support on the downside is near the $155 zone. The first major support is near the $150 level. A break below the $150 level might send the price toward the $145 support zone. If there is a close below the $145 support, the price could decline toward the $132 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 – $155 and $150. Major Resistance Levels – $162 and $166.
Solana started a fresh decline below the $180 zone. SOL price is now consolidating losses below $175 and might decline further below $165. SOL price started a fresh decline below $180 and $175 against the US Dollar. The price is now trading below $175 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $191 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $165 or $162. Solana Price Dips Further Solana price failed to remain stable above $185 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $182 and $180 support levels. The price gained bearish momentum below $175. A low was formed at $163, and the price is now consolidating losses with a bearish angle below the 23.6% Fib retracement level of the downward move from the $188 swing high to the $163 low. Solana is now trading below $175 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $170 level. The next major resistance is near the $175 level or the 50% Fib retracement level of the downward move from the $188 swing high to the $163 low. The main resistance could be $182. A successful close above the $182 resistance zone could set the pace for another steady increase. The next key resistance is $190. There is also a key bearish trend line forming with resistance at $191 on the hourly chart of the SOL/USD pair. Any more gains might send the price toward the $200 level. Another Decline In SOL? If SOL fails to rise above the $175 resistance, it could continue to move down. Initial support on the downside is near the $165 zone. The first major support is near the $162 level. A break below the $162 level might send the price toward the $154 support zone. If there is a close below the $154 support, the price could decline toward the $150 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 – $165 and $162. Major Resistance Levels – $175 and $182.