Solana’s price action tells a story of rapid sentiment reversal, with SOL tumbling from recent highs near $190 to test critical support at $137 – a 29.4% weekly decline that ranks among the most severe corrections since the summer washout. The Upbit exchange hack involving $32 million in Solana ecosystem assets triggered stop-loss cascades below key technical levels, though the platform’s pledge for full compensation has helped stabilize price action near current support. The main question for traders is: can bulls defend the $137 level that has anchored recoveries three times since October, or will the technical damage from this week’s plunge open the trapdoor to deeper retracement targets?

SOL rebounds from $131 support after devastating 29.5% monthly decline. Institutional momentum builds with CME futures and consistent ETF inflows. RSI signals oversold bounce potential while ADX shows trending conditions strengthening. Main question: can institutional bid reverse monthly downtrend or will sellers reassert control at resistance?

Solana surges past $125 following Coinbase integration, sparking network revival. SOL rebounds from monthly lows as Coinbase acquires Vector.fun platform. Wallet creation accelerates, token disinflation schedule quickens. Price reclaims key moving averages, defending $121 support zone. Can fundamental catalyst sustain technical momentum?

Solana’s price action tells a tale of two competing forces this December. The blockchain’s native token SOL has shed $68 from its monthly peak at $205.24, a devastating 27% decline that wiped out three weeks of gains despite major ETF product launches from institutional giants. What’s interesting is how the $136 level continues to act as a magnet for buyers – precisely where SOL traded one week ago and one month ago, creating a triple confluence that traders are watching closely. The main question for traders is: can the influx of institutional ETF products provide enough buying pressure to defend this critical support, or will the broader market correction overwhelm the positive catalyst?

Solana tests six-month lows as ETF speculation meets technical resistance. Market structure shifts lower with SOL dropping 27% this month. Price action trapped below entire moving average cloud since December peaks. Support at $135 tested repeatedly while VanEck pushes final regulatory steps.

Solana surged 22.9% from its monthly low of $145.96, reclaiming the psychologically crucial $155 level as a wave of positive catalysts converged. The move comes after SoFi’s announcement to include SOL among 30 cryptocurrencies available for trading on its platform, opening access to millions of retail investors while Solana ETFs marked their tenth consecutive day of inflows. The primary question facing traders: can this institutional-driven momentum sustain above $155 to target the next resistance cluster near $175?