Solana (SOL) has accumulated a fall of about 57% since reaching its historical high of 295.83 USD at the beginning of the year, and is currently hovering within a long-term support zone around 120 USD. If it breaks this key support, SOL may face deeper dumping pressure, with the next major support level around 71 USD, indicating a potential further fall of 40%. The technical indicators show that SOL has strong bearish momentum. The weekly RSI has formed a bearish divergence and has fallen below 50, while the MACD is also in negative territory, indicating that the bearish forces are dominant. The price of SOL has been constrained within the range of 120-250 USD for a long time, and if this range is broken, it will trigger a clear trend reversal to bearish. The daily chart shows that SOL is under pressure below the descending resistance trend line, lacking rebound signals in the short term.

Grayscale's Chainlink Spot ETF (GLNK) will officially trade on NYSE Arca on December 2, marking the first ETF product exclusively for institutional investors in LINK. However, the recent poor performance of other altcoin ETFs has led investors to question whether GLNK can truly boost LINK's price. In the past two weeks, Grayscale has launched GDOG and GXRP ETF, and the Zcash (ZEC) ETF is also in preparation. This shows that Grayscale is actively expanding the market beyond Bitcoin and Ethereum, focusing on altcoins favored by institutions. However, the market data for the launch of SOL and XRP ETFs indicate that altcoin ETFs have not significantly boosted prices: SOL ETF fell 18% on the day of its launch, and XRP ETF dropped over 10%, with market sentiment becoming cautious.

On December 1st, the U.S. Spot Solana ETF experienced the largest capital outflow in history, while the Spot XRP ETF recorded a net inflow of 90 million USD. The main redemptions from the Solana ETF came from the 21Shares Solana ETF (TSOL), with a single-day net outflow of 32.54 million USD, bringing the cumulative net outflow for TSOL since its launch to 60.14 million USD. Despite the outflows, the Bitwise Solana Staking ETF (BSOL) and Grayscale Solana ETF still maintained capital inflows, with the Solana ETF's managed assets still exceeding 790 million USD. The SOL price rebounded over 3% after the capital outflow, currently trading at 127.53 USD.

Odaily News According to the latest encryption weekly report released by Gate Ventures, directly applying traditional short-term valuation models (such as short-term price-to-earnings ratios and revenue models) to blockchain networks can lead to systemic pricing errors. Due to the adoption curve of the encryption industry exhibiting exponential characteristics, the long-term growth potential of assets like ETH and SOL is still largely underestimated; market sentiment and linear thinking obscure their true growth potential. Currently, overall market sentiment remains weak, with BTC rising 4.07% last week and ETH rising 6.82%, while the fear and greed index still remains in the "extreme fear" range. In terms of ecological dynamics, Ethereum has raised the block Gas Limit to 60 million for Fusaka.

Bitcoin faced selling pressure again this week, briefly falling below $83,000. Weak liquidity, concerns about Japan's macroeconomy over the weekend, and market panic over MSCI potentially adjusting its index components have led to this rapid and disorderly decline. Currently, Bitcoin is fluctuating around $85,000, with mainstream tokens such as Ethereum, XRP, ADA, SOL, and BNB also dropping about 2%, indicating widespread pressure in the market. Multiple market participants emphasized that this fall is not significantly related to traditional macro factors. The core reason is that the market structure is weak, the order book depth is insufficient, and it is difficult to withstand any external pressure. VALR CEO Farzam Ehsani pointed out that Bitcoin falling below $90,000 is the result of a "fragile market structure colliding with weak weekend liquidity."

Foresight News reports that Franklin Templeton Digital Assets tweeted that the Franklin Crypto Index ETF has added ADA, LINK, DOGE, SOL, XLM, and XRP Tokens. Previously, the Franklin Crypto Index ETF only held ETH and.

Cantor Fitzgerald disclosed for the first time its holdings in Solana-related exchange-traded funds (ETF) in the latest 13F filing submitted to the SEC, marking the official entry of this major Wall Street brokerage into the ranks of institutions following regulated products related to Solana. The document shows that Cantor holds 58,000 shares of Volatility Shares Solana ETF (ticker: SOLZ), with a holdings value of approximately $1.283 million. This ETF provides futures-based exposure to Solana, rather than directly holding SOL tokens. In March of this year, the fund was listed on Nasdaq, sparking market interest in non-Bitcoin and non-Ethereum cryptocurrency asset ETFs. At the same time, several institutions including Fidelity, Canary, and VanEck have also launched their own Solana ETFs recently, reflecting the trend of the market actively expanding diversified digital asset investment channels after the SEC approved related products in September.

According to BlockBeats, the "Calm Order King" opened new long orders for BTC, ETH, and SOL in the past 7 hours, with a holdings scale reaching 13.61 million USD, and recently realized a small profit of 50,000 USD from a BTC short order. Since September, this trader has made over 30 million USD in profit from an initial capital of 3 million USD, but almost all profits were pulled back due to a mistake in November.

Golden Finance reported that, according to a document released on Monday, NYSE Arca, a subsidiary of the New York Stock Exchange Group, has approved the listing application for the Grayscale Chainlink Trust ETF, which will begin trading on Tuesday. In the past few weeks, the United States has launched several cryptocurrency ETFs, including ETFs that track Litecoin, HBAR, XRP, and SOL.

Golden Finance reports that Forward Industries has hired former ParaFi Capital executive Ryan Navi to lead its Solana funding strategy execution, seeking and building Capital Market opportunities. Navi previously served as Managing Director at ParaFi, overseeing venture capital.

Arkham data shows that pump.fun transferred 42,893.34 SOL to Squads Vault BBFunds1 between 21:40 and 21:46, with a total value of approximately 5.44 million USD. Among them, 25,389 SOL were transferred at 21:40, and 17,504.34 SOL were transferred at 21:46.

A certain diamond hand trader bought 24.8 million PIPPIN for 450 SOL, held it for a year, and sold it for 29,527 SOL, making a profit of 3.74 million dollars, with a profit rate of 4066%. Although at one point the profit reached 7.6 million dollars and was not realized in time, this time they successfully profited by seizing the rebound opportunity.

Monad (MON) quickly became the market focus after completing a $269 million ICO at an astonishing speed. However, within just a few days, market sentiment took a sharp turn, and the token price has fallen by 24%, raising sustainability concerns. Maelstrom CIO Arthur Hayes stated in an interview that, apart from BTC, SOL, and ETH, most Layer 1 projects will eventually go to zero, and Monad is no exception. He believes that MON is a typical "high FDV, low circulation VC Token," and the short-term rise cannot hide the risk of a 99% fall in the future. Hayes pointed out that the proportion of insiders locking their holdings is too high, and once the Token is unlocked, a large-scale sell-off may occur.

PANews, December 1st, according to SoSoValue data, as of the week ending November 28, Bitcoin, Ethereum, and Solana spot ETFs have all shifted from net outflows to net inflows, recording net inflows of $70.05 million, $313 million, and $108 million respectively. ETFs under Fidelity have been the market makers among the three product categories, while BlackRock's ETHA and BSOL also performed well.

Gate News Bot news, December 01, according to CoinMarketCap, as of the time of writing, SOL (Solana) is currently priced at $128.51, having fallen 5.72% in the last 24 hours, with a high of $144.47 and a low of $127.89. The 24-hour volume reached $4.122 billion. The current market capitalization is approximately $71.922 billion, a decrease of about $4.36 billion compared to yesterday. Solana is a high-performance blockchain platform designed to support decentralized applications and cryptocurrencies. It employs innovative technology to achieve fast transactions and low costs to support large-scale applications. Solana is committed to providing developers with powerful tools while offering users a fast experience. Important recent news about SOL: 1️⃣ **Franklin Templeton submits Solana ETF

According to BlockBeats, the trader "Calm Order King" has recently increased the position on BTC and short order for MON, with a holdings size of 2 million USD. This address has deposited 200,000 USD since the 27th, and the current total holdings amount to 2 million USD, with an account balance of 380,000 USD. Despite previously being profitable over 30 million USD, recent mistakes have resulted in a pullback of more than half of the total profit.

PANews, November 29 news, according to market news, CoinShares has terminated its plan to launch three single-asset Crypto Assets ETFs in the United States. This cancellation involves the proposed issuance funds for Solana (including stake functionality), XRP, and Litecoin.

PANews, November 28, reported that on-chain data shows that Bitwise's Solana ETF BSOL purchased another 93,167 SOL in the past hour, amounting to approximately 13.15 million USD.

Gate News Bot news, on November 27th, according to CoinMarketCap data, as of the time of writing, SOL (Solana) is currently priced at $143.84, with a rise of 3.02% in the last 24 hours, reaching a high of $144.47 and a low of $122.27. The 24-hour volume has reached $5.38 billion. The current market capitalization is approximately $80.459 billion, an increase of $2.358 billion compared to yesterday. SOL is currently ranked 6th in the global Crypto Assets market capitalization.

Upexi Inc. announced a targeted issuance of up to $23 million in stock and warrants to support its Solana strategy. Despite the market pullback affecting its Holdings, Upexi will still raise funds for operations and increase its SOL holdings.

Odaily News Nasdaq-listed Solana treasury company DeFi Development (DFDV) announced that two of its executives have purchased a total of 14,244 shares of common stock in the open market, with Chief Operating Officer and Chief Investment Officer Parker White buying 10,044 shares of common stock, and Chief Strategy Officer Daniel Kang purchasing 4,200 shares of common stock. (Globenewswire)

Odaily News According to on-chain analyst Yu Jin's monitoring, Whale 0x35d1 shorted 455,000 pieces of $SOL at $165.5 with 20x leverage, and has now unrealized gains of $6177 .

According to ChainCatcher news and monitoring by Lookonchain, 10 U.S. Bitcoin ETFs had a net inflow of 807 BTC, with Grayscale accounting for 1711 BTC; 9 Ethereum ETFs had a net inflow of 35725 ETH, with BlackRock contributing 31141 ETH, 5

ChainCatcher news reports that the "Calm Opening King" has opened another ZEC short order and increased the position on the SOL short order in the past half hour. Due to the continuous rise of BTC, their BTC and SOL short orders were liquidated 31 times, resulting in a loss of 2.78 million USD, leaving only 1.24 million USD in the account, with a weekly loss of 15.37 million USD.

BlockBeats news, on November 24, according to official news, the original staking service provider Kiln announced the launch of the institutional yield infrastructure Railnet. The announcement stated that Railnet is an open yield layer that standardizes the flow of capital between different yield sources. It does not participate in deposit competition but connects asset management companies, protocols, and platforms through unified channels. The protocol is collaborating with Ethena, Sentora, Chainlink, and others. In September, the staking service provider Kiln announced that after SwissBorg suffered a hacker attack resulting in a loss of approximately 41 million USD SOL, it will orderly exit all Ethereum validation nodes on September 10, 2025, which is expected to be completed in 10 to 42 days, with an additional 9 days required for withdrawal, as a preventive measure.

According to BlockBeats news on November 24, based on glassnode data, approximately 79.6% of circulating SOL (about 478.5 million coins) is currently in a state of loss, highlighting the concentration of high-position chips in the market before the recent fall.

BlockBeats news, on November 24, according to Coinbob's popular address monitoring, since this Friday, the strategies of some popular on-chain addresses have shifted. Among them: "Calm Short Order King": On the 21st, long positions in BTC and SOL recorded an unrealized loss of 8.49 million, and then shifted to short positions. Current holdings: BTC short order of 41.72 million USD, unrealized losses of 1.8 million USD (-172%), liquidation price of 89,700 USD; SOL short order of 30.89 million USD, unrealized losses of 1.45 million USD (-93%), liquidation price of 138 USD. "Ultimate Short": BTC short position size is about 106 million USD, unrealized gains of 2.978 million USD, liquidation price of 92,000 USD, with a large withdrawal of 12 million USD this weekend. "40x Short King": since the 21st, take profit at the low point of BT.

The Crypto Assets market has generally warmed up after a recovery, with a total market capitalization of 3.033 trillion USD. Bitcoin briefly broke through 88,000 USD, Ether returned to 2,800 USD, and BNB and SOL also saw some rise.

Gate News bot message, Whale wallet GJwCUj has closed their position of 32,195 SOL ($4.18M) after holding and staking for 10 months, resulting in a $2.04M loss. The same whale had previously executed a profitable trade in 2021, purchasing 400,000 SOL ($35.7M) at an average price of $89 and selling

According to HyperInsight monitoring, on November 23, the "Calm Order King" switched from a long order to a short order, currently with unrealized losses of 2.31 million USD on the short order. The total holdings include 41.22 million USD in BTC, 30.15 million USD in SOL, and 10.15 million USD in short orders for ZEC, with an overall profit of 4.8 million USD.

Gate News bot message, Forward Industries has transferred 1.727 million SOL tokens (valued at $219.32 million) to wallet address 552ptg. According to the transaction records, Forward Industries had initially acquired 6,834,506 SOL tokens for $868 million, with an average purchase price of $232.08. T

According to a report by Golden Finance, 22,100 SOL (worth approximately $2.78 million) were transferred from pump.fun to SquadsVaultBBFunds1, according to Arkham data.

Middle Eastern encryption organization X3 Labs announced that it will purchase CAT tokens worth 10,000 SOL, marking it as the first Meme token included in the DAT strategic management. X3 Labs will strengthen the market depth and ecological stability of CAT through long-term holding and strategic layout. The CAT Terminal is set to launch on January 27, 2025, with a current market capitalization of approximately 27.93 million dollars.

According to BlockBeats, on November 21, the SEC approved the listing and trading of the Bitwise 10 Crypto Index ETF by NYSE Arca, Inc. ("NYSE Arca"), covering assets including BTC, ETH, XRP, SOL, ADA, SUI, LINK, AVAX, LTC, DOT.

Odaily News According to Onchain Lens monitoring, a Whale has realized unrealized gains of 19.51 million USD by shorting ETH and SOL. Its ETH short order position is 1204.67 pieces, worth 3.23 million USD, and its SOL short order position is 462,374.2 pieces, worth 57.3 million USD.

In the case of a market fall, the holdings of the three major DAT companies performed differently: Strategy's BTC unrealized gains were $6.15 billion, BitMine's ETH unrealized losses were approximately $4.52 billion, and Forward Industries' SOL unrealized losses were $711 million.

BlockBeats news, on November 21, on-chain analyst Ai Yi (@ai9684xtpa) monitored that the Bitcoin long order position of address 0x926...8cc7a faced a forced liquidation. The address holds 256.98 BTC (approximately 20.86 million USD) long order position, with a liquidation price of 81,191.3 USD, and the holding period was less than 4 days. This liquidation resulted in a single coin trading loss of 5.23 million USD, ranking second in the Hyperliquid 24-hour loss leaderboard. In addition, the address also holds SOL long orders, currently with unrealized losses of 870,000 USD. It is reported that this trader previously maintained a record of 25 consecutive wins.

On-chain AI tool CoinBob has detected that the trader "Calm Order King" has faced 10 liquidations in a short period, with their holdings dropping from $68 million to $5.8 million. There is still $5.8 million in holdings in SOL, but there are unrealized losses of $930,000. This trader previously turned a principal of $3 million into profits exceeding $30 million, and currently still has $2.8 million in profits.

Gate News Bot news, on November 21, according to CoinMarketCap data, as of the time of writing, SOL (Solana) is currently priced at $133.95, falling by 5.81% within the last 24 hours, with a high of $145.47 and a low of $129.02. The trading volume in the last 24 hours reached $809 million. The current market capitalization is approximately $74.864 billion, a decrease of about $4.617 billion compared to yesterday.

Solana price has risen by about 4.2% today, but the overall trend remains weak. The Token has fallen nearly 22% in the past month, and the latest on-chain data shows that long-term holders have not supported this Rebound. The group holding Solana for 1-2 years has been reducing their holdings this month. HODL Waves tracks the amount of coins held by holders of different ages, helping to identify which holders are increasing or decreasing their holdings. On October 20, the group holding Solana for 1-2 years held 19.28% of the tokens. By November 19, this number had decreased to 17.24%.

According to BlockBeats news on November 20, monitoring by HyperInsight shows that in the past 2 hours, a Whale (0x8d0) who has gone long over 30 times since the beginning of this month, mostly at a loss, opened a long order for ETH at a base price of 3021 USD, with a holdings scale of approximately 15.11 million USD. In addition, this Whale closed positions on previously opened ETH and SOL long orders today, making a small profit of about 400,000 USD. This Address has frequently gone long on multiple coins intraday since November 3, with a weekly win rate of 27%. Monthly losses once reached 6.7 million USD, which has now narrowed slightly to 5.32 million USD, and the current account funds still amount to 13.7 million USD.

Gate News Bot reports that as of November 20, according to CoinMarketCap, POPCAT (Popcat (SOL)) is currently priced at $0.11, with a rise of 5.93% in the last 24 hours, reaching a high of $0.12 and a low of $0.10. The current market capitalization is approximately $109 million, an increase of $6.1 million compared to yesterday. POPCAT is currently ranked 271st in the global crypto assets market capitalization. Recent important news about POPCAT: 1️⃣ **Hyperliquid platform suffers from POPCAT manipulation attack** Recently, the Hyperliquid platform suffered a manipulation attack involving the POPCAT token. The attackers invested approximately $3 million, leading to Hyperliquidity Provider (

Odaily News According to Onchain Lens monitoring, the whale (0x35d...acb1) with the highest profit from short positions on SOL continues to increase its SOL short positions, with a leverage of 20 times, and the floating profit has exceeded 10 million dollars. This whale has also opened a new ETH short position with 25 times leverage.

Gate News Bot news, on November 20, according to CoinMarketCap data, as of the time of writing, SOL (Solana) is currently priced at $139.44, down 0.53% in the last 24 hours, with a high of $156.99 and a low of $129.02, and a 24-hour volume of $5.997 billion. The current market capitalization is approximately $77.306 billion, a decrease of about $414 million compared to yesterday.

Gate News bot message, according to on-chain data monitoring, two newly established cryptocurrency wallets have collectively withdrawn 70,000 SOL tokens, equivalent to approximately $9.8 million in value, from centralized cryptocurrency exchanges. This significant withdrawal occurred through multipl

PANews, November 19 news, according to Onchain Lens report, new created Wallets are concentrating on buying: Address "BRzF5" has accumulated 100,791 SOL from multiple exchanges, worth about 14 million dollars; Address "bc1qa" has received 636.59 BTC from BitGo, worth about 58.27 million dollars.

According to ChainCatcher news and GMGN data, the market capitalization of SOL Meme coin 67 has surpassed 44.5 million USD, with a daily rise of over 66%. The current market capitalization is approximately 39.28 million USD. ChainCatcher reminds users that the price fluctuation of Meme coins is significant, and investors should participate with caution.

Golden Finance reported that Nasdaq-listed company Onfolio Holdings announced it has secured $300 million in financing through convertible notes from a U.S. institutional investor. The new funds will be used to support the establishment of its digital asset treasury, initially purchasing BTC, ETH, and SOL, three mainstream crypto assets. The company stated it will utilize staking of crypto assets to generate income, enhance its balance sheet, and accelerate business rise.

PANews, November 18 - According to the blockchain analysis platform Bubblemaps, two wallets related to the meme coin LIBRA scandal supported by Argentine President Milei exchanged 60 million USDC for SOL after being dormant for 9 months.

Gate News Bot news, on November 18, according to CoinMarketCap data, as of the time of writing, POPCAT (Popcat (SOL)) is currently priced at $0.10, with a fall of 5.07% in the last 24 hours, reaching a high of $0.21 and a low of $0.10. The current market capitalization is approximately $101 million. Popcat is a click game project based on the Solana blockchain. Users can accumulate click counts by clicking on the Popcat image. The token symbol for this project is POPCAT, and the contract address is 7GCihgDB8fe6KNjn2MYtkzZcRjQy3t9GHdC8uHYmW2hr. Popcat also provides a page with more information about the project and social media links. Important news about POPCAT recently: 1️⃣