Solana at a Crossroads: Can It Defend $130 Amidst Market Turbulence?
As of early December 2025, Solana (SOL) finds itself navigating a challenging market landscape, with its price trajectory heavily influenced by broader cryptocurrency trends and its own technical performance. Recent data paints a picture of a digital asset under pressure. While a 6.8% gain on the 14-day chart offers a glimmer of hope, this is overshadowed by more immediate and concerning declines. Over the last 24 hours, SOL has dropped approximately 5%, contributing to a weekly loss of 1.8%. More strikingly, the token has experienced a significant 41.6% plunge since its peak in December 2024, highlighting a prolonged period of correction and bearish sentiment. This steep decline has brought the crucial $130 support level into sharp focus, marking it as a potential make-or-break zone for the asset's near-term future. The market dynamics for Solana are intrinsically linked to the performance of Bitcoin, the flagship cryptocurrency. As Bitcoin retreated from the $93,000 level to around $91,000, it created a ripple effect across the altcoin market, dragging assets like SOL downward. This correlation underscores the continued dominance of Bitcoin's price action in setting the tone for the entire sector. Despite its technological strengths and high throughput, Solana has not been immune to these macro shifts. The lack of sustained positive price momentum suggests that investor confidence remains fragile, with many participants adopting a wait-and-see approach amidst the volatility. Looking ahead, the $130 level is no longer just another price point; it has transformed into a critical psychological and technical battleground. A decisive break below this support could trigger further selling pressure, potentially leading to a test of lower supports and extending the current downtrend. Conversely, a strong bounce from this zone could signal that the selling has been exhausted, offering a foundation for a potential recovery. Analysts and automated prediction platforms like CoinCodex are closely monitoring this threshold, with projections likely hinging on its defense or breach. For bullish practitioners, this period represents a moment of significant opportunity, where key support levels are tested and the long-term viability of high-performance blockchains like Solana is scrutinized under market stress. The coming days will be crucial in determining whether SOL can stabilize and begin to decouple from broader market weakness or if it will succumb to further declines.
Solana Weekend Price Prediction: Will SOL Fall To $130?
Solana (SOL) shows no signs of recovery. A 6.8% rally in the 14-day charts masks deeper struggles—price momentum remains elusive. CoinGecko data reveals a 5% drop in 24 hours, 1.8% weekly decline, and 41.6% plunge since December 2024. The $130 support level now looms as a critical threshold.
Market sentiment mirrors Bitcoin’s trajectory. BTC’s retreat from $93,000 to $91,000 drags altcoins like SOL downward. CoinCodex projects a modest 1.7% rebound to $139.04 by December 7, 2025, but technicals suggest bearish dominance may persist.
Federal Reserve policy adds another variable. Potential rate cuts this month could inject volatility—though whether it stabilizes or further pressures crypto markets remains uncertain.
Cloudflare Outage Disrupts White House, Federal Reserve, and Crypto Exchange Websites
Cloudflare's internet service suffered another outage, briefly taking down major websites including the WHITE House, Federal Reserve, and cryptocurrency exchanges. The disruption lasted just 10 minutes—a swift recovery compared to November's prolonged failure.
Downdetector, LinkedIn, Substack, and Coinbase were among affected platforms. Cryptopolitan reported widespread loading failures and login interruptions. Solana-based decentralized exchanges like Jupiter and Raydium faced UI glitches despite functional backends.
Cloudflare deployed a fix without disclosing the root cause. The incident highlights centralized infrastructure risks as 500 server errors cascaded across finance and crypto sectors.
Solana Institutional Adoption Surges as Staking Products Attract $436M
Institutional investors are accelerating solana exposure through staking products, with Marinade's TVL tripling to $436 million in November. The surge comes as regulated SOL staking ETFs gain traction despite broader market weakness.
Solana's 3.1 million staked SOL positions it as a preferred yield alternative to Bitcoin. Vanguard's recent MOVE to offer crypto exposure to 50 million clients could further amplify institutional flows.
Technical charts show Solana forming a double-bottom pattern at $120, suggesting strong support ahead of potential 2026 bull run outperformance against BTC.
Solana and Base Rivalry Escalates Over Cross-Chain Bridge
The competition between Solana and Base has intensified following the launch of a cross-chain bridge designed to facilitate asset transfers between the two networks. Base introduced the bridge on December 4, leveraging Chainlink's CCIP and Coinbase infrastructure, with initial integrations including Zora, Aerodrome, and other Base-native applications.
Solana developers have accused Base of orchestrating a 'vampire attack' under the guise of interoperability. The tension traces back to September 2025, when Aerodrome co-founder Alex Cutler predicted Base WOULD 'flip Solana' during a Basecamp event. Solana advocate Mert Mumtaz, CEO of Helius Labs, quickly countered the claim.
Vibhu Norby, founder of Solana creator platform DRiP, publicly criticized Base's intentions, sharing footage of Cutler's remarks and asserting, 'These are not partners; if they had it their way, Solana would not exist.' Jesse Pollak, a key figure at Base, responded defensively, sparking further debate over the bridge's true implications for both ecosystems.
