Solana’s Institutional Surge: Breaking $140 on $16.54M ETF Momentum

Solana (SOL) is demonstrating significant bullish momentum, propelled by a substantial $16.54 million inflow into its Exchange-Traded Funds (ETFs). As of December 11, 2025, the cryptocurrency is trading at $139.1, marking a notable 4.3% gain in the past 24 hours and building upon a significant price spike recorded on December 9. This surge places SOL at the cusp of a critical technical and psychological resistance level at $140. The substantial ETF inflow is a clear indicator of growing institutional confidence and capital allocation towards Solana, signaling a maturation in its market perception beyond retail speculation. Market analysts are intently watching to see if SOL can successfully breach and hold above the $140 threshold, which would likely open the path for further upward movement and potentially establish a new support base for higher valuations. The timing of this momentum, coupled with announcements like the new trading platform 'L.xyz' aimed at Solana traders, suggests an ecosystem that is simultaneously attracting large-scale investment while expanding its utility and accessibility. The convergence of institutional product inflows and positive price action creates a compelling narrative for SOL's near-term trajectory. Successfully conquering the $140 resistance could validate the current bullish thesis and attract further capital, while a rejection at this level may lead to consolidation. The current market behavior underscores a pivotal moment for Solana as it seeks to capitalize on this wave of institutional interest and translate financial inflows into sustained price appreciation.

Solana Eyes Key Resistance Above $140 After $16.54M ETF Inflow

Solana is gaining momentum as institutional interest grows, with $16.54 million flowing into its ETFs. The cryptocurrency now faces a critical test at the $140 resistance level.

SOL surged 4.3% in the past 24 hours to trade at $139.1, building on a notable spike recorded on December 9. Market watchers are closely monitoring whether the asset can sustain this upward trajectory.

A New Era for Solana Traders: L.xyz Announces LXYZ Presale for Its 100x Prep DEX

L.xyz has unveiled the presale of its native token LXYZ, marking the launch of a next-generation decentralized exchange on Solana. The platform targets traders seeking advanced tools, deep liquidity, and high leverage within a fast, cost-efficient environment. Built around a hybrid AMM and order book engine, L.xyz combines Solana's high throughput with a flexible market structure to set a new standard for Leveraged trading in DeFi.

The hybrid model merges liquidity pools for reduced slippage with an order book for precise strategy execution. Solana's millisecond-level transaction speeds and low fees enable rapid execution across spot, margin, and futures markets. The LXYZ token will power governance, staking, and liquidity incentives, positioning the platform as a contender in Solana's competitive DEX landscape.

Upbit Bolsters Security with 99% Cold Storage After $31M Solana Hack

South Korea's dominant crypto exchange Upbit is overhauling its security protocol following a $31 million Solana hack, announcing plans to store 99% of assets in cold wallets. This exceeds both local regulatory requirements and global industry standards, where competitors like Coinbase and Kraken maintain lower cold storage ratios.

The move reduces hot wallet exposure below 1% - a defensive posture that may impact liquidity in South Korea's insular crypto market. Upbit currently safeguards 98.33% of assets offline, already surpassing the nation's 80% cold storage mandate for exchanges.

Market observers note the security-first approach comes at a cost: constrained arbitrage opportunities and potential friction during high-volume trading periods. The exchange's SOL holdings remain under scrutiny as investigators trace the November 27 breach.

Telegram Pump-and-Dump Network Rakes in $800K from Solana and BNB Chain Tokens

A coordinated Telegram group, PumpCell, allegedly profited $800,000 in October 2025 by manipulating low-cap tokens on solana and BNB Chain. Solidus Labs traced the operation to sniper bots, fabricated hype, and rapid cash-outs through centralized exchanges.

The scheme relied on artificially inflating token valuations via memes and fake narratives before dumping holdings on unsuspecting retail traders. Funds were laundered through OTC brokers to evade detection.