Solana Shows Resilience at Key Support Level, Eyes $150 Rebound
As of December 11, 2025, Solana (SOL) is demonstrating notable resilience by holding above its critical multi-year support zone between $120 and $130. This stability has reignited trader interest, with many eyeing a potential rebound toward the $150 mark. The cryptocurrency briefly dipped to $132 before quickly recovering, underscoring the technical importance of this demand area. Historically, this level has served as a reversal point for SOL, adding weight to its current significance. Trading at $137.59, Solana has posted a 3.44% gain over the past 24 hours, with momentum indicators suggesting bullish potential. Analysts are closely monitoring the situation, as a sustained hold above this support zone could pave the way for further upward movement. The broader market sentiment appears cautiously optimistic, with traders anticipating a possible push toward $150 if current trends persist. Solana's ability to maintain its position above key support levels highlights its strength in the face of market volatility and could signal a promising trajectory for the weeks ahead.
Solana Holds Key Support at $120 as Traders Eye Potential Rebound to $150
Solana’s price action is stabilizing above a critical multi-year support zone NEAR $120-$130, sparking renewed interest among traders. The asset briefly dipped to $132 before recovering, reinforcing the technical significance of this demand area. Analysts note the level has historically marked reversal points for SOL.
Current trading at $137.59 reflects a 3.44% 24-hour gain, with momentum indicators suggesting accumulation. A bullish ascending triangle pattern has emerged—a structure that statistically favors continuation when support holds. Liquidity resets across crypto markets appear to be amplifying SOL’s technical setup.
The $120 floor has now survived multiple tests, creating what chartists call a 'high conviction zone.' Failure to break lower could trigger short covering toward $150, though macro conditions remain a wildcard. 'This isn’t just technical—it’s psychological,' says one hedge fund trader active in SOL markets. 'That’s where the 2023 buyers stepped in.'
Solana (SOL) Eyes $150 as Bitwise ETF Listing Pushes Institutional Exposure
Solana's inclusion in the Bitwise 10 Crypto Index ETF marks a pivotal moment for institutional adoption. The blockchain's hybrid proof-of-history and proof-of-stake architecture, capable of processing thousands of transactions per second, is gaining recognition in global on-chain markets.
Trading activity tells a compelling story. SOL surged 3.62% in 24 hours despite a minor weekly dip, with trading volume exploding 66.78% to $6.47 billion. The token now commands a $76.89 billion market cap, cementing its position among crypto's elite performers.
Technical indicators suggest growing momentum. Analysts observe strengthening signals that could propel SOL toward testing the $150 resistance level, provided current market conditions persist. The ETF listing appears to be catalyzing this upward trajectory, tightening liquidity while increasing institutional demand.
