Solana at Critical Juncture: $143 Level Determines Digital Currency’s Fate

Solana stands at a make-or-break moment as the $143 price point becomes the ultimate test for the cryptocurrency's trajectory.

The Battle Line Drawn

Market watchers hold their breath as SOL approaches the crucial $143 threshold—a level that could either catapult the asset to new heights or trigger significant downward pressure. The entire digital asset community watches this technical showdown unfold.

Technical Tug-of-War

Bulls and bears clash violently around the $143 marker, creating unprecedented volatility. Trading volumes spike as institutional and retail investors position themselves for what comes next. The chart tells a story of pure market psychology in action.

Broader Implications

Solana's performance at this critical level doesn't just affect SOL holders—it sends ripples across the entire altcoin market. A decisive break either way could set the tone for digital assets through year-end. Because nothing says 'stable store of value' like a coin that lives or dies by a single price point.

One number now holds the key to Solana's immediate future. The market awaits its verdict.

TLDR

• The U.S. stock market is closed on Thursday, November 27, 2025, for Thanksgiving Day
• Trading will resume Friday, November 28, with markets closing early at 1:00 p.m.
• Banks, the U.S. Postal Service, and most shipping carriers are also closed for the holiday
• Foreign stock exchanges in Shanghai, Hong Kong, Tokyo, and London remain open on Thursday
• Historically, Thanksgiving week has been positive for stocks, with the S&P 500 averaging gains during this period

The U.S. stock market will be closed on Thursday, November 27, 2025, in observance of Thanksgiving Day. Both the New York Stock Exchange and Nasdaq Stock Market will halt trading for the federal holiday.

The U.S. bond market and over-the-counter markets will also be closed on Thursday. This leaves domestic investors without access to trading for the day.

Trading will resume on Friday, November 28, but with shortened hours. Markets will close early at 1:00 p.m. on Black Friday.

Banks across the country will be closed for Thanksgiving. The U.S. Postal Service will also suspend operations, as Thanksgiving is one of 11 postal holidays observed in 2025.

Most shipping carriers will have limited or no service on Thursday. UPS will suspend its Domestic Ground, Air, and International shipping services, though some UPS Store locations will remain open. FedEx will mostly be out of commission, with only its Custom Critical services operating.

Foreign stock exchanges will continue normal operations on Thursday. The largest exchanges in Shanghai, Hong Kong, Tokyo, and London will all be open for trading.

Historical Market Performance During Thanksgiving

Thanksgiving week has historically been a positive period for the stock market. The week includes trading sessions directly before and after the holiday.

In 2024, the S&P 500 ROSE 1.1% during Thanksgiving week. Over the past five years, the index has gained an average of 0.7% during the holiday week. The ten-year average shows a 0.3% gain during this period.

This year has presented different challenges. The S&P 500 has fallen 0.4% in November so far, breaking from the month’s historical reputation as one of the strongest of the year. Last year, the index gained roughly 5% during the same period.

Concerns over artificial intelligence valuations have weighed on major indexes this month. Market concentration, with a small number of technology companies driving broader performance, has created volatility.

About the Holiday

Thanksgiving became a federal holiday during the Civil War. President Abraham Lincoln proclaimed a national day of thanksgiving in October 1863, to be celebrated on Thursday, November 26 of that year.

President Franklin D. Roosevelt attempted to change the date in 1939. He moved the holiday back a week to extend the Christmas shopping season and boost the economy. Some states disagreed with the change.

In 1941, Roosevelt signed a bill designating the fourth Thursday in November as Thanksgiving Day. This established the current date for the holiday.

The holiday is thought to be modeled on a 1621 harvest meal between the Wampanoag people and English colonists. The modern celebration includes gathering with family, eating traditional foods like turkey and stuffing, and watching parades such as the Macy’s Thanksgiving Day Parade in New York City.

Markets will return to normal hours on Monday, December 2.