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Solana (SOL) Price Support Holds Strong as Schwab Opens Futures Access to Traditional Investors

Solana (SOL) Price Support Holds Strong as Schwab Opens Futures Access to Traditional Investors

Published:
2025-12-17 07:34:49
15
2

Solana's price floor just got a major institutional endorsement.

Charles Schwab, the brokerage giant that manages trillions for Main Street, is rolling out access to Solana futures. It's a quiet but seismic shift—bringing a crypto asset once written off for its outages directly into the portfolios of retirement accounts and conservative investors.

The Institutional Green Light

This isn't some niche crypto exchange. Schwab's move signals that Solana's infrastructure is now deemed 'serious enough' for traditional finance's risk models. It provides a regulated, familiar on-ramp for capital that's been watching crypto from the sidelines, wary of wallet passwords and unregulated platforms.

What This Means for SOL

Futures access does more than just boost liquidity. It creates new avenues for price discovery and, crucially, allows large funds to hedge positions. This institutional toolkit can dampen wild volatility, making the asset class palatable for larger allocations. The support level holding isn't just technical—it's being reinforced by a new class of buyer.

A Cynical Take on Tradition

Let's be honest—the same firms that spent years dismissing crypto as a 'fraud' are now racing to package it into fee-generating products for their clients. The narrative shifts when there's money to be made.

The bottom line? A key resistance wall for mainstream adoption just crumbled. Solana isn't just battling for developer mindshare anymore; it's winning over the custodians of traditional wealth. The game changed today.

TLDR

  • Charles Schwab added SOL futures trading, giving traditional investors regulated access to Solana without holding the actual tokens
  • Solana price is trading around $127, holding above the $120-$130 support zone that has defended against selling pressure multiple times
  • Technical analysts see mixed signals: some point to seller exhaustion and potential recovery toward $145-$200, while others warn of breakdown risk below $120
  • A head-and-shoulders pattern has formed on the chart, though some analysts believe this obvious setup could lead to a fake-out reversal instead of a breakdown
  • SOL closed below its weekly EMA200 indicator, with next major support levels at $112-$108 and potentially $89-$101 if selling continues

Solana price is holding near $127 after Charles Schwab listed SOL futures for its clients. The move brings regulated solana exposure to traditional brokerage accounts.

Solana (SOL) Price

Solana (SOL) Price

The listing allows conventional investors to gain SOL exposure through futures contracts. This removes the need for direct token custody. Bitcoin saw similar listings in 2017, followed by ethereum in 2021.

Charles Schwab’s decision expands institutional access to Solana through established trading infrastructure. The futures product fits into risk-managed portfolio strategies. This development increases SOL visibility within mainstream financial platforms.

JUST IN: $11 Trillion Charles Schwab adds Solana futures to its trading platform pic.twitter.com/hGJL44haSe

— Altcoin Daily (@AltcoinDaily) December 15, 2025

Price action now reflects both spot market demand and derivative positioning. The expanded access places Solana alongside other assets in institutional trading systems. Allocation decisions from traditional investors may now influence SOL price movement more directly.

Current Price Action and Support Levels

Solana is trading around $127 after testing the $120-$130 support range multiple times in recent weeks. The price has repeatedly defended this zone without breaking lower.

$SOL UPDATE pic.twitter.com/c8rXJH5qvm

— Don🐂(@DonWedge) December 16, 2025

This support band has acted as a demand area throughout the recent corrective period. Each test of the lower boundary has failed to produce follow-through selling. Buyers have remained active enough to prevent a clean breakdown below $120.

The upper boundary of the current range sits at $145-$146. Price has revisited the lower support level several times without extending losses. This compression indicates reduced selling momentum at current levels.

Analyst ChiefraT notes that the $120-$125 zone continues to function as key demand. The repeated defense of this area suggests sellers lack the strength to push price meaningfully lower. The range has tightened as volatility has decreased.

Technical Patterns Show Competing Scenarios

A cup-and-handle formation has emerged on shorter timeframes according to one market analyst. This pattern typically indicates controlled consolidation rather than breakdown. The structure suggests price absorption at established demand levels.

$SOL just doing SOL things TBH.

Nice cup & handle forming on but this is the point where sellers look tired.

If we saw clears 127–128 clean, then it simply means it wants to push into low/mid 134.

Not forcing but this setup looks spicy to meeh, forming bullish divergence too.… pic.twitter.com/hkRdiD6IN5

— Henry (@LordOfAlts) December 16, 2025

Bullish divergence appears in momentum indicators despite recent price weakness. A reclaim of the $127-$128 area WOULD signal potential continuation toward the low-to-mid $130s. This would validate a recovery phase based on chart structure.

However, analyst Elja Boom points to a visible head-and-shoulders pattern forming on the chart. This bearish structure is now obvious to most traders. Boom argues that overly clear patterns often result in fake-outs that trap late sellers.

Any brief MOVE below the pattern’s neckline could serve as a liquidity grab. This would exhaust selling pressure before triggering a reversal. The repeated failure to extend losses supports this interpretation.

Crypto Tony maintains a bearish short-term view as long as Solana stays below $129-$132. This resistance zone has rejected previous bounce attempts. A failure to flip $132 into support keeps downside targets at $120-$122 active.

A breakdown below $120 would likely accelerate selling toward $112-$108. These levels align with prior consolidation lows. Until SOL reclaims $132, the short-term bias favors continuation of weakness.

On the daily chart, SOL trades within a descending channel formed after its previous peak. The structure represents a corrective phase rather than trend failure. Price has stabilized within a historical demand zone that previously triggered recoveries.

The channel’s lower boundary continues to restrict downside expansion. Breaking above descending resistance would signal a structural shift. Key validation levels sit at $145 and $167. A sustained break of these areas would open a path toward $200, representing potential gains of 56% from current levels.

Trader Koala’s weekly chart analysis shows SOL closed below the weekly EMA200. This indicator historically separates bull and bear market phases. The weekly close below this level reinforces structural weakness.

The $120-$118 zone represents the last meaningful weekly support. Below that, the next major demand area sits at $89-$101. Koala suggests a full market reset could eventually push SOL toward $30-$50, though this would require sustained macro weakness.

MACD histogram compression indicates exhaustion of downside momentum. The technical setup supports recovery if structural levels continue to hold. Price must reclaim resistance levels with conviction to shift the trend.

The recent listing by Charles Schwab marks the latest expansion of institutional access to Solana.

|Square

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