Derived from 币界网, Solana's native token SOL is at a critical juncture as liquidity dynamics and macroeconomic conditions test its resilience. Despite a 9% price drop to $123 on December 1, the cryptocurrency has seen a net inflow of $101.7 million. Institutional demand remains evident with $100 million in investment product inflows in November, though it lags behind XRP's $785 million. Meanwhile, prediction platform Kalshi launched tokenized betting contracts on Solana, valued at $110 billion, adding new on-chain activity. Technical indicators show mixed signals, with a 74.15% probability of a rebound above $100 by early 2025, but momentum indicators like RSI at 37.25 and a profitability ratio of 66.89% suggest bearish pressure may persist before SOL reaches $140. Open interest in derivatives markets fell 11.43% to $6.68 billion, but trading volume surged 75% on December 1, indicating position adjustments rather than exits. The key resistance level remains at $136, and a break below $122 could push SOL toward $112.
Solana Price Faces Key $136 Resistance Amid Mixed Market Signals
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