With the crypto market showing signs of recovery, both the XRP and Solana Exchange Traded Funds (ETFs) have attracted significant investor interest. The rivalry among major crypto ETFs has intensified, with XRP taking the spotlight amid its consistent surge in daily inflows and the Solana ETF recording significant outflows.

Solana ETFs See Largest Outflow Yet

Solana has entered a surprising phase of turbulence as its recently launched US Spot ETF struggles to maintain momentum after weeks of inflows. The latest data from Sosovalue reveal a sizable setback with a fresh withdrawal of $32.19 million, marking the third and largest outflow recorded since the investment product debuted in late October 2025. 

The outflow, registered on December 3, came as a major surprise, especially given that the broader crypto market had been enjoying a slight reprieve from the bearishness weighing it down. Notably, Sosovalue’s data shows that the entire Solana ETF outflow originated from the 21Shares TSOL offering, which shed $41.79 million in a single session. Minor inflows into the remaining six Solana ETFs had softened the blow, reducing total outflow to $32.19. 

Since the launch of Solana ETFs, TSOL has been responsible for all negative flows posted, including the $13.55 million pullback on December 1 and the $8.10 million decline in late November. Across all sessions, 21Shares Solana ETF has now seen total outflows reach $101.51 million. 

The weakness in TSOL stands in sharp contrast to Bitwise’s Solana ETF, BSOL. BSOL continues to outpace other investment products, with impressive cumulative inflows of $580.72 million, making it the most successful Solana ETF. Grayscale’s GSOL follows at a distant $89.01 million. Overall, the net cumulative inflows for the Solana ETF have reached $623.21 million. While this is impressive, it is still significantly behind the XRP ETF. 

XRP Overtakes Solana ETF As It Nears $1 Billion Inflows

The latest on-chain numbers show the XRP ETF pulling ahead of the Solana ETF with surprising speed and volume. Analyst Neil Tolbert highlighted the rise in XRP ETF inflow this week, noting that growing institutional interest indicates the trend is only getting started. With more XRP ETFs expected to debut soon, Tolbert anticipates a significant rise in demand and inflows as traditional finance finally wakes up. 

Five Spot XRP ETFs collectively hold more than $984 million in assets, with less than $16 million to reach the $1 billion inflow milestone. Canary Capital’s XRPC leads with $358.88 million, followed by Grayscale’s GXRP, Bitwise’s ETF, Franklin Templeton’s XRPZ, and finally REX-Osprey’s XRPR.  

According to SosoValue, the total XRP ETFs, excluding that of REX-Osprey, have attracted approximately $887.12 million in net cumulative inflows. Since its launch in November, the XRP ETF has recorded 15 days of positive inflows, in stark contrast to Solana ETFs, which have seen multiple outflows. 

Despite Solana launching seven ETFs as early as October 2025 and XRP only introducing four last month, XRP ETFs have already surpassed Solana ETFs in total inflows by almost 30%. With fewer products and a later debut, XRP has emerged as the clear winner amongst the newest ETF entrants in 2025. 

Solana failed to stay above $144 and corrected gains. SOL price is now trading below $140 and might find bids near the $135 zone.

• SOL price started a downside correction below $140 against the US Dollar.
• The price is now trading above $135 and the 100-hourly simple moving average.
• There was a break below a bullish trend line with support at $144 on the hourly chart of the SOL/USD pair (data source from Kraken).
• The pair could extend losses if it dips below the $135 zone.

Solana Price Starts Downside Correction

Solana price failed to surpass $148 and started a downside correction, beating Bitcoin and Ethereum. SOL dipped below $145 and $144 to enter a short-term bearish zone.

There was a move below the 23.6% Fib retracement level of the upward wave from the $123 swing low to the $147 high. Besides, there was a break below a bullish trend line with support at $144 on the hourly chart of the SOL/USD pair.

Solana is now trading above $135 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $142 level. The next major resistance is near the $145 level. The main resistance could be $148. A successful close above the $148 resistance zone could set the pace for another steady increase. The next key resistance is $155. Any more gains might send the price toward the $165 level.

More Losses In SOL?

If SOL fails to rise above the $145 resistance, it could start another decline. Initial support on the downside is near the $135 zone and the 50% Fib retracement level of the upward wave from the $123 swing low to the $147 high. The first major support is near the $132 level.

A break below the $132 level might send the price toward the $128 support zone. If there is a close below the $128 support, the price could decline toward the $122 support in the near term.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone.

Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level.

Major Support Levels – $135 and $132.

Major Resistance Levels – $142 and $148.

As the market rebounds, Solana (SOL) is retesting a crucial area that has served as resistance since the November pullbacks. Some market watchers suggest that a short-term rally is likely, while others have highlighted potential signs of weakness.

Solana Eyes $144 Resistance

Solana is attempting to turn the $140 area into support while nearing a key local resistance for the third time in a month. The cryptocurrency has been trading between the $120-$144 levels since mid-November, struggling to hold the high zone of its local range amid the recent market volatility.

Last week, it bounced 10% toward the $140-$144 area but plunged to the range lows after Sunday’s correction, hitting a one-week low of $123 on Monday. As a result, it tested an ascending trendline that has served as support since 2023.

Ali Martinez explained that during the pullbacks, SOL has retested this key support trendline. Notably, each time the cryptocurrency has tapped this trendline, it has registered strong rebounds in the following months, suggesting that the price could rally more than 80% in the mid-term if this support holds.

Following Tuesday’s market rebound, SOL climbed back to the range’s highs, attempting to break above the local range once more. Market observer More Crypto Online affirmed that Wednesday’s rejection from $144 was expected, as it has been a strong resistance for weeks.

The trader considers that investors should not worry as long as the mid-zone of its range, between the $134-$139 levels, holds as support. “It’s not really a breakdown yet; we just have a first sharp pullback,” he affirmed, emphasizing that there’s no evidence that bears are taking the lead.

He noted that breaking below the mid-zone of its range would open the door to a retest of the recent lows and potentially risk a drop to the $117 area or lower. Nonetheless, if bulls take the lead and reclaim the $144 level as support, it will open the door to a retest of higher levels, including the $163 level, where the major next sell wall for SOL is situated.

Is SOL’s Crucial Support Weakening?

Meanwhile, Rekt Capital shared an analysis on longer timeframes, pointing out that Solana has been moving within a clear macro range, situated between the $123 and $296 levels, in the monthly timeframe, clustering in this area since early 2024.

Per the analyst, the cluster has been developing for an extended period, and the potential for distribution and its function as a re-accumulation structure decreases the longer it continues.

Despite this, he emphasized that the focus is on the 21-month horizontal support level. As the analysis noted, Solana recorded a 140% rally during the first major rebound from the region in Q3 and Q4, 2024.

In the second rebound from this support, which started in Q3 2025, SOL saw a significantly smaller rally, surging around 100% to its September local high. Now, the cryptocurrency is rebounding from this level, which could confirm a decreasing trend for the altcoin and raise the alarm about its strength.

“While it is positive to see this rebound, if the move turns into a weaker rebound than the previous ones, then questions will arise regarding the strength of this support,” Rekt Capital asserted.

To prevent this, Solana must breach the one-year downtrend or the multi-week downtrend on the weekly timeframe. “Failing to break either of these trendlines would produce a smaller rally because the prior rebound — the one that rallied around 100% — would fall short and reject from these downtrends instead.”

The analyst concluded that a sequence of progressively smaller bounces “would imply increasing weakness into that support, which in turn would favour the potential for distribution in Solana over time.”

Solana started a fresh increase above the $135 zone. SOL price is now consolidating above $142 and might aim for more gains above the $145 zone.

• SOL price started a fresh upward move above the $135 and $140 levels against the US Dollar.
• The price is now trading above $140 and the 100-hourly simple moving average.
• There is a bullish trend line forming with support at $143 on the hourly chart of the SOL/USD pair (data source from Kraken).
• The pair could extend gains if it clears the $145 resistance zone.

Solana Price Gains Momentum

Solana price started a decent increase after it settled above the $128 zone, like Bitcoin and Ethereum. SOL climbed above the $135 level to enter a short-term positive zone.

The price even smashed the $140 resistance. The bulls were able to push the price above $142. The price is now consolidating gains above the 23.6% Fib retracement level of the recent upward move from the $123 swing low to the $146 high.

Solana is now trading above $140 and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $143 on the hourly chart of the SOL/USD pair.

On the upside, the price is facing resistance near $145. The next major resistance is near the $148 level. The main resistance could be $150. A successful close above the $150 resistance zone could set the pace for another steady increase. The next key resistance is $162. Any more gains might send the price toward the $180 level.

Another Pullback In SOL?

If SOL fails to rise above the $145 resistance, it could start another decline. Initial support on the downside is near the $143 zone and the trend line. The first major support is near the $135 level and the 50% Fib retracement level of the recent upward move from the $123 swing low to the $146 high.

A break below the $135 level might send the price toward the $128 support zone. If there is a close below the $128 support, the price could decline toward the $120 support in the near term.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone.

Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level.

Major Support Levels – $143 and $135.

Major Resistance Levels – $145 and $150.

In a significant development, the bearish action of the Solana price is currently spilling into the SOL-backed Treasury reserves. A recent report shows that corporate treasury companies are experiencing a sharp decline in their SOL holdings in the shadow of broader market unease.

Corporate Solana Reserves Continue To Bleed

Solana is experiencing a notable development that is capable of shaping its next market direction. Ted Pillows, a market expert and investor, shared on the X platform that the corporate treasuries of Solana are sinking further as the price of SOL struggles to regain upward traction.

According to the expert, SOL treasury companies are making new lows that echo through the on-chain corridors of the network. This implied that the wallets previously renowned for their steady accumulation are now showing diminishing conviction as balances discreetly shrink in the current bearish market phase.

The trend shows how institutional Solana holders are adjusting in the face of tightened liquidity and increased volatility, but it’s not a sudden exodus. Rather, it may be a steady, calculated exhalation.

Pillows highlighted that this drop to new lows is a major reason why the price of SOL has been performing badly, as buying demand has faded among institutional investors. Until these companies recover, the expert is confident that a recovery in SOL will be difficult.

However, Solana has started throwing up a quiet flare, one that heralds a recovery. After examining the altcoin’s price action on the weekly time frame, Ali Martinez, a crypto analyst and trader, revealed that SOL is flashing a bullish signal that points to a potential upward move. 

Martinez’s analysis hinges on the key Tom DeMark (TD) Sequential indicator. Since March 2023, the TD Sequential has proven to be very accurate when it comes to identifying SOL trend shifts on the weekly chart. During the ongoing bearish wave, the indicator is flashing a buy signal, suggesting that Solana is likely gearing up for a bounce.

SOL Activity Is On The Rise

Despite Solan’s price facing volatility, the leading network continues to wax strong as activity grows. In a post on X, Solana Daily disclosed that the network’s x402 activity is accelerating at a pace that feels more like an explosion this week. Currently, transactions are broadening, participation is expanding, and on-chain discussion is rising in the community.

The platform highlighted that the daily transaction volume on the protocol reached a new all-time high with approximately $380,000 processed on November 30 alone. This move to a new peak represents a 750% Week-over-Week (WoW) surge.

Furthermore, Solana has flipped the chart in dollar volume for the first time since its inception. With x402 transactions reaching new highs and a flip in dollar volume, the network is emerging as the most active in the cohort.

Solana started a recovery wave above the $135 zone. SOL price is now consolidating and faces hurdles near the $140 zone.

• SOL price started a decent recovery wave above $132 and $135 against the US Dollar.
• The price is now trading above $135 and the 100-hourly simple moving average.
• There was a break above a key bearish trend line with resistance at $138 on the hourly chart of the SOL/USD pair (data source from Kraken).
• The price could continue to move up if it clears $140 and $142.

Solana Price Jumps 10%

Solana price remained stable and started a decent recovery wave above $130, like Bitcoin and Ethereum. SOL was able to climb above the $135 level.

There was a move above the 61.8% Fib retracement level of the downward move from the $145 swing high to the $123 low. Besides, there was a break above a key bearish trend line with resistance at $138 on the hourly chart of the SOL/USD pair.

Solana is now trading above $135 and the 100-hourly simple moving average. It is also above the 76.4% Fib retracement level of the downward move from the $145 swing high to the $123 low. On the upside, immediate resistance is near the $140 level.

The next major resistance is near the $142 level. The main resistance could be $145. A successful close above the $145 resistance zone could set the pace for another steady increase. The next key resistance is $155. Any more gains might send the price toward the $162 level.

Another Decline In SOL?

If SOL fails to rise above the $140 resistance, it could continue to move down. Initial support on the downside is near the $136 zone and the same trend line. The first major support is near the $134 level.

A break below the $134 level might send the price toward the $128 support zone. If there is a close below the $128 support, the price could decline toward the $120 zone in the near term.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone.

Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level.

Major Support Levels – $136 and $134.

Major Resistance Levels – $140 and $142.

XRP and Solana share the opening line of a direct industry alert from a senior Ripple executive who argues that technical maturity alone will not guarantee XRP’s relevance in the next competitive cycle. He points to Solana’s execution style as a benchmark that XRP must study and internalize to stay competitive, drive innovation, and avoid strategic setbacks.

Solana’s Edge And The Core Lessons For Ripple

Luke Judges draws on his experience in the Solana ecosystem to highlight operational lessons for XRP. Before joining Ripple, he built two startups on Solana and ran a validator managing over $30 million in staked tokens. He personally navigated the network’s full market swings from its peak near $200 to a collapse below $10 and its eventual recovery—gaining insights into infrastructure demands, validator economics, and developer dynamics that go beyond theory.

According to Judges, Solana’s growth reflects a combination of speed, practical engineering decisions, and developer-friendly onboarding. He acknowledges Solana’s weaknesses, including a falling validator count that could raise decentralization concerns, but emphasizes that these do not negate the network’s operational strengths. High transaction throughput and pragmatic design choices, he notes, continue to attract builders and support adoption, demonstrating that efficiency and practical execution can drive results even when a system is imperfect.

Judges link these observations directly to XRP’s path forward. He suggests that overlooking the strengths of competing networks creates blind spots that hinder ecosystem development. Studying Solana’s approach can help the network refine its operations, accelerate development cycles, improve tooling for builders, and align technical decisions with real-world usage patterns. These, he indicates, are essential steps for XRP to maintain competitiveness in a fast-evolving layer-1 landscape.

XRP’s Strategic And Competitive Focus

Ripple’s internal roadmap already includes critical enhancements—smart contracts, native staking primitives, and the AlphaNet rollout for XRP Ledger Smart Contracts. However, Judges’ comments signal that technical capability without a sharpened go-to-market strategy is insufficient. He points to the Ethereum Foundation’s recent tightening of its GTM approach after losing market share to Solana as an example of the stakes involved.

To address these challenges, XRP’s competitive focus comes down to three main areas. First, the ecosystem must augment its programmability track with clearly packaged developer value propositions that demonstrate tangible differentiation. Second, validator economics require forward-looking structuring to avoid the attrition dynamics now visible in Solana’s network. Third, go-to-market alignment must accelerate, converting technology milestones into momentum-building enterprise and retail narratives.

Judges’ message ultimately operates as both caution and catalyst. He frames Solana’s strengths not as threats but as operational lessons, while its weaknesses provide a blueprint for pitfalls XRP should avoid. His message is clear: the blockchain space is shifting, and Ripple’s executive team signals that the window to capture the next market cycle demands adaptation, not insulation. The underlying mandate is to learn fast, move faster, and ensure XRP remains structurally relevant in the next phase of blockchain adoption.

Solana started a fresh decline below the $135 zone. SOL price is now consolidating losses below $130 and might decline further below $125.

• SOL price started a fresh decline below $135 and $130 against the US Dollar.
• The price is now trading below $130 and the 100-hourly simple moving average.
• There is a key bearish trend line forming with resistance at $136 on the hourly chart of the SOL/USD pair (data source from Kraken).
• The price could start a recovery wave if the bulls defend $125 or $120.

Solana Price Dips Further

Solana price failed to remain stable above $140 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $135 and $132 support levels.

The price gained bearish momentum below $130. A low was formed at $123, and the price is now consolidating losses. The price recovered a few points and tested the 23.6% Fib retracement level of the downward move from the $144 swing high to the $123 low.

Solana is now trading below $130 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $128 level. The next major resistance is near the $130 level. The main resistance could be $134 or the 50% Fib retracement level of the downward move from the $144 swing high to the $123 low.

There is also a key bearish trend line forming with resistance at $136 on the hourly chart of the SOL/USD pair. A successful close above the $136 resistance zone could set the pace for another steady increase. The next key resistance is $140. Any more gains might send the price toward the $145 level.

Another Decline In SOL?

If SOL fails to rise above the $130 resistance, it could continue to move down. Initial support on the downside is near the $125 zone. The first major support is near the $122 level.

A break below the $122 level might send the price toward the $120 support zone. If there is a close below the $120 support, the price could decline toward the $112 support in the near term.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone.

Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level.

Major Support Levels – $125 and $122.

Major Resistance Levels – $130 and $136.

Momentum on Solana is compressing as the chart approaches two pivotal decision points, making the coming days especially significant. With a deeper corrective target on the macro frame and a respected support zone in the mid-range, SOL is gearing up for a move that could shape its next major trend.

This Wave Completed As Solana Signals A Larger Pullback

Elliott Waves Academy has presented a fresh perspective on SOL, focusing on the weekly timeframe. According to the analysis, SOL appears to have completed its upward wave, identified as wave (1)/(A), within a broader bullish structure. This recent break below a key level reinforces the view that a deeper corrective phase may already be underway.

Based on the wave count and Fibonacci measurements, the correction is expected to extend toward the $49.26–$32.03 range, which aligns with the 50%–61.8% retracement levels. Should SOL reach this area, a clear corrective pattern paired with a strong bounce would help validate the broader bullish thesis and suggest that buyers are stepping back in with conviction. Price behavior within this zone will be critical in determining the next major swing.

If this scenario unfolds as anticipated, a decisive breakout above the key level that was previously broken will act as confirmation for renewed upside momentum. However, a violation of the $8.00 level would invalidate the bullish outlook entirely, signaling a much deeper structural shift.

SOL Coils For Impact As Price Compresses Into A Tightening Structure

According to a recent update from CryptoPulse, Solana is shaping up for what looks like a textbook technical setup. The current structure is tightening, showing reduced volatility and signaling that a decisive move may be approaching. With SOL consolidating, the chart is beginning to align with a major technical level.

The key zone highlighted is the $133 support level, an area that has previously acted as a reliable reaction point for buyers. Real partnerships, continuous development, and increasing on-chain activity are all reinforcing this technical zone with additional weight.

Given this confluence, the strategy becomes clearer: allow price to revisit the $133 region and observe how the market responds. If buyers step in aggressively, forming wicks, bullish engulfing candles, or strong volume spikes, it could signal that the level is holding once again. 

CryptoPulse emphasizes patience above all. Instead of chasing the market, let the chart come to you. When both fundamentals and technicals point to the same area, it often increases the probability of a strong follow-through. Acting on confirmation rather than prediction is the key to building a solid position in setups like this.

As the crypto market rebounds from the recent lows, Solana (SOL) has reclaimed a crucial level, nearing a key resistance area that could set the stage for a long-awaited price recovery rally, according to some market watchers.

Solana Bounces Despite ETF Outflows

The crypto market has surged above the $3 trillion mark for the first time in a week, with Bitcoin, Ethereum, and most leading cryptocurrencies reclaiming crucial support levels lost during the latest market pullback.

Solana joined the market rally and jumped from the recently recovered $135-$140 area to the upper zone of its local range on Wednesday afternoon. Notably, the altcoin has been trading between the $130-$145 price range over the past two weeks, briefly losing the lower boundary during last week’s correction.

This week, SOL’s price has reclaimed some crucial ground, surging over 10% since Monday’s opening and nearing the $145 resistance. Amid this performance, analyst Ted Pillows noted institutional participation, as SOL treasury companies have started to show early signs of recovery.

He also highlighted that Solana Exchange-Traded Funds (ETFs) have experienced record inflows this month despite the correction. According to Farside Investors’ data, the SOL-based investment products have registered $613 million in inflows since their launch on October 28.

It’s worth noting that throughout the recent pullbacks, Solana funds have seen a strong demand, with a 22-day positive streak while the altcoin’s price descended to multi-month lows.

However, as its price recovered, SOL’s ETFs registered their first negative in nearly a month. 21Shares’ TSOL, which launched a week ago, saw $34 million in outflows on Wednesday, outshining the over $13 million and $10 million in inflows of Bitwise’s BSOL and Grayscale’s GSOL. As a result, the whole category recorded net outflows of $8.1 million.

In his analysis, Ted Pillows also noted that “It seems like SOL has bottomed for a while, but institutional buying needs to accelerate here. Otherwise, it won’t take long for Solana to make new lows.”

SOL Ready For December Recovery?

Analyst Ali Martinez suggested that Solana’s pain might be over as its price “usually bottoms when investors capitulate… And for the past two weeks, that’s exactly what’s been happening.”

According to the chart, SOL’s price has historically found a floor when the Net Unrealized Profit/Loss (NUPL) indicator reaches the capitulation zone, which it has recently fallen to. Meanwhile, Crypto Patel highlighted that Solana is breaking out of a one-month downtrend, which could trigger a 25% recovery rally near the key $180 barrier in the coming weeks.

Another market observer warned that the altcoin is “walking straight into the lion’s den” as its price nears the $144-$146 resistance levels. Trader Mr. Ape noted that Solana’s price has been rejected three times from this heavy supply area, and momentum “is slowing again as we hit the zone.”

To the trader, this is the crucial level to watch, as another rejection could send the price to the $132 support, where strong demand lies from the previous bounce. On the contrary, a successful breakout from this level and reclaiming it as support could confirm the shift and trigger a surge to the $157 area.

As of this writing, Solana is trading at $142, a 7.7% increase on the weekly timeframe.