Solana (SOL) Price Holds Below $130 as Bitcoin and Ethereum Consolidate—Here’s What to Watch in 2026
Solana (SOL) trades around $123.65 as of December 29, 2025, holding below $130 amid consolidation in Bitcoin and Ethereum, with daily lows near $122 and highs at $130. This reflects broader market caution during holiday thin volumes, though ETF inflows signal underlying strength.
Technical Levels
Key support sits at $118-$120, aligning with 50-day moving average trends near $134, while resistance caps at $145-$150 in a descending channel pattern. RSI indicators show oversold relief attempts, but momentum fades without BTC breaking $90,000 decisively.
2026 Catalysts
Watch Solana ETF AUM surpassing $940 million, staking yields at 7%, and potential breakouts above $200 targeting $300-$450 if cup-and-handle resolves bullishly. Institutional flows ($500M+ inflows) and network throughput (70M daily txns) position SOL for altcoin leadership post-consolidation.
Investor Strategy
Bearish sentiment (Fear & Greed at 24) favors dips near $120 for entries, with volatility at 4.6% signaling short-term bounces but 2026 upside to $1,000 possible on DeFi/NFT growth. Binance Square aligns with prior whale buys, viewing this as accumulation phase before Q1 rally.
