{"id":119217,"date":"2025-12-10T03:49:52","date_gmt":"2025-12-10T03:49:52","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=119217"},"modified":"2025-12-10T03:49:52","modified_gmt":"2025-12-10T03:49:52","slug":"is-solana-preparing-for-a-major-breakout-as-analysts-track-a-key-downtrend-break-heres-solana-price-prediction","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=119217","title":{"rendered":"Is Solana Preparing for a Major Breakout as Analysts Track a Key Downtrend Break? Here\u2019s Solana Price Prediction"},"content":{"rendered":"

Solana is back in focus as large traders build fresh futures positions while Bitcoin holds near recent highs. SOL trades around $142 on December 10, up about +6% in the past day.\u00a0<\/span><\/p>\n

According to <\/span>CoinGecko<\/span><\/a>, spot activity is strong too, with roughly $6.3Bn in volume.<\/span><\/p>\n

Traders are rotating into high-beta majors again, and Solana often becomes the go-to choice when sentiment improves.\u00a0<\/span>Bitcoin\u2019s steady position near the top range gives the market a stable backdrop, and Solana is reacting quickly to that tone.<\/span><\/p>\n

DISCOVER: Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/p>\n

What Do On-Chain Metrics Reveal About Solana\u2019s Recent Move?<\/h2>\n

Derivatives data shows why this bounce stands out. CoinGlass <\/span>reports<\/span> SOL futures open interest near $7.5Bn, with about $17Bn in 24-hour futures turnover.\u00a0<\/span><\/p>\n

(Source: Coinglass)<\/a><\/p>\n

Centralized exchanges saw another $1.6 billion in spot trading.\u00a0<\/span>This mix suggests an active market, but not one running too hot, which leaves room for more positions if the trend continues. <\/span>DeFiLlama <\/span>shows<\/span> Solana perp DEXs handling about $1.13 billion in volume over the past day.\u00a0<\/span><\/p>\n

DISCOVER: Top Solana Meme Coins to Buy in 2025\u00a0<\/a><\/strong><\/p>\n

(Source: DefiLlama)<\/a><\/p>\n

Roughly $463M remains locked in on-chain open interest tied to Solana perpetuals.\u00a0<\/span><\/p>\n

It\u2019s a sign that both centralized and on-chain traders are leaning into the move, but doing so with measured positioning rather than excess.<\/span><\/p>\n

Across the Solana ecosystem, daily spot volume on DEXs sits near $3.5 billion.\u00a0<\/span><\/p>\n

The network also logged more than 2.3M active addresses and close to 65M transactions in the past 24 hours.\u00a0<\/span><\/p>\n

DISCOVER: 20+ Next Crypto to Explode in 2025<\/a><\/p>\n

Solana Price Prediction: Will SOL Break the Range After Holding the $145\u2013$150 Zone?<\/h2>\n

Solana is finally showing a bit of strength after weeks of slow trading. The price is now pushing against a key downtrend line that has blocked every rally since early October.\u00a0<\/span><\/p>\n

The analyst\u2019s <\/span>chart<\/span><\/a> shows SOL holding just above the mid-range near $145\u2013$150 after several attempts to form a base around $135. <\/span>Recent candles tell the story. They show higher lows pressing into a flattening trendline, which suggests the selling pressure is losing steam.\u00a0<\/span><\/p>\n

(Source: X)<\/a><\/p>\n

If buyers keep this pace, SOL may soon test a full breakout above the range that has held it back for months. <\/span>Multiple horizontal levels on the chart show how SOL has stayed locked inside a broad range. The first barrier sits near $165.\u00a0<\/span><\/p>\n

The next zone, between $185 and $190, marks an area where sellers pushed back in earlier moves. <\/span>SOL is now pressing against the descending trendline, hinting at a possible breakout attempt.\u00a0<\/span>A close above the trendline would signal the first clear shift in market structure since the November pullback.\u00a0<\/span><\/p>\n

The analyst summed up the setup in simple terms, saying: \u201cEyes on $SOL, breaching up the main downtrend resistance and the horizontal range. Looking absolutely primed for the full bullish breakout.\u201d<\/span><\/p>\n

DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2025<\/a><\/p>\n

The post Is Solana Preparing for a Major Breakout as Analysts Track a Key Downtrend Break? Here\u2019s Solana Price Prediction<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Solana is back in focus as large traders build fresh futures positions while Bitcoin holds near recent highs. SOL trades around $142 on December 10, up about +6% in the past day.\u00a0 According to CoinGecko, spot activity is strong too, with roughly $6.3Bn in volume. Traders are rotating into high-beta majors again, and Solana often […]<\/p>\n","protected":false},"author":0,"featured_media":119218,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-119217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/119217"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=119217"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/119217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/119218"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=119217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=119217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=119217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}