Solana (SOL) Price Prediction Today: SOL Eyes $129 Resistance After Oversold Bounce

Solana (SOL) Price Prediction Today SOL Eyes $129 Resistance After Oversold Bounce

The price of SOL, the native currency of the Solana blockchain, rose 1.43% in 24 hours to $123.41, slightly outpacing the broader crypto market, which is up 1.1% during that time. The seventh-largest crypto by market capitalization managed to rebound from oversold conditions and is targeting the $129.12 resistance.

What is Driving SOL’s Price Today?

1. Technical Rebound from Key Support (Bullish)

SOL bounced from the critical $118.97 support at the 78.6% Fibonacci retracement level after over-leveraged longs were liquidated. The coin touched a 24-hour low of $118.32 before recovering 4% to its current level.

The $118-$120 zone has reemerged as a visible liquidity floor. With the 14-day RSI now near the “oversold” territory of 35.58, traders view the dips as buying opportunities despite weak trading volume. However, a close above the $129.12 resistance would signal trend reversal potential.

2. $139 Million SOL Options Expiry (Bullish)

On December 26, $139 million SOL options expired, with maximum pain at $180, which is far above the crypto’s spot prices. Only 18% of that total were puts, limiting post-expiry selling. Unlike BTC or ETH options, which skewed bearish, SOL’s neutral options structure meant fewer forced sell-offs were initiated. The $139 million notional was also smaller relative to SOL’s daily trading volume of $3.27 billion.

3. Whale Accumulation (Mixed)

An anonymous whale has added 210,000 SOL (approximately $25 million) to their existing position of $740 million in BTC, ETH, and SOL. This comes despite the whale suffering $56 million in unrealized losses.

Large holders often front-run retail during accumulation phases. However, the whale’s significant losses, down 38% YTD, suggest that it is either a dollar-cost averaging strategy or an anticipation of a catalyst, like updates on an ETF. Historically, such moves preceded price volatility for SOL in 2025, as whale trades led to 15-30% swings in two weeks.

4. Weak Macro Backdrop (Bearish)

The Crypto Fear and Greed Index sits at the “Fear” zone of 27, as $825 million exited from spot Bitcoin ETFs over the last five trading days. SOL’s 24-hour gain of 1.43% outpaced both BTC (1.6%) and ETH (1.3%). While its price stabilized, risk-off sentiment in the broader market limited upside moves.

How Did Spot Solana ETFs Perform?

On December 24, U.S.-listed spot Solana exchange-traded funds (ETFs) recorded $1.48 million in net inflows, with a trading volume of $15.77 million during the session. Fidelity’s NYSE-traded FSOL and VanEck’s Nasdaq-listed VSOL were the only funds that saw inflows on the day.

There are currently eight spot SOL ETFs trading on Wall Street, which have seen $755.77 million in inflows since their launch this year. They collectively hold $930.59 million in assets, representing 1.35% of SOL’s $69.55 billion market capitalization.

Ticker Symbol/ IssuerMarket PriceDaily Net InflowValue TradedNet Assets
FSOL (Fidelity)$14.33$1.08 million$10.10 million$157.08 million
VSOL (VanEck)$15.89$399.11K$231.97K$22.75 million
BSOL (Bitwise)$16.10$0.00$10.10 million$628.27 million
GSOL (Grayscale)$8.93$0.00$2.55 million$157.08 million
TSOL (21Shares)$12.27$0.00$100.60K$5.68 million
SOEZ (Franklin)$20.83$0.00$22.27K$3.14 million
QSOL (Invesco)$12.21$0.00$0.00$2.21 million
SOLC (Canary)$23.63$0.00$1.65K$1.90 million

Solana (SOL) Price Prediction: 27-31 December 2025

SOL rebounded from the 78.6% Fibonacci retracement level ($123.61) after testing $117.32. The seventh-largest crypto’s 14-day RSI reading of 35.58 suggests that it has exited “oversold” conditions. However, the MACD (-0.0226) histogram remains bearish.

The $123-$125 zone now acts as support for SOL. A sustained break above the 30-day SMA ($131.56) could target $135. The 200-day SMA ($174.19) is expected to loom as resistance, as 40% of holders are underwater above $132.

Based on today’s technical analysis, we have predicted the prices at which SOL could be trading over the next five days, expecting its price to reach a high of $124.33 on December 31, representing a 0.66% growth compared to its current market rate. Keep in mind that the rates are subject to market volatility.

DatePredicted PriceChange
Dec 27, 2025$123.48-0.01%
Dec 28, 2025$123.63+0.10%
Dec 29, 2025$123.78+0.22%
Dec 30, 2025$124.01+0.41%
Dec 31, 2025$124.33+0.65%

Final Thoughts on SOL Daily Performance

Solana’s uptick today combines a technical rebound from a key support level, strategic whale accumulation, and $139 million options expiry. However, it faces stiff overhead resistance at $174.19. It is critical for SOL to hold on to its $123.61 support through the December 27 Asian trading hours to continue the upward momentum.

At the time of writing, Solana (SOL) is trading at $123.42 – up 1.47% in 24 hours.

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