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Story Highlights SOL price sits at a crucial support region where market conviction remains weak. wXRP launch introduces regulated cross-chain liquidity that may influence Solana crypto demand. Altcoin rotation accelerates as Bitcoin consolidates and XRP tests the $2 zone. The $SOL price is navigating at an very critical zone that trades at a high-stakes support band that stretches from $118 to $138.30. Despite short-term bounces, momentum still remains fragile. Meanwhile, renewed attention from the $XRP ecosystem through wrapped XRP expansion and rising cross-chain liquidity adds fresh complexity to broader altcoin market rotation. To know why, continue reading below. SOL Price Holds the Line as Structure Signals Weak Conviction Looking at SOL price chart, the observation shows it has entered one of its most important support areas of the cycle, forming a wide demand band between $118 and $138.30. While lower timeframes show attempts at recovery, but still buying strength lacks the impulsive structure that’s typically required for a reliable rebound. Moreover, the recent bounce resembles corrective behavior rather than the start of a new trend, keeping downside risk still open wide. On the Solana price chart, the entire decline can still be interpreted as an A–B–C corrective pattern, per an x post. In this structure, the current upswing appears similar to an internal wave-4 rally, with the possibility of one more leg down. This scenario projects harsh odds toward the $81–$90 region before any durable reversal or demand-based price action develops. XRP’s Cross-Chain Expansion Adds a New Layer to Market Rotation Moving away from the SOL price USD’s perspective for a while, the altcoin landscape comes to mind, which seems to be shifting, suggesting maturity is coming to the market. As a blue-chip altcoin, XRP continues to operate within a tight consolidation range near the $2 psychological zone, which demonstrated resilience during the Q4 2025 crash, and its broader fundamentals are now strengthening. This suggest a big move on the upside in XRP is a big possibility. Take this, for instance, in the latest development that emerged with Hex Trust’s announcement of wrapped XRP (wXRP), a fully regulated, 1:1-backed representation of native XRP. The asset will be issued and custodied by Hex Trust, enabling institutional-grade exposure across DeFi applications without reliance on unregulated third-party bridges. Notably, wXRP will be tradable across multiple chains, including Solana, and by doing so, it is aiming to unlock more than $100 million in initial total value locked (TVL). As per an reliable source, the authorized merchants will be able to mint and redeem wXRP in a regulated environment, while all underlying XRP remains segregated in institutional custody. This structure expands XRP’s use across swaps, lending, liquidity provisioning, and collateral markets. Furthermore, LayerZero integration ensures secure cross-chain mobility, positioning Solana as one of the first major ecosystems to receive deep XRP liquidity. SOL Price Forecast Hinges on Final Wave Completion So, both asset price actions can see a big leap, if investors buy this news as big as it is and if that happens then bearish odds could be flipped before december concludes. Now, the current technical landscape leaves room for one more push lower if SOL digests another news before becoming a catalyst then it will decline by following ABC corrective pattern and if the final leg of the C-wave unfolds, then downside could extend toward $81–$90, too. However, if buyers convincingly defend the $118–$138 region, and buys this news, a broader B-wave bottom may already be forming. Either outcome places the SOL price at a pivotal moment as traders assess whether upcoming rotations are fueled partly by new cross-chain liquidity from wrapped XRP, which can reignite momentum.

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$SOL ecosystem is showing a structural buildup beneath flat price action, as stablecoin supply on Solana hit a new all-time high of $16.44B while SOL itself remains range-bound for the past 30 days. The divergence suggests capital is positioning on-chain rather than exiting, often a precursor to volatility expansion. For traders and investors, the message is clear: patience is critical, as prolonged consolidation frequently sets the stage for larger directional moves once liquidity finally deploys.

SOL/USDT I buy 5 solana with 132.36 usd total of 684 and i order to sell with 142 almost 740+ usd