As of November 19, 2025, Solana (SOL) hovers near $136.63, down 3% in 24 hours but holding firm above the critical $130 support zone, per CoinLore. This level, aligning with the 200-day EMA, has caught multiple dips in 2025, forming a double bottom pattern that analysts like Jesse Peralta see as a bullish reversal, per Brave New Coin. On-chain metrics reinforce this: wallet growth surged 12% QoQ to 5.5M active addresses, transaction volume hit 99.1M daily (up 4%), and staking participation reached 64.8% of supply ($60B staked), per Messari. Exchange inflows dropped 15%, indicating reduced selling pressure from long-term holders, per CryptoQuant.
SOL’s chart shows a falling wedge with a curling bottom near $130, per The Market Periodical, where a breakout above the upper trendline ($150–$160) could propel it to $200—a 46% gain from current levels. RSI at 37 signals oversold conditions ripe for rebound, while MACD divergence hints at building momentum, per CoinCodex. Resistance at $188.94–$200.82 looms, but a hold above $130 aligns with historical patterns: November averages 6.9% gains, per CoinCodex. If breached, downside risks $114, but Firedancer upgrades (Q4 2025) could catalyze the surge, per Changelly.
Solana’s $8.6B DeFi TVL (up 30.4% QoQ) and $2.5B daily DEX volume underscore ecosystem resilience, despite 45.4% memecoin hype fade, per Messari. Grayscale’s Solana Trust staking launch and Asia’s first regulated SOL ETF signal institutional inflows, per Coinpedia. Liquid staking at 12.2% (up 16.8%) via Jito and Marinade boosts yields, per. X posts from @Cointelegraph highlight SOL’s 20–25% surge potential to $190–$200 by late November, per CoinDCX. Broader BTC stability ($113,234) supports this, per CoinMarketCap.
A $130 hold could target $200 by December, with $261.72 high for 2025, per CoinGape, but $114 support is key. Monitor TVL on DefiLlama and ETF flows via SoSoValue. Dollar-cost average into SOL with stop-losses below $130, or diversify into USDC for stability, per TradingView. Follow @TheBlock__ on X for upgrades. Solana’s fundamentals—Firedancer and DeFi growth—position it for $300+ in 2026, per InvestingHaven, but volatility demands caution.
