Solana’s Bullish Trajectory: Institutional and DeFi Adoption Fueling Momentum Toward $155

As of November 29, 2025, Solana (SOL) is demonstrating significant bullish momentum, currently trading near the $140 mark and testing crucial resistance levels. The cryptocurrency has successfully consolidated above critical support zones, particularly showing strength in the $115-$128 demand region where it has repeatedly defended against downward pressure. Technical analysis indicates that if the current momentum persists, SOL could potentially reach the $152-$155 range, representing a substantial upside from current levels. The network's growing adoption serves as a fundamental driver behind this positive price action. Both institutional platforms and decentralized finance (DeFi) protocols are contributing to increased demand for Solana, creating a robust ecosystem that supports its valuation. The expansion of institutional interest combined with DeFi's continuous growth on the Solana blockchain suggests a sustainable upward trajectory rather than mere speculative trading. Market structure analysis reveals that Solana has established strong foundational support, allowing for consistent testing of higher resistance levels. The repeated defense of key support zones indicates strong investor confidence and accumulating buying pressure at lower price points. This technical foundation, coupled with expanding real-world utility through institutional adoption and DeFi integration, positions Solana for potential continued growth. The convergence of these technical and fundamental factors creates an optimistic outlook for SOL's performance in the coming period, with the $152-$155 target representing a realistic near-term objective based on current market dynamics and adoption trends.

Solana Gains Momentum as Institutional and DeFi Adoption Expands

Solana's SOL token is testing key resistance levels after consolidating above critical support zones. The asset now trades NEAR $140, with market structure suggesting potential upside toward $152-$155 if current momentum holds.

Network adoption continues accelerating, with institutional platforms and DeFi protocols driving demand. Technical analysts highlight Solana's repeated defense of the $115-$128 demand region throughout 2025 as evidence of strong underlying accumulation.

Separately, Remittix's product update has sparked renewed discussion about blockchain infrastructure development, though market attention remains focused on Solana's price action and ecosystem growth.

Upbit Suffers Major Solana Wallet Breach, Vows to Cover All Losses

South Korea's largest crypto exchange, Upbit, reported a significant security breach involving its solana network wallet. Unauthorized transfers initially estimated at 54 billion won ($37 million) were later adjusted to 44.5 billion won ($30.5 million) after review.

The breach originated from a compromised hot wallet, while cold storage remained secure. Upbit detected the irregular activity at 4:42 a.m. KST and immediately suspended deposits and withdrawals.

The exchange pledged to absorb all losses from its own reserves, ensuring no user funds are affected. This incident marks Upbit's second major security breach, underscoring persistent vulnerabilities in crypto custodial services despite industry growth.

Solana ETF Inflow Streak Ends After 22 Days as TSOL Records $34.4M Outflows

Solana's remarkable 22-day ETF inflow streak has snapped, with 21Shares' TSOL fund leading a $34.4 million exodus on November 26. The broader SOL ETF complex saw $8.2 million in net outflows, marking its first negative FLOW after weeks of institutional accumulation.

Bitwise's BSOL had previously dominated inflows, but market dynamics shifted as investors appeared to take profits. Analysts note the outflow appears isolated to specific products rather than sector-wide bearishness—most mutual funds maintained positive flows during the same period.

The interruption suggests a potential recalibration of Solana's near-term momentum rather than structural abandonment. Institutional participation remains a key driver for SOL's market performance, with ETF flows serving as a critical sentiment indicator.

Solana ETFs Snap 18-Day Inflow Streak with $8.1M Outflow

Solana ETFs recorded their first net outflows of $8.1 million on November 27, 2025, halting an 18-day inflow streak that had amassed over $500 million in institutional investments. The reversal was driven by a $34 million single-day withdrawal from 21Shares' TSOL fund—a stark contrast to Bitwise’s BSOL ETF, which retained dominance with $13.33 million inflows.

XRP ETFs remained unscathed, maintaining their upward trajectory with $643 million in cumulative inflows since launch. The sudden shift raises questions about whether Solana’s market euphoria is cooling or merely experiencing a temporary setback.