Solana’s Critical Juncture: Navigating Technical Headwinds and Market Shifts
As of November 29, 2025, Solana (SOL) finds itself at a pivotal technical crossroads that could significantly influence its near-term price trajectory. The cryptocurrency is currently testing crucial support levels while displaying concerning technical indicators that have historically preceded substantial corrections. Most notably, SOL is approaching a potential Death Cross formation—a technical pattern where short-term moving averages cross below long-term averages, typically signaling bearish momentum. This pattern previously triggered a 59% price correction earlier in 2025, and current projections suggest a possible 21.8% decline toward the $100 support level if the pattern completes. The altcoin has already experienced a significant 47% retracement from its recent peak, reflecting broader market weakness despite ongoing development activity and ecosystem growth. This technical deterioration coincides with shifting investor behavior, as market participants appear to be reallocating capital toward presale opportunities and alternative investments. The convergence of these technical warnings and changing capital flows presents a complex challenge for SOL holders and prospective investors. While Solana's underlying technology and ecosystem development continue to advance, the current market dynamics underscore the importance of careful risk management and strategic positioning. Market participants are closely monitoring whether SOL can defend key support levels or if the projected technical breakdown will materialize, potentially triggering another significant correction phase in Solana's price evolution.
Solana Faces Potential Death Cross as Investors Shift to Presale Opportunities
Solana (SOL) teeters NEAR critical support levels as technical indicators flash warning signals. A looming Death Cross pattern—where short-term moving averages dip below long-term ones—threatens to push prices down 21.8% toward $100. The altcoin has already shed 47% from its recent peak, mirroring a 59% correction seen earlier this year following a similar formation.
Market weakness contrasts sharply with booming interest in presale projects offering predictable growth. Analysts note historical reversals after oversold conditions, but current sentiment leans bearish amid crypto's volatile tides. Realized losses approach critical thresholds, leaving SOL vulnerable to further downside.
Solana ETFs See First Outflow After 21-Day Inflow Streak
Solana's ETF market momentum faltered as U.S. spot products recorded $8.1 million in net outflows, snapping a 21-day accumulation streak. The reversal was driven by 21Shares' TSOL fund, which bled $34 million in a single session.
Bitwise's BSOL ETF absorbed $13.33 million of inflows, while Grayscale and Fidelity products added $10.42 million and $2.51 million respectively. Despite the outflow, solana ETFs collectively hold $964 million in SOL tokens—a testament to sustained institutional interest.
Crypto Copilot Chrome Extension Scam Siphons Solana via Hidden Code
A fraudulent Chrome extension dubbed Crypto Copilot has been stealthily diverting small amounts of SOL from users during routine on-chain swaps. The malware, masquerading as a convenience tool for Solana traders on X (formerly Twitter), embeds additional transfer instructions into transactions—a tactic designed to evade detection.
Cybersecurity firm Socket uncovered the scheme, noting its subtlety: the extension pilfers fractional SOL amounts per swap, making losses negligible enough to escape notice. Active traders, often preoccupied with market movements, are particularly vulnerable to such incremental theft.
Despite minimal installations (15 at last count), the extension has operated unchecked since its June 2024 launch. Its persistence underscores the escalating sophistication of crypto-targeted scams—where attackers prioritize longevity over brute-force wallet drains.
SEC Grants Solana's Fuse Token Regulatory Clarity as Trump Considers Crypto-Friendly Fed Chair
The U.S. Securities and Exchange Commission issued a rare no-action letter to Solana-based DePIN project Fuse, signaling a potential shift in regulatory posture toward utility tokens. The decision confirms the FUSE token—designed solely for network participation rewards—won’t face enforcement action when distributed as described. Deputy chief counsel Jonathan Ingram’s endorsement underscores the agency’s nuanced approach to blockchain infrastructure projects.
Meanwhile, political winds may further align with crypto interests. Former President Donald Trump is reportedly vetting candidates for Federal Reserve chair who favor lighter-touch digital asset oversight. This comes amid accelerating institutional adoption of blockchain technologies that continue to outpace legacy regulatory frameworks.
