Four Key Catalysts That Could Drive Solana’s Price Up by 80%

Updated
December 1, 2025
Gambar Four Key Catalysts That Could Drive Solana’s Price Up by 80%

Jakarta, Pintu News – The price of Solana has remained stable this week as sentiment in the crypto industry improved and investors bought when prices fell. Solana token rose to $145 as of today, November 28, an increase of about 18% from its low point this month.

Here are some of the main reasons why SOL tokens might be gearing up for a surge of around 80%.

Falling Wedge Pattern on Solana Indicates a Potential Rebound

On the daily timeframe chart (11/28/25), we see that the SOL price formed a combination of a falling wedge and bullish divergence pattern. This falling wedge pattern began to form from September 25 this year, characterized by two descending trend lines that are approaching each other.

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On closer inspection, the token price has already broken the upper side of the wedge pattern. In addition, leading oscillator indicators such as the Relative Strength Index (RSI) and Percentage Price Oscillator (PPO) are starting to show bullish divergence patterns.

The RSI rose from the oversold level of 28 to 44, and it has broken the downtrend line connecting the highest points since September 18.

The two lines on the PPO indicator have also undergone a bullish crossover. The combination of these technical signals indicates the potential for a strong rebound, possibly towards September’s high of $253 – up about 80% from its low this year.

Solana’s fundamentals are getting stronger

SOL’s price increase was also driven by its strengthening fundamentals. Firstly, data from Nansen shows that Solana is currently the most active network in the crypto industry.

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Its transaction count jumped 16% in the last 30 days to 1.84 billion – higher than other major networks like Ethereum , BSC, Base, and Arbitrum combined. The number of active addresses also rose 13% in the same period, reaching over 63.1 million.

Additional data from CoinGlass shows that open interest for Solana futures has also started to increase. Its value rose to $7.5 billion on Friday, from this month’s low of $6.6 billion. The rise in open interest suggests that investors are starting to use leverage, which typically drives up the price of crypto assets.

Source: CoinGlass

Finally, American investors continue to accumulate Solana exchange-traded funds (ETFs). Data shows that the SOL spot ETF has recorded inflows of more than $613 million, with the cumulative total reaching $917 million.

Currently, the Solana ETF represents about 1.15% of Solana’s market capitalization. If this percentage rises to Ethereum’s level of 5%, then the ETF’s total holdings could surpass $4 billion.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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