the total value locked (TVL) has hit a six-month low of $8.6 billion, raising questions about the future trajectory of the SOL$SOL token. As of December 17, 2025, SOL$SOL price has plummeted by 52% from its recent peak of $255, which was recorded on September 18.
Onchain data reveals a bearish pattern that suggests investors may be bracing for further declines. The current market conditions are prompting discussions among analysts and enthusiasts alike regarding the possibility of SOL$SOL testing the $80 price point in the near future.
This downturn is particularly notable given Solana’s previous highs, highlighting the volatility inherent in the altcoin market. As the ecosystem grapples with these challenges, the implications for DeFi protocols and overall investor sentiment remain significant. Observers will be closely monitoring Solana’s performance in the coming weeks, as the community seeks to navigate this turbulent phase and restore confidence in its blockchain capabilities.
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