Solana prepares for the future with quantum-resistant crypto tests, while institutional flows into Spot ETFs provide a silver lining to recent price action.
What's Happening:
Developers testing quantum-resistant cryptography with Project Eleven
$10.99M inflow into Solana Spot ETFs on Dec 17
Network activity shows decline, with fees down 36%
Price finding support around $124 after 30% monthly correction
Why It Matters: While current network metrics are cooling, the rigorous technical development (quantum resistance) and sustained institutional appetite (ETF inflows) suggest smart money is positioning for the long term, looking past short-term noise.
Technical View: $SOL is in a downtrend but showing signs of stabilization near $120-$124. This is a critical accumulation zone. A bounce here targets $135. Losing $120 opens the door to $110.
🎯 Key Levels:
Support: $120 | Resistance: $135
24h Range: $124 - $128
💡 Build in the bear, harvest in the bull
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Solana #SOL #CryptoInnovation #ETF #Blockchain
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
