Solana (SOL) Price Today, ETF Flows and 2026 Roadmap: Fresh Forecast After the November Shakeout (Nov. 30, 2025)

Solana (SOL) is trading around $136–$137 on November 30, 2025, stabilizing after a bruising month in which the token slid roughly 27% from early-November levels near $186 but held above key support in the low‑$130s. ^[1]

At the same time, a burst of ETF activity, shifting on‑chain liquidity, security scares and a newly detailed 2025–2026 roadmap are reshaping the narrative around Solana’s price and long‑term prospects. ^[2]

Key takeaways

Price today: SOL trades near $136.3, with today’s intraday range roughly $135.4–$137.0 and a weekly range anchored around the mid‑$130s. ^[3]
November damage: From a Nov. 1 close near $186 to Nov. 30 near $136, Solana has dropped around 27% this month and about 42% over the last 12 months, within a 52‑week range of $95–$295. ^[4]
28–30 Nov news:
- A $8.2M Solana ETF outflow on Nov. 27 ended a multi‑week streak of inflows, followed by the Bitwise Solana ETF’s first zero‑inflow day on Nov. 28 – although total Solana ETF inflows still sit above $500M. ^[5]
- On‑chain liquidity is returning: stablecoin balances on Solana grew about 10% week‑on‑week, adding $1.3B in liquidity, while memecoin trading fell to ~5% of daily DEX volume, signalling a shift toward more “serious” use cases. ^[6]
- AInvest reports TVL down ~20% this month, fees down 16%, active addresses down 6%, plus $8.2M ETF outflows and fallout from a $36M Upbit hot‑wallet hack on Solana, raising the risk of a retest of $100in a worst‑case scenario. ^[7]
- Separately, CoinDesk detailed a malicious “Crypto Copilot” Chrome extension that quietly skimmed fees from Solana swaps for months. ^[8]
Roadmap & adoption: Solana’s 2025–2026 roadmap centres on Firedancer and Alpenglow upgrades, targeting 1M TPS and sub‑150ms finality, with validator count up 57% in 2025 and RWA tokenization around $827M and ~95% of tokenised stock volume. ^[9]
Near‑term price map: Analysts focus on support at $136 and $130, deeper support around $121–$126, and resistance zones at $142–$145, then $150 and $170. ^[10]

Solana price today: where SOL stands after a brutal November

On November 30, 2025, Solana is changing hands around $136.3, with today’s range confined to roughly $135.4–$137.0. ^[11]

Recent daily closes show how tightly SOL has been coiling since the latest sell‑off:

Nov. 28: ~$137.33 (down 2.5% on the day)
Nov. 29: ~$135.92 (down 1.0%)
Nov. 30: ~$136.30 (up ~0.3%) ^[12]

This sideways action comes after a sharp retreat from early‑month levels near $186 and an October high just under $200. Over the last year, SOL has traded between about $95.5 and $294.8, and is currently around 42% below its 12‑month level. ^[13]

In other words: November was painful, but not catastrophic. Solana has given back a chunk of its 2025 gains yet remains well above its 52‑week low and stubbornly defends the low‑$130s.

What happened between 28 and 30 November? The news behind the price

1. ETF flows: from record streak to first zero‑inflow day

For most of November, U.S. spot Solana ETFs were the star of the show, logging a 20‑day streak of net inflows and even notching a single‑day $58M net inflow on Nov. 26, according to AInvest’s roadmap analysis. ^[14]

That changed in the final days of the month:

Nov. 27: Solana ETFs recorded about $8.2M in net outflows, ending the inflow streak. ^[15]
Nov. 28: The flagship Bitwise Solana Staking ETF (BSOL) reported its first day of zero inflows, after previously taking in $39.5M and $31M on Nov. 24–25. Total BSOL inflows still stand around $528M, and the broader Solana ETF complex saw $5.3M of inflows that same day. ^[16]

Price‑wise, SOL has stayed mostly range‑bound during this ETF wobble, hovering in the $130–$140 band and closing Nov. 28 near $136, with technicians eyeing $140–$150 as the next upside zone. ^[17]

At the same time, the ETF landscape is still evolving. CoinShares withdrew plans for a Solana Staking ETF, citing a crowded U.S. crypto ETP market and a strategic pivot ahead of its own U.S. listing. ^[18]

Bottom line: ETF flows have cooled from “ridiculous” to merely “strong”, but cumulative demand remains significant. The first zero‑inflow day looks more like digestion than a mass exodus.

2. On‑chain liquidity surges even as some network metrics sag

Despite the ETF wobble, on‑chain liquidity is quietly rebuilding:

AMBCrypto reports that Solana’s stablecoin supply jumped ~10% in a week, adding about $1.3B in fresh liquidity and restoring stablecoin balances to early‑November highs near $14.3B. ^[19]
Memecoins now make up only ~5% of Solana’s daily DEX volume, the lowest share in two months, even though Solana still leads other L1s in memecoin trading. Capital is rotating from memes to higher‑conviction infrastructure and RWA plays. ^[20]
Real‑world‑asset (RWA) tokenization on Solana has grown roughly 15% over the last 30 days, and AInvest estimates $827M in tokenized assets and over 95% of tokenised stock trading volume running on Solana’s rails. ^[21]

However, the picture isn’t all green:

AInvest’s Nov. 28 “Structural Headwinds” piece highlights a 20% drop in TVL month‑to‑date, a 16% fall in fees, and a 6% decline in active addresses over the past week. It also notes that those $8.2M ETF outflowsmarked the first negative print since the ETFs launched. ^[22]

So while liquidity (stablecoins + RWA) is up, engagement and DeFi TVL have softened, suggesting capital is becoming both pickier and more yield‑sensitive.

3. Security scares: Upbit hot‑wallet hack and a malicious browser extension

Security headlines also coloured Solana’s price action in this window:

AInvest links a $36M hack of a Solana hot wallet on Upbit (Nov. 27) to a 4.9% intraday price drop to around $153, plus temporary restrictions on SOL deposits and withdrawals at the exchange, which reduced short‑term liquidity. ^[23]
Separately, CoinDesk revealed that a Chrome extension called “Crypto Copilot” had been skimming fees from Solana swaps for months, silently redirecting a slice of each trade to an attacker’s wallet. Cybersecurity firm Socket flagged the extension and urged users to avoid closed‑source extensions with signing privileges and to move funds to new wallets if they had used it. ^[24]

Neither incident has derailed the network, but they reinforce a key risk in any Solana price forecast: user‑facing software—wallets, browser plugins, exchanges—remains a major attack surface.

4. Ecosystem wins and a high‑speed roadmap for 2025–2026

While markets obsessed over ETF flows and hacks, Solana’s technical roadmap and adoption story quietly advanced:

AInvest’s roadmap analysis outlines two flagship upgrades:
- Firedancer, a new validator client from Jump Crypto, has demonstrated in testing the potential to push throughput toward 1M transactions per second, improving resilience and reducing single‑client risk. ^[25]
- Alpenglow, a consensus overhaul rolling out in Q4 2025, targets sub‑150ms finality (vs ~12.8 seconds previously), specifically to support high‑frequency trading, real‑time auctions and institutional‑grade financial infrastructure. ^[26]
The same piece notes 57% growth in validator nodes in 2025 and staking yields around 7%, both important for decentralization and income‑seeking institutions. ^[27]
ZyCrypto/TradingView summarized the week by saying “adoption for Solana skyrockets”, citing a flurry of new products, institutional milestones and analyst models that see room for far higher valuations over longer timeframes. ^[28]

Even rivals are paying attention: a Ripple executive publicly urged the XRP community “not to ignore Solana”, underscoring SOL’s growing status as a benchmark competitor alongside Ethereum. ^[29]

Technical picture: key Solana price levels to watch

Across the last three days, multiple technical and macro‑research shops have converged on a similar zone‑based map for SOL.

Support zones

$136–$138:
- MRKT Edge’s intraday analysis flags $136.5 as key support, repeatedly defended during late‑November consolidation. ^[30]
$130 region:
- Recent lows and ETF‑driven rebounds have clustered around the low‑$130s, with several analysts treating this as a short‑term “line in the sand” for the bullish structure. ^[31]
$121–$126:
- Brave New Coin highlights this band as the demand zone where aggressive buyers stepped in earlier in November, turning back the sell‑off. ^[32]
$100:
- AInvest’s bear‑flag analysis projects that a decisive breakdown could target the $100 area, especially if network metrics continue to weaken and security concerns linger. ^[33]

Resistance zones

$142–$145:
- MRKT Edge calls this the “decision zone for trend continuation”, noting ~13M SOL of historical volume parked there. ^[34]
- Several articles, including The Crypto Basic and AMBCrypto, have also identified this band as where recent bounces stalled. ^[35]
$150:
- Coincentral and trading‑desk analysis suggest that a clean break above $150 could open room for a further push into the mid‑$150s and beyond, especially if accompanied by renewed ETF inflows. ^[36]
$170:
- AInvest’s ETF‑driven recovery note frames $170 as a reasonable near‑term target—roughly 25% above current levels—if ETF demand resumes and Alpenglow’s rollout goes smoothly. ^[37]

For now, the market is coiling between the $136 support area and the $142–$145 resistance band. A breakout or breakdown from this range is likely to set the tone into December.

Short‑term Solana price forecast (December 2025)

This section is for informational purposes only and is not financial advice or a recommendation to buy or sell any asset.

Base case: choppy range between $130 and $150

Given current data, a sideways‑to‑slightly‑bullish base case looks plausible:

ETF flows have cooled but remain structurally supportive after hundreds of millions of dollars in net inflowssince launch. ^[38]
Stablecoin and RWA inflows show fresh liquidity rotating into Solana, even as TVL and fees dip. ^[39]
Technicals show buyers consistently defending $136–$138 and $130, while sellers defend the $142–$145band. ^[40]

Algorithmic forecasts like Changelly’s short‑term model also expect SOL to hover in the mid‑$130s, slowly drifting toward $140–$143 into mid‑December, which broadly matches this “choppy range” scenario. ^[41]

Under this base case, Solana spends much of December oscillating between $130 and $150, with breaks above $145 often fading unless accompanied by strong ETF or macro tailwinds.

Bull case: breakout toward $170 and possibly $200

A more optimistic path, reflected in AInvest and several trading‑desk analyses, looks like this: ^[42]

SOL reclaims $145 and convincingly breaks above $150 on high volume.
ETF flows turn positive again, with cumulative inflows extending beyond the current ~$600M+ mark and BSOL resuming its upward trajectory. ^[43]
Alpenglow’s rollout does not cause major stability issues, and RWA/DeFi usage continues to expand.

In this scenario, a move into the $160–$170 band becomes realistic in the coming weeks, with a stretch target near $200 if risk‑on sentiment returns across crypto (e.g., Bitcoin reclaiming higher ranges after its negative November). ^[44]

Bear case: breakdown toward $120 or even $100

The bear case reprises the warnings from AInvest’s structural‑headwinds piece: ^[45]

ETF flows stay negative or flat for an extended period, and CoinShares’ ETF withdrawal becomes a broader trend rather than an isolated strategy shift. ^[46]
Network metrics (TVL, fees, active addresses) continue to deteriorate, or further security incidents erode user confidence. ^[47]
SOL loses the $130 level, pushing price back into the $121–$126 demand zone highlighted earlier this month. ^[48]

If that demand zone fails and macro conditions stay risk‑off, the bear‑flag structure AInvest describes could project a deeper move toward the $100 area before stronger long‑term buyers re‑emerge. ^[49]

Medium‑term Solana forecast: 2026 and beyond

Medium‑term forecasts are inherently speculative, but current research and commentary cluster around a few broad themes.

Institutional‑adoption thesis

AInvest’s ETF‑driven recovery note sees Solana as entering a new phase of institutionalization, driven by: ^[50]

The approval of multiple U.S. spot Solana ETFs in late 2025, helped by a more crypto‑friendly SEC and streamlined listing standards.
Cumulative ETF inflows around $600M+ within weeks of launch, with projections of $3–6B in year‑one demand in bullish scenarios.
The combination of staking yields above 5–7%, low transaction costs and improved scalability after Firedancer/Alpenglow.

Under this lens, $170 is framed as a near‑term waypoint, with $200–$220 as the next resistance band if ETF demand remains robust, and more aggressive models pointing to potential retakes of the $295–$300 all‑time‑high zone and even four‑digit prices by 2030 if everything goes right. ^[51]

Growth‑stock style narrative

Outside pure crypto media, outlets like The Motley Fool have argued that Solana could “make a serious run at $300” in 2026, noting that it still trades about 55% below its early‑2025 all‑time high near $294 and may benefit from upcoming U.S. crypto legislation that clarifies the rules of the game. ^[52]

Meanwhile, investment features on “best cryptos to buy now” frequently bucket Solana as a higher‑risk, higher‑reward pick for investors comfortable with volatility but bullish on high‑throughput smart‑contract platforms. ^[53]

Structural risks that could cap upside

The bullish narrative has real counterweights:

Security and UX risk: Incidents like the Upbit hack and malicious extensions show that, while core protocol upgrades reduce outages and latency, user‑facing infrastructure is still fragile. ^[54]
Competition: Ethereum remains the default institutional chain, while newer L1s and L2s continue to court DeFi and RWA developers. Some influential investors have publicly argued that only a handful of chains will truly matter long‑term. ^[55]
Macro and regulation: November’s drawdown across crypto—Bitcoin down over 16% for the month, altcoins choppy to flat—showed how quickly risk appetite can vanish as Fed policy or AI‑bubble fears shift. ^[56]

Taken together, the medium‑term story is “high potential, high execution risk”: Solana has a credible shot at being core infrastructure for tokenization and real‑time finance, but needs to navigate security, competition and macro headwinds.

What to watch if you’re tracking Solana’s price

If you follow SOL closely, here are the key dials to keep an eye on over the coming weeks:

ETF flow data – especially daily numbers for BSOL and other U.S. Solana ETFs. Renewed inflows after the Nov. 27–28 wobble would support the bull case; persistent outflows would strengthen the bear case. ^[57]
Price vs. zones – whether SOL holds $130–$136 and how it behaves around $142–$145 and $150 will likely determine December’s path. ^[58]
On‑chain health – trends in TVL, fees, active addresses and stablecoin supply (especially if TVL keeps falling while stablecoin balances rise) will reveal whether Solana is attracting sticky usage or just hot money. ^[59]
Security headlines – new hacks, large protocol exploits or wallet incidents could put pressure on price even in a technically bullish setup. ^[60]
Roadmap milestones – Firedancer’s rollout, Alpenglow’s impact on latency, and continued RWA expansion via platforms like xStocks and Remora will shape Solana’s long‑term multiple more than any single day of price action. ^[61]

Final thoughts

From 28–30 November 2025, Solana’s story has been one of tension between near‑term headwinds and long‑term momentum:

ETF flows cooled but remain structurally positive.
Liquidity is flowing back on‑chain even as some network metrics soften.
Security scares remind everyone of crypto’s residual fragility.
The 2025–2026 roadmap, RWA dominance and validator growth paint a credible institutional future for the network.

In price terms, that tension is now crystallised in a $130–$150 range. A break out of this box—either toward $170+ or back toward $120–$100—will likely define how traders remember Solana’s end to 2025.

As always, do your own research, size risk carefully and never invest more than you can afford to lose. This is an informative overview, not financial advice.

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