Solana Approaches $140 As Crypto Markets Regain Momentum
Solana prices rallied on 11.24.25 as the cryptocurrency broke free from stagnation. gettySolana prices rallied sharply on Monday, November 24, climbing to almost $140 as the crypto markets seemingly bounced back. The SOL token, which is the native digital asset of high-performance blockchain platform Solana, rose to $139.85, according to Coinbase data from TradingView. This happened as the value of the entire digital currency market increased to as much as $3.06 trillion, up roughly 8.5% from the figure of $2.82 trillion in reached on November 21, CoinMarketCap data reveals. “Right now, the entire crypto market seems to be regaining momentum,” the YouTuber who goes by Wendy O stated via email. Joe DiPasquale, CEO of cryptocurrency hedge fund manager BitBull Capital, specifically spoke to momentum in Solana’s SOL token, emphasizing that it was one of the reasons the cryptocurrency rose in value lately. “Some of the move is also simple momentum: after several weeks of consolidation, Solana broke through short-term resistance levels, triggering fresh buying,” he noted via email. Sustained ETF Inflows Several analysts highlighted the continued inflows that solana-based exchange-traded funds (ETFs) have been attracting lately. “The last 19 days Solana ETFs have shown strength with inflows of at least $20M+ in inflow daily, which is a good sign showcasing Solana’s strength, institutional interest," noted Wendy O. Independent cryptocurrency analyst Armando Aguilar also mentioned ETFs, and the impact they are having on the markets, when explaining the latest price movements in Solana’s SOL token. “Despite the market having a sell-off, Solana continues to see capital inflows to its ETFs, which has contributed partially to the positive price momentum,” he clarified through emailed commentary. “The Solana ETF race has intensified, with 21Shares joining Fidelity, Bitwise and others to launch their own SOL ETFs and products,” stated Aguilar. Solana Proposal Could Reduce Inflation Rate The analyst also emphasized the potential impact that SIMD-0411, a proposed change in protocol, could have on Solana’s tokenomics. This proposal would double Solana’s disinflation rate to 30% from its current rate of 15%. It might eliminate as many as 22 million tokens from the planned emission schedule, an amount that is worth billions of dollars using today’s prices. This would cause the network to reach its intended long-term inflation rate of 1.5% in slightly more than three years, compared to the current estimate of more than six years. “This proposal has been very bullish for investors, who seem to be taking the news quite positively,” Aguilar stated. “Given the law of supply and demand - SOL’s price has momentum to recover in the short term and given its network activity, integrations and cross-chain access, investors could see good price appreciation on the blue-chip token,” he emphasized.
