Solana News Today: Solana's $136 Battle: Bulls vs. Bears in Critical Price Showdown

Solana's native token, SOL, faces a critical juncture as liquidity dynamics and macroeconomic conditions test its resilience. Despite a 9% drop on December 1, pushing the price to $123, the cryptocurrency has seen $101.7 million in net inflows through Solana investment products in November, [reflecting persistent institutional demand](https://finance.yahoo.com/news/solana-funds-net-100m-inflows-221613786.html). This inflow, however, pales compared to XRP's $785 million, highlighting shifting investor preferences in the altcoin space. Meanwhile, [the launch of tokenized betting contracts by prediction platform Kalshi](https://coincentral.com/solana-sol-price-11-billion-kalshi-chooses-sol-network-for-betting-tokens/) on Solana's blockchain at an $11 billion valuation has introduced new on-chain activity, though the price remains below key resistance levels.

Technical indicators paint a mixed picture. While the 74.15% probability of a rebound above $100 in early 2025 offers optimism, momentum metrics like the RSI at 37.25 and the 66.89% profitability ratio suggest bearish pressure could linger until SOL reclaims $140 [according to market analysis](https://finance.yahoo.com/news/solana-funds-net-100m-inflows-221613786.html).

[Open interest in derivatives markets dipped 11.43%](https://finance.yahoo.com/news/solana-funds-net-100m-inflows-221613786.html) to $6.68 billion, but a 75% surge in trading volume on December 1 indicates traders are adjusting positions rather than exiting en masse, a sign of structural support.

Kalshi's integration with Solana has injected $2 million in builder grants and connected billions of dollars in crypto liquidity to the platform, yet the price remains below the 100-hour simple moving average at $130. Immediate resistance is at $136, where a bearish trendline has formed, and a break below $122 could push SOL toward $112 [according to market analysis](https://coincentral.com/solana-sol-price-11-billion-kalshi-chooses-sol-network-for-betting-tokens/).

Institutional adoption and whale activity remain pivotal, as large holders can sway price action with single transactions. Looking ahead, Solana's ability to break above $136 will determine whether it can reassert its 50-week moving average at $176 as a mid-term ceiling or reestablish itself as a dominant smart contract platform. With macro sentiment weak and on-chain activity mixed, the market remains in a holding pattern, awaiting catalysts that could tilt the balance between bulls and bears.