Solana's SOL Token Price Caps at $140 Amid ETF Competition and Weak Demand

Thursday, Dec 4, 2025 9:16 pm ET1min read

Solana's native token SOL has dropped 6% after failing to reach $147, amidst weak US job market data and soft consumer sentiment. Total value locked on Solana has fallen to $10.8 billion, with several top projects seeing deposit declines of 20% or more. Trading activity on Solana DEXs has also dropped sharply, while new spot ETFs for rival altcoins increase competition. The expected government stimulus could reignite demand for Solana.