A promising November for Solana has given way to a stark December reversal. After a month characterized by institutional inflows and robust network metrics, SOL’s price tumbled sharply on December 1, 2025, plunging 10% from approximately $140 to a low of $124. This dramatic move has market participants debating whether it represents a standard market correction or the initiation of a more sustained downtrend.
The pressure on Solana was part of a broader cryptocurrency decline. On the same day, Bitcoin briefly fell below $86,000, Ethereum shed over 7%, and major altcoins including Dogecoin and Cardano posted double-digit losses. Two primary macro forces are driving the volatility.
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