#数字货币市场洞察 $SOL The current trend is a bit perplexing.



The price has indeed dropped sharply over the past two days, breaking below the $130 mark, and the technical indicators don't look good—MACD has turned bearish and RSI shows severe oversold conditions. In the short term, the pressure is considerable.

But interestingly, the fundamentals are getting increasingly solid. Over in France, BPCE Bank will officially launch SOL trading services tomorrow (December 8), which is a substantial move by a mainstream financial institution. Looking at the capital side, Solana’s ETF attracted a net inflow of $19.2 million this week, with institutional funds continuing to enter the market.

There’s also a lot happening in DeFi: on-chain DEX trading volume remains in the lead, Drift Protocol just completed a major upgrade, and execution speed has improved significantly. They’ve also launched new savings products, bringing real-world asset yields into the ecosystem, which is quite attractive to institutional users. On the Solana Mobile front, there are plans to issue a new token to drive ecosystem expansion.

Of course, the risks need to be addressed: recently, new phishing techniques targeting wallets have emerged, and Solana Mobile’s chip has been exposed to hardware-level security vulnerabilities. There’s also some internal friction within the ecosystem, with the foundation calling on leading protocols to resolve disputes, and the lending market is still lagging behind Ethereum in scale.

Community sentiment is quite divided now—some people worry that the price will remain weak, while others are betting that institutional interest will bring a decent rebound. Technicals and fundamentals are at odds, and the next move will depend on which side proves stronger.
SOL3.16%
ETH6.82%
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LongTermDreamervip
· 12-09 07:49
Yeah, this wave is definitely tough, but I’m still optimistic about the story three years from now. Prices may be down, but the logic of institutional entry is right in front of us—French banks going live, net ETF inflows, isn’t that mainstream finance casting its vote? Historical cycles tell me that when technical indicators look the worst, it’s usually the bottom. That’s how I got through it before, and I just treat losses as tuition fees. Short-term weakness doesn’t mean there’s something wrong with the fundamentals—upgrades like Drift and ecosystem expansion are the real deal. Security vulnerabilities are definitely annoying, but they’ll get fixed; in the long run, these are just minor episodes. Community splits? That’s normal, it just means there are still people who are bearish, which keeps things interesting. That’s how the market churns its way up.
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TheShibaWhisperervip
· 12-07 17:58
Same old trick again, "buy the rumor, sell the news"? I don't buy the logic that prices have to go up just because institutions are entering the market. Hmm... BPCE launching trading services sounds good, but SOL has really taken a hit these past couple of days. It couldn't even hold $130, so it seems like the short-term pain isn't over yet. Phishing tactics plus chip vulnerabilities—security issues really need to be taken seriously, or it won't matter how many institutions come in. Wait, the lending market size is still smaller than Ethereum's? That's the real shortcoming here. Don't just focus on launching new tokens and expanding the ecosystem.
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airdrop_whisperervip
· 12-07 16:20
Institutions are buying the dip while retail investors are selling at the top—that’s the real situation for SOL right now. Honestly, when BPCE got listed, it felt like the fundamentals were still solid, but the price drop over the past couple of days has been pretty brutal. Wait, wallets got phished again? Security vulnerability? What the heck is going on? Is that $19.2 million inflow real or not? Is the ETF still accumulating? I really need to think about where the bottom is. There’s a lot of action on the DeFi side, but it still feels like we’re waiting to see when the institutions take over. The price broke below 130—damn, where’s my stop-loss? Technical and fundamental analysis are clashing, so we’ll see which one wins out. Anyway, I don’t dare to chase it anymore.
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MEVHunterBearishvip
· 12-07 16:19
Institutions are entering the market but the price keeps dropping—this just doesn’t make sense. Let’s wait and see what happens when BPCE goes live. If there’s still no reaction, it might really be time to consider cutting losses. --- I’ve been talking about phishing vulnerabilities for a while now. The security awareness in the SOL ecosystem is definitely concerning. --- The RSI is this oversold and it’s still dropping, which shows the determination to sell off is pretty intense. --- I want to buy based on the fundamentals, but the technicals make me hesitate. That’s how SOL has been torturing me. --- Just a $19.2M net inflow and people are hyping it this much? Ethereum does more than that in a single day. --- What’s the point of the Drift upgrade? The price still drops whenever it wants. No matter how solid the ecosystem is, it’s useless.
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GasGoblinvip
· 12-07 16:08
To be honest, SOL’s performance this time is quite contradictory. On one hand, the price is dropping; on the other, institutions are entering the market. It’s making me unsure as well. Wait, BPCE Bank is launching SOL trading tomorrow? That’s pretty impressive—a mainstream financial institution’s endorsement is different. The problem is, who dares to bottom-fish at this price level? The technicals look terrible. Wallets are getting phished, and there are chip vulnerabilities—these pitfalls need to be addressed. Otherwise, a few more security incidents and it’s game over. Will institutions really throw money at this DeFi upgrade? I’m skeptical. At this rate, the rebound will depend on mid-December’s performance. It’s too early to draw conclusions now.
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InscriptionGrillervip
· 12-07 16:08
Ha, MACD turns green and RSI is oversold—classic technical breakdown setup, just waiting to liquidate a wave of inattentive retail investors. $19.2 million ETF net inflow? Alright, if that's all the big players are putting in, their appetite seems pretty weak compared to the hype around those 100x coins. BPCE Bank going live? Sounds impressive, but mainstream financial institutions have never been the savior, price still depends on how many chips the whales hold. Wallet phishing plus chip vulnerabilities, constant ecosystem friction… SOL really has a ton of issues, not sure how they dare to hype it up so much. If there’s going to be a rebound, it’ll take time. Getting in now just means being the bagholder. Seasoned pros all know—spotting a true bottom is harder than tightening a screw.
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BearMarketSurvivorvip
· 12-07 16:06
So what if it drops below 130? Institutions are still aggressively buying ETFs. No matter how you look at it, this doesn't seem like a simple dump. Wallet phishing is indeed annoying, but BPCE Bank launching SOL trading is not a signal to be ignored. Is that bit of red on the technical side really something to worry about? The DeFi ecosystem is constantly upgrading—looking at fundamentals feels much more reassuring than staring at candlesticks. Wait, a new Solana Mobile token? Who's getting dumped on this time... Daring to drop below $130? Let's talk again after the institutions finish scooping it up.
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