Price Analysis View Non-AMP

SOL Price Tests Critical Support Amid XRP’s Expanding Cross-Chain Liquidity

Published by
Yash Jain

The SOL price is navigating at an very critical zone that trades at a high-stakes support band that stretches from $118 to $138.30. Despite short-term bounces, momentum still remains fragile. Meanwhile, renewed attention from the XRP ecosystem through wrapped XRP expansion and rising cross-chain liquidity adds fresh complexity to broader altcoin market rotation. To know why, continue reading below.

SOL Price Holds the Line as Structure Signals Weak Conviction

Looking at SOL price chart, the observation shows it has entered one of its most important support areas of the cycle, forming a wide demand band between $118 and $138.30. 

While lower timeframes show attempts at recovery, but still buying strength lacks the impulsive structure that’s typically required for a reliable rebound.

Moreover, the recent bounce resembles corrective behavior rather than the start of a new trend, keeping downside risk still open wide.

On the Solana price chart, the entire decline can still be interpreted as an A–B–C corrective pattern, per an x post. In this structure, the current upswing appears similar to an internal wave-4 rally, with the possibility of one more leg down. This scenario projects harsh  odds toward the $81–$90 region before any durable reversal or demand-based price action develops.

XRP’s Cross-Chain Expansion Adds a New Layer to Market Rotation

Moving away from the SOL price USD’s perspective for a while, the altcoin landscape comes to mind, which seems to be shifting, suggesting maturity is coming to the market. As a blue-chip altcoin, XRP continues to operate within a tight consolidation range near the $2 psychological zone, which demonstrated resilience during the Q4 2025 crash, and its broader fundamentals are now strengthening. This suggest a big move on the upside in XRP is a big possibility.

Take this, for instance, in the latest development that emerged with Hex Trust’s announcement of wrapped XRP (wXRP), a fully regulated, 1:1-backed representation of native XRP. The asset will be issued and custodied by Hex Trust, enabling institutional-grade exposure across DeFi applications without reliance on unregulated third-party bridges.

Notably, wXRP will be tradable across multiple chains, including Solana, and by doing so, it is aiming to unlock more than $100 million in initial total value locked (TVL). As per an reliable source, the authorized merchants will be able to mint and redeem wXRP in a regulated environment, while all underlying XRP remains segregated in institutional custody. This structure expands XRP’s use across swaps, lending, liquidity provisioning, and collateral markets.

Furthermore, LayerZero integration ensures secure cross-chain mobility, positioning Solana as one of the first major ecosystems to receive deep XRP liquidity. 

SOL Price Forecast Hinges on Final Wave Completion

So, both asset price actions can see a big leap, if investors buy this news as big as it is and if that happens then bearish odds could be flipped before december concludes.

Now, the current technical landscape leaves room for one more push lower if SOL digests another news before becoming a catalyst then it will decline by following ABC corrective pattern and if the final leg of the C-wave unfolds, then downside could extend toward $81–$90, too.

However, if buyers convincingly defend the $118–$138 region, and buys this news, a broader B-wave bottom may already be forming.

Either outcome places the SOL price at a pivotal moment as traders assess whether upcoming rotations are fueled partly by new cross-chain liquidity from wrapped XRP, which can reignite momentum.

FAQs

Will Solana reach a new ATH in 2025?

According to our Solana price prediction 2025, the altcoin might chug up to a maximum of $400 by 2025.

Could Solana reach $1,000 by 2030?

As per our Solana price prediction 2030, with a potential surge, the price of SOL could reach a maximum of $1,351.

How does XRP’s wrapped token (wXRP) impact the market?

wXRP enables regulated, cross-chain exposure to XRP, unlocking liquidity for DeFi, swaps, lending, and institutional use on multiple blockchains.

What are the potential outcomes for SOL price in the short term?

SOL may either bounce from $118–$138 forming a B-wave bottom, or drop further if selling pressure persists, with market reaction influenced by cross-chain XRP news.

Yash Jain

Yash is a crypto analyst specializing in price analysis, predictions, and in-depth research reports. He combines technical indicators with on-chain data to uncover market trends and potential breakouts. His sharp insights help readers navigate the crypto market with confidence. Whether it’s Bitcoin or emerging altcoins, Yash breaks it down with clarity and precision.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Recent Posts

AMINA Bank Becomes Europe’s First to Launch Ripple Payments

Ripple, a leading crypto-focused fintech company, has partnered with AMINA Bank to enable near real-time…

December 12, 2025

Tether Targets a $500B Valuation with Major Share Sale Plan

Tether plans to raise up to $20 billion in a new share sale that would…

December 12, 2025

Solana’s Firedancer Goes Live on Mainnet After 3 Years, Sol jumps by 6%

Solana blockchain, known for its fast transaction speeds and low fees, has reached a major…

December 12, 2025

What Is The Next Crypto to Explode? BTC Delivered More Than 1000x, Can MUTM Be Next?

The hunt for the next big winner in crypto coins keeps growing. Many people still…

December 12, 2025

BOJ Interest Rate Hike Expected, Raising New Risks for Global Markets

Japan is edging toward a moment it hasn’t seen in nearly three decades. The Bank…

December 12, 2025

Demand for Privacy Surges – Digitap’s ($TAP) No-KYC Visa Card Makes This Best Crypto Presale in December

When the market bleeds, investors stop chasing hype and speculation. They begin protecting themselves from…

December 12, 2025