Solana has not really lost track of its origins. Just a little while ago, specifically on October 26, SOL opened at 200.048 and was sitting quite comfortably around that higher figure, which made the whole community feel more confident. This number may seem distant at the moment, but it puts things happening now in a better light.
Now, fast forward to the end of November, and things have turned out quite differently. On November 25, the opening price for SOL was 138.935, and the next day it dropped just a bit lower, opening at 135.970. If we look only at the numbers, that’s a significant descent from 200. But what’s really happening is the start of the market becoming steady after a huge, long market correction.
A drop from 200 to something in the 130s may seem huge, but what happens around the 135 to 140 range says more about where SOL is at the moment. Amendments usually follow these large drops—tons of panic selling, increased liquidations, and many forced buyers leaving. But SOL is not behaving like that now. These tight opening ranges suggest that the free fall is not as intense anymore. Sellers don’t really hold the main position now. The worst part is becoming lesser.
That is why this price zone means something. When a coin finds a stable floor after a major decrease, it could signal the beginning of a comeback. It’s not a roaring recovery, but slow, steady building that can sustain itself for a longer period. This middle 130 region is acting like a base for now.
What needs watching isn’t whether SOL will quickly climb back up to 150, but rather if it can maintain stability and open close to this spot without dropping lower. If it can, buyers will eventually show more strength, the push will become stronger, and hitting 200 will shift from a dream to a very real possibility.
May your candles be forever green. See ya tomorrow
Support the creator
💼 C Wallet: The easiest place to store and swap crypto with VERY low fees + Free reward upto 10 USD
🤖 Telegram Bot: Tracks your portfolio, 0 fees, sends token alerts, and saves you hours of scrolling
