Solana

Solana rebounded from recent weakness, holding above the $130 support and gaining nearly 5% over the past 24 hours as trading volume climbed to about $5 billion. Analysts say a potential cup-and-handle is forming on the weekly chart, while SOL continues to trade within a $124–$145 range. Key resistance is seen around $150–$156, with derivatives open interest remaining above $7 billion.

BPCE, France’s second-largest banking group, opened in-app crypto trading on Monday for selected Banque Populaire and Caisse d’Épargne customers. The limited rollout lets about 2 million users across four regional banks buy and sell Bitcoin, Ethereum, Solana and USDC. BPCE aims to extend availability by 2026 across 25 remaining regional entities.

On 8 December 2025, Philippine digital bank GoTyme began allowing retail customers to buy cryptocurrencies directly in its app through a partnership with U.S. fintech Alpaca. The service automatically converts Philippine pesos to U.S. dollars and supports Bitcoin, Ether, Solana, Polkadot and other listed assets, targeting easier crypto access for more than 6.5 million account holders.

On December 8, 2025 in New York, Sonami unveiled $SNMI, which it describes as the first Layer 2 token on the Solana blockchain, aimed at improving reliability and transaction efficiency during periods of peak demand, according to a Chainwire announcement. The project’s Layer 2 design bundles multiple user interactions into single transactions that settle on Solana’s Layer 1 to reduce congestion. A presale is underway, with a Token Generation Event and listings on decentralized and centralized exchanges planned after the presale.

Traders are focused on the December 9–10 FOMC meeting as Solana holds the key $130 support level and some market participants position for a potential move toward $200. Expectations of a 0.25% rate cut, rising institutional interest, and expanding ecosystem activity are coinciding with bullish technical signals to strengthen the upside case for SOL USD, according to market data.

Solana-based memecoin PENGU rose 8% to $0.01138 following Pudgy Penguins' partnership announcement with Care Bears. The collaboration includes a special edition physical collectible set scheduled for December 12th release. Futures net inflows increased by $1.01 million over 24 hours, while the token recovered from support at $0.009732.

Kamino, a Solana-based lending platform, blocked Jupiter Lend's migration tool on December 7 over concerns about risk framework transparency. The move has sparked debate within Solana's $5 billion lending market. Solana Foundation President Lily Liu called on both platforms to prioritize collaboration over conflict, noting that Ethereum's lending market is roughly 10 times larger.

Solana has retreated to a critical ascending trendline that has supported its uptrend since 2023. The asset is currently trading near $132 in a narrow consolidation zone with reduced volatility. Analyst Ali Martinez noted that SOL is testing this support level, which has historically triggered rebounds during previous pullbacks.

French banking group BPCE has launched in-app cryptocurrency trading for Bitcoin, Ethereum, Solana, and USDC across its Banque Populaire and Caisse d'Épargne mobile platforms. The service initially covers two million customers at four regional banks, with plans to expand to 12 million users by 2026. Customers will access trading through dedicated digital asset accounts managed by BPCE's crypto subsidiary Hexarq, with a monthly fee of €2.99 and a 1.5% transaction commission.

Western Union unveiled a digital asset initiative targeting economies with severe inflation. CFO Matthew Cagwin presented the strategy at the UBS Global Technology and AI conference, detailing plans for a "stable card" and proprietary digital coin to protect remittance recipients in countries like Argentina, where inflation has exceeded 250%.