The Solana [SOL] blockchain emerged as the biggest revenue-generating chain of 2025, followed by Hyperliquid [HYPE]. Solana saw $1.3 billion in revenue, while Hyperliquid and third-placed TRON [TRX] revenues measured $816 million and $608 million, respectively.
The on-chain usage also remained consistently high. The positive outlook for Solana lasted for most of the year, but the 10/10 crash snuffed out bullish market sentiment. That sell-off sent SOL below the $200-mark, and it has been a bear-dominated market since.
Its strong blockchain performance was accompanied by a leverage-driven tug-of-war between SOL bulls and bears at the $120-support zone. At the time of writing, the $130-zone was a firm obstacle for the bulls, while the $120-area emerged as a support level.
Solana bulls challenge the local resistance once more

Source: SOL/USDT on TradingView
The 1-day price structure was bearish. To flip it bullishly, SOL would need to close a daily trading session above $127.87, the local swing high. The evidence at hand did not show that such a move was brewing.
The CMF on the daily chart has been well below -0.05 over the past two months to indicate sustained, heavy capital flows out of the market. This selling pressure was accompanied by a strong downtrend, which has only lost strength over the last ten days.
The DMI showed a lack of trend at the time of writing, and a move past $130 could change this. The lack of demand meant traders would need patience.
Should traders expect a bullish reversal?
The downtrend has slowed down over the past month though. The capital outflows were severe, but a market structure shift could inspire bullish confidence.
This outcome did not seem likely at press time, but traders need to be open to the possibility.
Traders’ call to action – Wait for a breakout, or a breakdown


Source: SOL/USDT on TradingView
The downtrend has slowed down, but an uptrend hasn’t been established yet. Instead, a short-term range between $117 and $128 was established, and lower timeframe traders can use this to their advantage.
Swing traders can wait for a move beyond the range to catch the next impulse move.
Final Thoughts
- Solana’s network activity and revenue generated in 2025 are evidence of a popular, successful chain.
- A bullish reversal for the altcoin would need Bitcoin to rally and market-wide sentiment to turn away from the depths of despair.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion
Source: https://ambcrypto.com/solana-price-prediction-swing-traders-should-wait-for-this-opportunity/