Highlights:
- Solana is trading at the $143.95 resistance
- Solana could rally to $200 if the resistance is broken
- Rising bullish momentum across the market could trigger a rally
Solana (SOL) is strongly in the green today, mirroring the trend across the cryptocurrency market. At the time of writing, Solana was trading at $142.02, up by 12.15% in the day. A significant increase has followed the price surge in trading volumes. Volumes have shot up by 52.42% to stand at $7.04 billion. This increase in volumes alongside the price is an indicator of rising bullish sentiment. Multiple factors are likely to drive Solana higher in the short to medium term.
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Renewed Bitcoin Momentum Pushing SOL Higher
One of them is the renowned Bitcoin momentum. After multiple days of price weakness, Bitcoin yesterday made a strong bullish reversal. The reversal has seen its price rally back above the November 28 high of $93,101 to its current price of $93,200. Such a reversal is an indicator that bulls are back and that Bitcoin could be headed higher.
Bitcoin’s rally has also triggered a strong flow into altcoins. Solana is among the biggest intraday beneficiaries of this rally by virtue of being one of the most recognised L1S. If Bitcoin bulls sustain this momentum, then Solana could be headed much higher, potentially to prices above $200 in the short term.
Clean Fakeout + Liquidity Sweep Setup played out beautifully on $BTC this week.
Price smartly trapped all the breakout traders below last week’s low and then swept liquidity before shooting straight toward the clean highs.
Did you catch this move?
This chart idea was shared… pic.twitter.com/kdTFJRJj5W
— Priyank – SEBI RA (@HoldwithPriyank) December 3, 2025
End of QT Could Send Solana Higher
A key factor likely to keep SOL and the broader market pumping is the end of QT. This has generated excitement in the financial markets due to the expectation of a liquidity surge. Expectations of an upcoming rate cut also reinforce the excitement around the end of QT.
The FOMC meeting will take place soon, and expectations are high that they will cut rates. If this happens, the combination of QT end and lower rates could send cryptocurrency prices across the board to new highs. Solana and other altcoins’ price action today has already demonstrated that investor interest is still alive and strong. As such, FOMO around the expectation of higher liquidity could send Solana to new highs within the year.
Historically, #Altcoin / #BTC pairs outperform
when QT ends. pic.twitter.com/P0UTSh2h9X— B4CRYPTO (@B4CRYPTOTW) December 3, 2025
Solana Awareness Campaigns Adding to Solana Momentum
Besides these macro factors, there is a lot going on within the Solana ecosystem that could send the price higher. One of them is the growing impact of Solana awareness campaigns by the Solana team.
The Solana Foundation, in partnership with OnePiece Labs, recently completed the Fall 2025 AI & Web3 University Tour. The tour is one of the most noticeable ones in the US so far, and could help draw young people looking to build on Web 3 to Solana. In the short term, the exposure of such awareness campaigns can draw in more capital to SOL and help sustain the momentum Solana has built up so far.
Solana ETFs Likely to Add to Bullish Momentum
Solana could also benefit from renewed investor interest in the ETFs. With growing confidence that the cryptocurrency market bottom is in, inflows into ETFs are starting to rise. The result is that new capital flows into Solana could push the price higher in the short to medium term. This is mainly because Solana is now available not only through ETFs, but also ETPs in places like Europe.
Technical Analysis – SOL Fails At Major Resistance Level
After the strong rally on December 2, Solana appears to have hit strong resistance at $143.95. If bulls regain control and push Solana through the $143.95 resistance with high volumes, then a rally to $200 could follow.
On the other hand, if bears take control, SOL could drop to the $135.78 support in the short term. However, due to the rising bullish momentum across the market, Solana is more likely to rally to $200.
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