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Solana Gains Momentum as Adoption Grows in DeFi and Institutional Sectors

Solana”s price action shows strong support and potential for breakout as institutional interest increases.

Solana is capturing significant attention in the cryptocurrency market due to its robust technical performance and increasing adoption across decentralized finance (DeFi) and institutional platforms. Analysts are closely monitoring the network”s recent activity as it continues to gain momentum.

As of late November, SOL has shown a resurgence, reclaiming mid-range support and challenging the critical resistance level between $144 and $145. Currently priced around $140, analysts observe a pattern of higher lows forming beneath this ceiling, often signaling potential breakout conditions. A decisive breach above this resistance would open the door to the next liquidity target, which lies between $152 and $155, reflecting earlier unfilled trading ranges.

Market sentiment remains optimistic, especially as Solana has consistently defended the demand zone between $115 and $128 throughout 2025. This recovery has sparked discussions about a broader upward trajectory, potentially reaching the $168 to $176 range, an area previously marked by monthly imbalances and historical resistance.

In the immediate term, traders are focusing on key support levels at $137 to $138, with additional zones at $132 to $134 and $126 to $128, all of which have shown to attract buying interest. The resistance remains solid at the $144 to $145 range. A confirmed breakout from this area could shift market sentiment significantly, validating the improving technical setup. Until such a move occurs, SOL remains within a compression pattern.

In related news, Remittix made headlines today with the launch of its wallet on the Apple App Store. This fully functional crypto wallet is designed for secure asset management and storage. The team announced that the wallet”s Phase 1 release is stable and ready for integration within the broader ecosystem.

Looking ahead, Remittix plans to roll out a more extensive upgrade in December, featuring crypto-to-fiat functionality to streamline digital asset transfers into traditional financial systems. The Android version of the wallet is also in development. A preview of the current build has been shared, including feedback from community testers.

The Remittix project has raised over $28.2 million through private funding and has distributed over 686 million tokens. Additionally, the platform has introduced a referral program, allowing users to earn daily USDT rewards through their dashboard. A future listing agreement with BitMart is confirmed, followed by another with LBank, as part of the project”s broader market rollout.

As the crypto landscape continues to evolve, both Solana and Remittix are positioned to play significant roles in shaping the future of digital finance.

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