Crypto investors have plenty to smile about today as they scan the markets. Bitcoin is tapping its highest level in over two weeks, while altcoins are turning up the heat even further.
Solana is grabbing much of the spotlight today with a surge of over 12%. And from a technical analysis perspective, there appears to be much more room to run.
Solana Goes on the Offensive #
Virtually every coin is convincingly in the green today, but among the major players, Solana is shining just a bit brighter. Only Cardano is posting a stronger performance in the top ten, with a 14.89% gain. Meanwhile, Bitcoin is up just over 7% today.
At the time of writing, Solana is trading 12.70% higher than yesterday. Those who bought around €109 are now seeing the price climb to over €122, having briefly touched €124 earlier in the morning.
That level was also in play last week, but this time, the price seems determined to push higher. This is clearly visible in the chart from analyst Captain Faibik below.
$SOL Bulls have Reclaimed the Major Trendline on the 4h timeframe Chart..✅
LET’S SEND IT TO THE MOON! 🚀📈
— Captain Faibik 🐺 (@CryptoFaibik) December 3, 2025
Solana appears to finally be putting an end to the bloody correction that has crushed every rally over the past few months. Yesterday, the price broke through the downward trendline that had acted as stiff resistance since the end of October. Today, SOL is decisively following through on that move. The price is climbing higher, and according to the analyst, there is still room for an additional surge of around 20%.
Major Capital Inflows on Wall Street #
Yesterday marked Solana’s best day since October 12, with a 9.20% gain. But it wasn’t just the price that gave reason for cheer. The U.S.-listed spot Solana ETFs also had a stellar day.
Data from SoSoValue shows that the funds raked in $45.77 million in fresh capital yesterday. This goes down as one of the best days for inflows since the coin made its Wall Street debut on October 28. On only five trading days has more money been welcomed than yesterday.
The Bitwise fund attracted the most, with an inflow of $29.45 million. This was the first fund to launch and has by far raised the most in total, with cumulative inflows of $574.42 million. Grayscale follows with total inflows of $85.92 million.