On 24 December, Solana's price traded below short-term support near $122 while remaining locked in a wider $122–$145 range. On-chain data showed opposing leveraged whale positions and dense liquidation liquidity between $121 and $133, keeping downside risks elevated despite ecosystem developments.

By the 24th of December 2025, data showed total stablecoin supply climbing to around $309–310 billion, with USDT alone reaching a $187 billion all‑time high. Capital largely stayed in stablecoins and tokenized assets, signaling a preference for liquidity and yield while broader risk appetite remained cautious amid evolving macro and regulatory debates.

Gold set a new peak above $4,420 per ounce on December 22, 2025, reviving comparisons with Bitcoin as BTC hovered near $88,000. Analyst Darkfost's 180-day moving-average work finds no consistent gold-to-Bitcoin rotation, while reports of Kazakhstan weighing up to $300 million for BTC/crypto and a Peter Schiff poll (62.4% for Bitcoin) highlight evolving preferences.

Chainlink's LINK hovered near $12.5 as buyers defended support amid a cautious market tone. On December 20, a new wallet withdrew 199,520 LINK from Binance; the next day it pulled another 246,259 LINK, totaling 445,779 LINK. Chainlink's TVS reached $46.03 billion, up 2.43% month over month, while MACD and RSI showed short-term weakness.

Over the past week, Sei's SEI token lost the $0.1206 support, exposing a downside pocket near $0.0689 while whales took the sell side in spot markets. At the same time, derivatives volume climbed to $32 million and Open Interest increased, showing leveraged positioning despite weak price momentum. Technical indicators such as RSI and MACD remain soft, and analysts are watching $0.1261 and $0.20 as key levels for any structural recovery.

On 18 December, Solana slipped below $120 as network revenue and weekly active addresses retreated to yearly lows. Despite fading retail participation, large holders bought tens of thousands of SOL and spot ETFs registered $11 million in net inflows, helping price rebound into the $122–$145 range with improving momentum signals.

On December 16, Valour secured approval to list its Solana product on Brazil's B3, expanding BRL‑denominated institutional access. At press time, SOL traded near $128 within the $122–$145 band as Spot ETF net inflows were about $3.64 million and total net assets hovered around $926.33 million, while risk appetite remained cautious.

Ethereum traded around $2,957 while more than 28,500 ETH was dumped by large holders, including a wallet linked to Lido Finance's founding member. Despite this heavy selling, price stayed above an ascending support area near $2,882 and between the 50%–61% Fibonacci retracement levels, keeping both a move toward $3,000+ liquidity and a drop toward $2,607 on the table.

On the 4-hour chart, SEI continues to move in the lower band of its broader range, remaining capped beneath the EMA ribbon and leaving downside risk open toward the $0.1216 weak low. At the same time, on-chain and derivatives metrics show sharp growth, with DEX volume surpassing $400M in two weeks and perp volume jumping 19,527% over 90 days, suggesting expanding positioning despite compressed spot prices.