Solana

On Tuesday, Solana's official account posted the number "589", reviving long-running XRP meme speculation. Ripple CTO David Schwartz said markets undervalue the company's XRP escrow in light of a $500 million secondary share sale at a $40 billion valuation, according to the article. Andrew Tate reiterated he is "huge on Bitcoin" and questioned why a 10,000 BTC purchase had little visible impact on price.

dYdX is reviewing a proposal to add BONK as an integration partner under its Partner Revenue Share Program, giving BONK 50% of protocol fees from BONK-attributed order flow. The initiative is aimed at Solana retail traders and follows dYdX’s October shift to split fees evenly between staking rewards and buybacks. A governance vote on the proposal is scheduled for December 11, 2025, according to dYdX.

Solana's validator set has fallen from more than 2,500 to around 800 since March 2023, a nearly 68% decline based on community tallies compiled by Criptonoticias. SOL is trading near $133, down 2% on the day, within a range defined by $124 support and $145 resistance as analysts debate decentralization, operating costs, and stake concentration.

On December 8, dYdX governance began reviewing a proposal to add BONK as an integration partner under its Partner Revenue Share Program, according to dYdX. The plan calls for a BONK-branded frontend that routes orders to the dYdX Chain and allocates 50% of protocol fees to attributed flow, with a vote scheduled for Thursday, December 11, 2025. The exchange has also advanced similar proposals from CCXT, Foxify and CoinRoutes.

Solana rebounded from recent weakness, holding above the $130 support and gaining nearly 5% over the past 24 hours as trading volume climbed to about $5 billion. Analysts say a potential cup-and-handle is forming on the weekly chart, while SOL continues to trade within a $124–$145 range. Key resistance is seen around $150–$156, with derivatives open interest remaining above $7 billion.

BPCE, France’s second-largest banking group, opened in-app crypto trading on Monday for selected Banque Populaire and Caisse d’Épargne customers. The limited rollout lets about 2 million users across four regional banks buy and sell Bitcoin, Ethereum, Solana and USDC. BPCE aims to extend availability by 2026 across 25 remaining regional entities.

On 8 December 2025, Philippine digital bank GoTyme began allowing retail customers to buy cryptocurrencies directly in its app through a partnership with U.S. fintech Alpaca. The service automatically converts Philippine pesos to U.S. dollars and supports Bitcoin, Ether, Solana, Polkadot and other listed assets, targeting easier crypto access for more than 6.5 million account holders.

On December 8, 2025 in New York, Sonami unveiled $SNMI, which it describes as the first Layer 2 token on the Solana blockchain, aimed at improving reliability and transaction efficiency during periods of peak demand, according to a Chainwire announcement. The project’s Layer 2 design bundles multiple user interactions into single transactions that settle on Solana’s Layer 1 to reduce congestion. A presale is underway, with a Token Generation Event and listings on decentralized and centralized exchanges planned after the presale.

Traders are focused on the December 9–10 FOMC meeting as Solana holds the key $130 support level and some market participants position for a potential move toward $200. Expectations of a 0.25% rate cut, rising institutional interest, and expanding ecosystem activity are coinciding with bullish technical signals to strengthen the upside case for SOL USD, according to market data.

Solana-based memecoin PENGU rose 8% to $0.01138 following Pudgy Penguins' partnership announcement with Care Bears. The collaboration includes a special edition physical collectible set scheduled for December 12th release. Futures net inflows increased by $1.01 million over 24 hours, while the token recovered from support at $0.009732.