Seeing the latest trading performance of the PUMPFUN token project in the Solana ecosystem, the data is quite interesting. The 24-hour buy order transaction volume reached $48,076, and the sell order transaction volume was $41,711, with the buying and selling strength not far apart. However, to be honest, the current liquidity is close to zero, and the market cap is only $25,387. These types of projects are indeed riskier. If you want to track the trends of similar projects on Solana, you still need to look more at on-chain data and not just focus on one-sided trading volume. For small-cap projects like PUMPFUN, it's important to carefully consider the risk-reward ratio before trading.

🇺🇲ETF Flow Update (Dec. 29): Spot ETFs for SOL and XRP recorded net inflows, while $BTC and $ETH saw capital move out. BTC: −$19.29M ETH: −$9.63M SOL: +$2.93M XRP: +$8.44M This highlights a short-term rotation of funds toward select altcoin ETFs

SOL Technical Outlook: Solana Consolidates at Major Demand After Prolonged Downtrend Solana remains under bearish pressure after a strong rejection from the $225–$253 macro supply zone, where price topped near the 0.786–1.0 Fibonacci levels. This area marked a clear distribution phase, triggering a sustained downside move. The sell-off accelerated once SOL lost the $201–$185 region (0.618–0.5 Fib), confirming a structural breakdown and shifting this key zone into heavy resistance. EMA Structure (Bearish Alignment) 20 EMA – $126.52 50 EMA – $137.57 100 EMA – $153.29 200 EMA – $164.26 Price is trading below all major EMAs, with the 20/50/100/200 EMA stack sloping downward. This confirms a firm bearish trend, where any relief rallies are likely to face selling pressure. Fibonacci & Market Structure 1 Fib: $253.47 0.786 Fib: $224.22 0.618 Fib: $201.25 0.5 Fib: $185.12 0.382 Fib: $168.99 0.236 Fib: $149.03 Fib 0: $116.77 SOL is currently consolidating just above the $124–$127 demand zone, sitting near the Fib 0 support at $116.77. This zone has historically acted as strong demand, and current price action suggests selling pressure is weakening, increasing the probability of a short-term base or relief bounce. RSI Momentum RSI is around 43, indicating weak but stabilizing momentum. This aligns with a consolidation phase rather than aggressive selling. 📊 Key Levels Resistance $137.6 (50 EMA) $149.0 (0.236 Fib) $169.0 (0.382 Fib) $185.1 (0.5 Fib) $201.3 (0.618 Fib) Support $124–$127 (major demand zone) $116.8 (Fib 0 / critical support) $112.5 (extended downside support) 📌 Summary SOL is consolidating above a major long-term demand zone following a sharp multi-month decline. While selling pressure has eased and a short-term bounce is possible, the broader structure remains bearish unless SOL can reclaim the $169–$185 resistance region with strength. A breakdown below $116.8 would expose SOL to further downside risk. $SOL #2025GateYearEndSummary