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Solana futures go live on Charles Schwab, price risk approaches $100

Solana futures go live on Charles Schwab, price risk approaches $100

币界网2025/12/17 13:45
By: 币界网
BTC-1.15%SOL-4.28%ETH-3.18%

Charles Schwab has decided to launch Solana futures, marking a significant shift in how traditional investors can participate in the SOL market. This brokerage, which manages over 10 trillions USD in client assets, now allows both institutional and retail investors to trade contracts linked to Solana without having to hold the token itself. This move brings Solana into the regulated brokerage infrastructure, expanding its influence beyond native crypto platforms and exchanges.

Notably, this move echoes the previous development trajectories of Bitcoin and Ethereum. Bitcoin futures entered mainstream brokerage platforms in 2017, followed by Ethereum in 2021. As a result, Solana is now entering a similar stage, with its price discovery mechanism increasingly reflecting the dual impact of spot trading and derivatives positions. In addition to improving trading convenience, futures trading also supports risk hedging and provides structured allocation for risk-managed portfolios.

Institutional Access Changes SOL's Market Profile

The launch of SOL futures has increased transparency in traditional trading environments. Moreover, it has changed the way capital interacts with this asset. Investments are no longer solely dependent on direct token purchases. Instead, asset allocation decisions, leverage, and hedging strategies may now play a greater role in short-term price movements.

Furthermore, this structure means that, as Solana is integrated into institutional workflows, SOL's price movements may be more influenced by broader portfolio adjustments rather than isolated crypto market sentiment. However, broader access does not guarantee immediate price appreciation, especially in a weak market.

Analysts Point Out Ongoing Technical Pressure

Despite achieving a structural milestone, Solana's price action remains under pressure. SOL is trading at $127.82 (UTC+8), down 0.57% on the day and 6.73% for the week. Its market capitalization is close to 71.8 billions USD, with strong liquidity on major trading venues.

Trader Koala pointed out that SOL has once again closed below the weekly 200 moving average, so the overall trend remains bearish. He emphasized that the $89 to $101 (UTC+8) range is the next major demand zone. According to his analysis, a further rise in risk-off sentiment could push the price toward the long-term support range of $30 to $50 (UTC+8).

Short-Term Structure Remains Fragile

Additionally, Koroush AK has also focused on short-term price action. He observed a slight rebound near $123 to $125 (UTC+8), reflecting short-term demand. However, the subsequent upward momentum remains limited. SOL continues to form lower highs below the median price of $134 (UTC+8).

Source: X

Koroush AK warned that if the price falls back to around $125 (UTC+8) with increased volume, it could signal a break below the range support. Therefore, this scenario would increase the risk of the price falling further below the range. If the price decisively breaks below $123 (UTC+8), it could test $118 (UTC+8) and $110 (UTC+8). On the upside, bulls must reclaim $134 (UTC+8) to stabilize the structure, while $145 (UTC+8) remains a key resistance level.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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