Cryptocurrencies Show Tumultuous Performance as Solana and Avalanche Face Uncertain Futures

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Solana (SOL)

Solana has been witnessing a continuous pattern of lower peaks, plummeting by half from its last attempt at $255 over 94 days. The bull market at $132 lost its horizontal support, and the declining trend was never broken. Despite starting the year 2025 strongly with the support of meme coins, Solana faced continuous setbacks in the subsequent months.

At the current juncture, the possibility of closing above $119 raises expectations that Solana may rebound from its support base. If January does not turn out to be as problematic as feared and if macroeconomic data leans towards interest rate cuts, Solana investors might have a chance. While it surged from below $10 to $300, in this cycle, more is expected by Solana investors.

The analyst known by the pseudonym Bullet, who shared the above chart, forecasts the breakthrough of the key horizontal region next year. He states, “SOL reached my $190-$230 Target/Reject Zone and was indeed rejected right there. Currently, SOL is testing the Key Horizontal Support again, and I believe SOL will rebound once more, then break this support in 2026.”

If he is correct, Bitcoin might return to the $84-$68 range.

Avalanche (AVAX)

Due to inflation and weak network development, AVAX was not among the year’s favorites. As anticipated, its performance was extremely poor. While SOL Coin might have jumped from below $10 to $300, AVAX is dangerously close to dropping below $10 today.

Throughout the year, the importance of the $22.5 key region was emphasized. The price failed to stay above it consistently, experiencing its last major rise during last year’s election rally. Except for this year’s September rise and some failed attempts, it stayed below $22.5 throughout the year.

After the October 10th drop, things worsened, and $10.5 and $8.33 levels could be tested in 2026 as possible regions. However, most altcoins are flashing over-sold signals, and despite their negative aspects, such excessive selling seems too much for AVAX, indicating that a new attempt at $22.5 might occur in the first quarter, possibly reclaiming the support base of $35.

News flow will remain crucial in the new year, and applications like CryptoAppsy with summary, calendar, and feed features can make things easier.