SOL Holds $140 Support as Upbit Hack Fails to Shake Solana Ecosystem

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November 27, 2025 · 8:00 PM

SOL Holds $140 Support as Upbit Hack Fails to Shake Solana Ecosystem

Solana (SOL) has shown resilience this week, maintaining its position above the critical $140 support level despite a $37 million hack at South Korea's Upbit exchange. Institutional interest in Solana is growing, particularly with Franklin Templeton's recent filing to launch a Solana ETF, which could provide regulated exposure to the cryptocurrency. While the hack typically would lead to price drops, SOL has remained stable, with on-chain data indicating strong buyer support.

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SOL Holds $140 Support as Upbit Hack Fails to Shake Solana Ecosystem | cryptobinto