Solana returned to a critical support zone after repeated failures below resistance weakened buyer momentum. At the same time, Hashdex’s first annual SEC Form 10-K showed its Nasdaq CME Crypto Index ETF expanded its holdings to seven digital assets by December 310, 2025. Together, the developments kept Solana in focus from both a market structure and fund exposure standpoint. The chart setup pointed to growing downside risk, while the filing confirmed Solana remained part of a broader institutional index basket. Will Solana hold its rising support as broader crypto ETF exposure expands?
Solana showed fresh weakness on the daily chart shared by TylerDurden. Price held just above a rising support trendline after another rejection below a key horizontal resistance zone. That left the asset in a tightening structure.
The Bybit SOLUSDT perpetual daily chart showed a clear ceiling in the low $90s. Price tested that zone several times but failed to break through. Each rejection pushed Solana lower and showed that sellers continued to defend the same area.
Meanwhile, a rising trendline had supported the price since late February 2026. That line held through several pullbacks and helped shape the narrowing range. Still, repeated pressure below the resistance made that lower boundary more important.
The latest candles placed Solana close to the trendline again. As a result, the market moved near a technical decision point. If buyers lose that support, the pattern could break down and open the way for a clearer downside move.
So far, the chart has not confirmed a full breakdown. Even so, it showed repeated weakness below resistance and limited follow-through from buyers. Until Solana reclaims that zone with strength, downside pressure remains in view.
In turn, the chart setup suggested Solana may move from consolidation into a more defined decline if the rising support line fails. That kept attention on the lower boundary rather than the resistance band.
Separately, Hashdex filed its first annual SEC Form 10-K for the Hashdex Nasdaq CME Crypto Index ETF. The filing showed that the fund expanded its digital asset holdings by year-end. It also detailed assets, NAV, and portfolio changes since launch.
The ETF launched in late 2025 and initially gave U.S. investors exposure to five cryptocurrencies. Those holdings included Bitcoin, Ether, XRP, Solana, and Stellar. By December 31, 2025, the year-end filing showed that the fund had expanded to seven assets.
Hashdex confirmed that it added Cardano and Chainlink before year-end. As a result, the ETF now tracks seven digital assets through its index structure. The portfolio still includes Bitcoin and Ether as core holdings, along with XRP, Solana, and Stellar.
Read More: Solana (SOL) Forecast: 30% Upside Possible if $90 Holds
The filing reported $1.213 billion in total net assets at year-end. It listed a net asset value per share of $22.71 on December 31, 2025. The closing market price stood at $22.73, which closely matched the fund’s NAV.
The ETF launched after the SEC approved generic listing standards for crypto index ETFs in late 2025. That framework opened the market to broader multi-asset crypto funds. Since then, several asset managers have launched or converted products into ETF structures.
Bitwise uplisted its flagship multi-asset crypto fund to NYSE Arca in December 2025. Grayscale converted its Digital Large Cap Fund into an ETF in September 2025. Earlier still, Franklin Templeton launched its crypto ETF in February 2025 with only Bitcoin and Ethereum holdings.
Solana price remains near a key support level after repeated failures below resistance, keeping downside risk in focus. At the same time, Hashdex ETF expanded to seven assets, adding Cardano and Chainlink. The setup leaves Solana at a critical technical point while institutional crypto exposure continues to widen.