Analyst says SOL is in a wait-and-see posture amid recent Solana price predictions, as a DDoS attack targets the network and DeepSnitch AI approaches the reward program deadline.
Anatoly Yakovenko, co-founder of Solana, disclosed an industrial-scale distributed denial-of-service attack targeting the network this week. Although the attack-induced traffic peaked at approximately six terabits per second (Tbps), it had minimal impact on the network.
Meanwhile, the clock is ticking on the DeepSnitch AI bonus program, which rewards participants in its ongoing presale with tokens worth up to 100% of their invested capital. Set to end on New Year’s Eve, the initiative highlights DeepSnitch AI’s effort to encourage early-stage participation.
Trading at $0.02846, this period presents an opportunity to accumulate the presale token, particularly as recent Solana price predictions place SOL in an indecisive position. To date, more than $821,000 has been invested in DeepSnitch AI, reflecting growing interest.
For more information about the DeepSnitch AI bonus program and Solana price prediction, read on.
Solana co-founder frames DDoS attack on network as bullish
Yakovenko wrote about the attack in an X post on December 9, noting that it had surged to 6 Tbps at the time. Other accounts associated with Solana also spotlighted the incident.
In particular, Raj Gokal, president and co-founder of Solana Labs, noted that the attack is still ongoing. Also remarking on the attack was David Rhodus, CEO of Solana-based DePIN project Pipe Network, who described the scale of the attack as industrial-level.
Despite the DDoS attack, the network’s performance has not been affected to date. Yakovenko calls it a bullish outcome because someone is spending the same amount the network makes in revenue to initiate this attack, and it is futile.
Three cryptocurrencies showing signs of an imminent rally
1. DeepSnitch AI garners interest with 100% presale bonus
DeepSnitch AI’s presale participation continues to rise, with over $821,000 already raised from investors. This progress report reflects growing interest in the project, particularly among those seeking to maximize profits. But what is all the fuss about DeepSnitch AI?
DeepSnitch AI is the tool that everyday traders need to compete with the whales. Built with AI agents that provide real-time intelligence, traders can place trades ahead of large orders and realize massive gains when prices move.
These AI agents operate through a live dashboard interface, providing users with a unified experience for market analysis, wallet tracking, and token performance metrics. After launch, all DSNT holders can access these tools, but presale participants will enjoy priority access.
The presale is currently in stage three, with DSNT selling for $0.02846. Investors can get 100% more tokens on their purchases above $5,000 between now and New Year’s Eve.
2. Solana price prediction: SOL trades sideways as market seeks direction
Solana’s momentum outlook indicates the asset is in a sideways trend after a recent dip sent it crashing to the $125- $130 range. While SOL has stopped testing the lower end of its macro support, Solana market indicators show the asset is capped within a band, consolidating rather than moving in a specific direction.
Technical analyst Ali Martinez has highlighted the importance of nearby levels, noting that crossing the $145 mark could turn the trend bullish. However, if SOL drops below $125, it could shift the structure lower.
At this point, SOL investor sentiment is crucial for the price to make a decisive move. SOL trades at $127, down 6.88% over the past week.
Solana (SOL) Price Analysis: One-Month Chart Shows Range Breakdown and Weakening Momentum
Over the past month, Solana has traded within a broad range, repeatedly failing to hold above the $140–$145 resistance zone, which capped multiple recovery attempts. Each rejection was followed by sharp pullbacks, forming a pattern of lower highs that signaled fading bullish momentum.
The recent breakdown below the $130 support level intensified selling pressure, pushing SOL toward the $125–$127 area, where price is currently attempting to stabilize. Technically, the structure remains bearish below $130, with a reclaim of this level needed to ease downside risk, while failure to hold current support could open the door to further weakness.
3. Avalanche price prediction: Consolidation hints at breakout scenario
James Easton recently shared a chart, highlighting AVAX consolidating after a recent downtrend. In his analysis, he emphasized the importance of the $15 level, asserting that a decisive break above this zone could significantly shift market structure.
Per Easton’s note, the current base formation suggests absorption rather than distribution, with price respecting support while compressing below resistance. Therefore, AVAX could begin an upward trend if buyers reclaim $15.
Currently, AVAX trades at $12.20, down 14.53%.
Conclusion
While SOL and AVAX have yet to make decisive moves on the charts, it might be time to focus on newly emerging projects like DeepSnitch AI’s DSNT. Even though it is only in stage three of its presale, stage one investors are already 86% in profit, with up to 100x gains underway.
Also, DeepSnitch AI is rewarding anyone who buys DSNT between now and January 1st with 50-100% of their purchases. Purchases of $2,000 or more will receive an additional $1,000 in tokens with code DSNTVIP50, and purchases of $5,000 or more will receive the same amount they invest with code DSNTVIP100.
