Latest Solana Name Service (SNS) Price Analysis

By CMC AI
09 December 2025 04:37AM (UTC+0)

Why is SNS’s price up today? (09/12/2025)

TLDR

Solana Name Service rose 4.53% over the last 24h, outpacing the broader crypto market’s -0.85% dip. The gain aligns with bullish technicals and ecosystem developments. Key drivers:

  1. Hardware Wallet Integration – Unruggable’s Solana-native wallet launch with SNS support.

  2. Technical Breakout – Price crossed key moving averages, signaling bullish momentum.

  3. Ecosystem Momentum – Growing .sol adoption in gaming and identity use cases.


Deep Dive

1. Hardware Wallet Integration (Bullish Impact)

Overview:
On November 26, UK-based Unruggable unveiled a Solana-native hardware wallet with native SNS integration (Cointelegraph). The wallet supports .sol domains for simplified transactions, staking, and swaps, directly linking SNS to secure asset management.

What this means:
- Demand Catalyst: Hardware wallets typically drive long-term holding; SNS integration incentivizes domain registration for usability.
- Validation: Backing by Solana Foundation and Jito Labs adds credibility, attracting ecosystem-focused investors.

What to look out for:
Pre-order traction (shipping starts Q2 2026) and validator staking activity (100K SOL already staked).


2. Technical Breakout (Bullish/Mixed Impact)

Overview:
SNS broke above its 7-day SMA ($0.001505) and EMA ($0.001543), with RSI(7) at 70.55 – nearing overbought territory. The MACD histogram turned positive (+0.0000306), signaling short-term momentum.

What this means:
- Bullish Confirmation: Sustained price above $0.0016137 (pivot point) could target Fibonacci extension levels like $0.00215.
- Risk: RSI(7) >70 suggests potential pullback risk if volume stalls.

Key level to watch:
A close below $0.001485 (Fibonacci 78.6% retracement) could invalidate the uptrend.


3. Ecosystem Adoption (Bullish Impact)

Overview:
Recent partnerships with MattleFun (gamified trading) and MetaMask’s .sol domain support (Cointribune) have expanded SNS’s utility in Web3 identity. Over 160 Solana projects now integrate .sol domains.

What this means:
- Network Effect: Each integration increases the value of owning a .sol domain, creating a flywheel for SNS demand.
- Speculative Interest: Social media campaigns (e.g., free .sol claims for Solana Mobile users) have driven retail engagement.


Conclusion

SNS’s rally reflects a mix of strategic partnerships, technical momentum, and its critical role in Solana’s identity stack. While bullish, traders should monitor whether the RSI(7) cools and if Unruggable’s pre-orders meet expectations.

Key watch: Can SNS hold above $0.00161 (pivot) amid broader market uncertainty?

Why is SNS’s price down today? (03/12/2025)

TLDR

Solana Name Service fell 0.65% in the past 24h, extending a 7-day decline of 11.8%. Three key factors:

  1. Technical Weakness – Oversold RSI and bearish MACD signal continued selling pressure

  2. Ecosystem Headwinds – Solana’s 30-day underperformance (-15.9% vs crypto market) weighs on SNS adoption

  3. Low Volume – 24h turnover of 18.8% suggests thin liquidity amplifies downward moves

Deep Dive

1. Technical Breakdown (Bearish Impact)

SNS trades 33% below its 30-day average ($0.00135 vs $0.00169), with critical indicators flashing red:
- RSI 7-Day: 7.91 – deepest oversold reading since April 2025 (CoinMarketCap)
- MACD: -0.00001105 – bearish crossover confirmed on Dec 1
- Support Test: Price nears Fibonacci 78.6% retracement level at $0.001359

What this means: Technical traders likely accelerated selling after the breakdown below 30-day SMA ($0.00169), with thin liquidity exacerbating moves. The oversold RSI could enable a bounce, but sustained recovery needs volume above $2M/day.

2. Solana Ecosystem Strain (Mixed Impact)

While SNS gained integrations (MetaMask, MattleFun gaming) in Q3 2025, Solana’s market cap fell 15.9% in 30 days – underperforming the broader crypto market’s 3.99% weekly gain. Key pressure points:
- Solana Mobile Saga 3 pre-orders missed targets (Cointelegraph)
- SOL liquidations hit $168M in past week

What this means: SNS remains tied to Solana’s adoption curve. Recent hardware wallet partnerships (Unruggable’s Nov 26 launch) haven’t offset macro headwinds for SOL-centric projects.

Conclusion

SNS’s decline reflects both technical breakdowns and Solana ecosystem strain, compounded by crypto’s “Bitcoin Season” (dominance at 59.1%). While integrations show long-term promise, traders appear focused on SOL’s regulatory risks and compressed altcoin liquidity.

Key watch: Can SNS hold the $0.00136 Fibonacci support, and will Solana’s validator upgrades (expected Dec 5) improve network sentiment?

CMC AI can make mistakes. Not financial advice.