While the entire crypto market has reached the Extreme Fear phase and downturns have pushed Bitcoin below $100k, most investors are beginning to question the future of the market. However, amid this risk-off environment, Solana’s (SOL) ecosystem is showing unusually strong resilience compared to others.
After the wild Memecoin hype that occurred in early 2025 cooled down, Solana’s real value became more clearly defined through more mature technology upgrades and large-scale on-chain economic activity. Along with the developers’ increased momentum and rising on-chain volume, in this November, promising altcoins built on Solana’s high-speed, low-fee network may demonstrate better performance than the market as a whole.
So, in this article, we will provide an overview of the top altcoins on Solana that investors around the world—including Myanmar—are mainly watching in this coming November, along with risk-management recommendations that Myanmar investors should pay special attention to.
Solana’s current situation
Currently, Solana’s price is directly taking pressure from a broad market selloff. On November 14 alone, the SOL price fell an additional 5%, dropping below $150, which became the lowest daily closing price within five months. Also, inflows into Spot Solana ETFs driven by institutional demand have noticeably decreased—by November 14, daily inflow was only about $1.49 million—showing that the ETF hype period has ended.
However, while the price is weak, Solana’s on-chain economy is still outperforming everyone else. In just the first week of November, trading volume on Solana DEXs reached up to $29 billion, which is nearly double Ethereum’s $15.9 billion. This indicates that Solana is becoming a world-leading ledger for high-frequency trading.
Technical success: Firedancer Upgrade
Firedancer (a new Validator Client developed by Jump Crypto), which solves Solana’s biggest long-standing weakness—network downtime issues—has now reached a level that can be used in practice. According to the November 2025 records, over 20% of network stake is already running on the new Firedancer client. What this means is: even if the original Agave client were to stop due to some fault, the Firedancer clients would keep the network running—allowing the ecosystem to avoid the risk of the entire network stopping as before. Therefore, this success becomes a key factor that increases big institutions’ confidence in Solana.
Top altcoins to monitor
As Solana’s ecosystem matures, you start seeing not just SOL itself, but tokens like essential “Picks and Shovels” (tools) that form the backbone of the ecosystem.
1. Jupiter (JUP) - Solana’s central brain
Usefulness: JUP is a DEX Aggregator on Solana (a system that finds the best route to get the best price), and it routes most of Solana’s DEX Volume through it.
Current Catalyst: In November 2025, JUP will introduce a new decentralized ICO platform (Launchpad). To participate in this Launchpad, you will have to stake JUP tokens, which will create the first strong demand sink for JUP tokens.
Potential: Currently, the JUP price (around $0.35) is near the low end, but if this Launchpad succeeds, there is a chance the price could multiply many times. Therefore, buying JUP could become a high-risk, high-reward bet based on the upcoming event.
2. Jito (JTO) - the king of Liquid Staking on Solana
Usefulness: Jito controls over 90% of the Liquid Staking market on Solana. Users can stake SOL, retrieve JitoSOL, and then use that JitoSOL again in DeFi.
MEV Rewards: Jito’s main advantage is that it captures profits called MEV (Maximal Extractable Value) and redistributes them to JitoSOL holders, so JitoSOL’s returns (APY) are often higher than normal SOL staking.
Potential: JTO is a Governance Token that governs the entire economic system. Investing in JTO is like betting on the success of the entire Solana ecosystem—because the more economic activity on the Solana Network increases, the more MEV rewards you can earn.
3. Pyth Network (PYTH) - a data bridge for big institutions
Usefulness: Pyth is an Oracle (a system that delivers data from the outside world onto the Blockchain), and it is designed especially for fast, high-throughput networks like Solana.
Advantage: Its data comes directly from market makers like B2C2, and even in August 2025, the U.S. Department of Commerce chose Pyth to put their official business data (GDP) on-chain.
Potential: Right now, the PYTH price (around $0.10) is down more than 90% from its All-Time High ($1.20). This isn’t because the project is bad; rather, in May 2025 there was a major Token Unlock (58% of the supply). Now, as those sell-pressure forces are assumed to have finished, people are viewing it as a Value Play opportunity where—due to the project’s strong fundamentals—the price can return to its true value.
Market risks and protective strategies
No matter how strong the Solana ecosystem is, we cannot ignore that the overall market is currently at the Extreme Fear level. So at times like this, investors need to pay close attention to the following market risks-
1. Broad Market Crash Risk: All altcoins on Solana are high-beta assets, so they depend heavily on Bitcoin’s price. If Bitcoin fails to hold its main support level at $100,000 and keeps dropping further, these altcoins could fall many times more than Bitcoin.
2. Risk of ETF Hype Ending: Inflows into Spot Solana ETFs—the main factor that pushed prices up—have now fallen to as low as $1.49 million per day, indicating that investors can no longer rely solely on institutional demand.
3. Project-Specific Risk: For example, Jupiter (JUP)’s price potential depends entirely on the Launchpad to be introduced this November. If this Launchpad is not as good as people expect—or if it gets delayed—then the JUP price could fall further.
4. Tokenomics Risk (Supply Risk): Pyth Network (PYTH) is a good project, but looking at how the price fell by more than 90% due to a large token unlock event shows how much supply changes can impact the market. Therefore, before buying any altcoin, you need to carefully check its token unlock schedule.
Therefore, to protect your capital in such a risky market, you should use the following strategies-
1. DYOR (Do Your Own Research): Don’t blindly follow hype. You need to clearly understand the difference between real utility projects with actual use cases—like JUP and JTO—and hype-only prediction projects like dogwifhat (WIF).
2. Diversification: Don’t put all your money into just one Solana altcoin. Even within the ecosystem, by diversifying investments across different types of projects—such as DeFi (JUP), Liquid Staking (JTO), and Oracle (PYTH)—you can reduce risk.
3. Position Sizing: Accept that almost all of the coins you are watching are extremely risky. So only invest the amount of money that you can afford to lose completely.
4. Using Stop-Loss: In such a volatile market, using Stop-Loss orders can protect you from unexpected large losses.
Market outlook and forward potential
In conclusion, the Solana ecosystem is going through a period of “The Great Maturation” in the latter part of 2025, transforming from a retail casino dominated by Memecoins into a high-performance financial layer where DEX volumes are running in the billions. With the overall market reaching an Extreme Fear level, it is likely pushing out fragile investors—thereby potentially building a healthier environment in the long term.
These fearful times involve extremely high risk, but on the other hand, they are also periods when you can find good opportunities with lower prices. For example, the time before JUP’s Launchpad introduction, or periods when the pressure from PYTH’s token unlocks has ended, could be great opportunities.
Therefore, investors should not focus only on short-term price fluctuations, but instead focus on Solana’s real on-chain economy (DEX Volume) and technical strength (Firedancer) and prepare for the long term. Since this period of fear could also be a quiet pause before the next major Bull Run, we conclude that it is a good time to closely monitor everything together with proper risk management.