SOL Token Surges 5.55% as Nasdaq Eyes Addition and Rain Expands Solana Access

Solana (SOLUSDT) has experienced a 5.55% price increase over the past 24 hours, rising from a 24h open of $150.29 to a current Binance price of $158.63. This upward movement is attributed to several positive developments, including Nasdaq’s proposal to add Solana to its Crypto Index, which could potentially increase institutional exposure if approved by the SEC. Additional momentum stems from Rain’s recent integration of Solana, expanding network accessibility, and ongoing optimism around Solana-based meme coins, which have attracted heightened market attention. Technical indicators show SOL breaking through key resistance levels, supported by improved sentiment and a pattern of higher lows.

Currently, Solana is trading at $158.63 with a 24-hour trading volume of $3.79 billion and a market capitalization of $83.5 billion, ranking #6 by market cap. The asset remains volatile but is demonstrating positive momentum, with analysts monitoring resistance at $158 and $163.80 and support at $150, as the market continues to react to both technological developments and broader crypto sector trends.