$SOL As of mid-April 2025, Solana (SOL) is trading around $134, showing strong recovery after dipping below $100 earlier this month. This upward movement is driven by increased on-chain activity, especially from new projects like LaunchLab and the successful presale of Solaxy (SOLX), Solana’s first Layer 2 solution, which raised $30 million. The recent launch of spot Solana ETFs in Canada has also improved investor sentiment. Technical indicators suggest bullish momentum, with SOL breaking key resistance levels. If current trends continue, analysts expect Solana to potentially reach $150 in the short term, although market sentiment still remains cautiously optimistic.