🌟⭐️💫 What To Expect From Solana (SOL) In May 2025 ⁉️
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Solana has been making a concerted effort to recover from the losses it faced over the past three months. Recently, the altcoin has been gaining traction, aided by Long Term Holders (LTHs) who have joined the rally.
This support is likely to help solidify Solana’s path toward a full recovery in the coming month.
✨️ Solana Investors Have Something To Look Forward To
Currently, Solana is in the “Hope” zone according to the Net Unrealized Profit/Loss (NUPL) indicator. Historically, when Solana entered this zone, it often preceded price increases, with the price rising as the indicator moves closer to the “Optimism” zone at 0.25. While Solana is still far from this threshold, the altcoin’s price could rise in anticipation of further bullish momentum.
In addition to the strong NUPL signal, Solana is seeing significant interest from institutional investors. This interest is further reinforcing the positive market sentiment as more institutional investors are increasing their exposure to Solana. This institutional confidence is likely to contribute to the ongoing positive price action and add strength to Solana’s recovery.
Recently Canada approved the world’s first spot SOL ETF which is a big deal considering US investors have been asking for the same longer.