#CryptoAdoption #sol #solana $SOL As of today, April 29, 2025, the cryptocurrency Solana (SOL) is trading in the range of $147.44 to $148.92 depending on the exchange platform. Over the past 24 hours, the price has changed slightly, fluctuating within ±1%. The market capitalization of Solana is approximately $76.7 billion, with about 517.7 million SOL tokens in circulation.

Current Market Situation

Solana demonstrates resilience, holding a key support level at $145. Analysts note the formation of a bullish pattern known as an 'inverted head and shoulders', which may indicate a potential price rise to $205 by the end of May. Additionally, recent investments of $500 million from institutional investor Sol Strategies have triggered a 15% price increase, breaking the resistance at the $145 level.

Short-term Forecasts

Analysts suggest that in May 2025, the price of Solana may fluctuate between $141.16 and $155.50, with an average expected value of around $148.33. In the long term, if current trends persist, the price could reach new highs, especially if resistance at the $180 level is overcome.