THIS IS WHAT TO EXPECT FROM SOLANA (SOL) IN MAY 2025?

Solana (SOL) is expected to have a significant month in May 2025, with several factors influencing its price movement. Here are some key points to consider:

Price Prediction: Solana's price surged 41% in April, reaching $149, with the next major resistance at $180. A break above this level could propel SOL to $221, representing a 21.8% rise.

Institutional Interest: Canada's first spot SOL ETF has boosted confidence in Solana's future growth, and long-term holders are solidifying their positions, indicating a potential upward trend.

Technical Indicators: Solana is in the "Hope" zone on the Net Unrealized Profit/Loss (NUPL) indicator, signaling potential price increases as it approaches the "Optimism" zone.

Resistance Levels: Key resistance levels to watch are $180 and $200, with support around $120 and $100.

FTX Repayments: The FTX estate's $800 million creditor repayments, starting May 30, could impact Solana's price due to potential sell pressure, with 61% of FTX's on-chain holdings in Solana.

Ecosystem Advancements: Solaxy's enhancements to Solana's efficiency and rewards, along with growing utility and investor engagement, could strengthen Solana's fundamental value.

Overall, May 2025 is shaping up to be a critical month for Solana, with potential for significant price movements based on technical, fundamental, and ecosystem factors .#BinanceAlphaAlert #AirdropStepByStep #TrumptaxCuts #solana $SOL