#SOL As of April 30, 2025, Solana (SOL) is trading at $146.63, with a market cap of $75.9 billion, ranking it as the sixth-largest cryptocurrency. Recent price fluctuations have been driven by the SEC’s delays in approving spot ETFs, triggering $250 million in weekly outflows and heightened volatility, though technical indicators suggest consolidation between $118–$124. Despite regulatory uncertainty and network congestion issues, Solana’s ecosystem remains robust, supported by institutional partnerships like BlackRock’s BUIDL fund and Visa’s integration. The upcoming Firedancer upgrade aims to address scalability, while ETF approval optimism fuels bullish predictions of $300–$500 by late 2025. However, bearish risks persist, including potential security classification by the SEC and macroeconomic pressures.
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