Solana (SOL) May 2025 Outlook – Binance Data Only
As of May 1, 2025, Solana (SOL) is trading at $148.83 on Binance, showing a moderate increase of 0.55% in the last 24 hours. The day’s price range spans from $141.07 to $148.86, reflecting stable market activity.
Looking into May, traders on Binance are watching key resistance around the $155 mark. If SOL breaks past this level with strong volume, it could target $170 by mid-month. On the downside, support is visible near $138, a zone buyers have previously defended.
Trading volumes remain healthy, and Binance’s SOL/USDT pair continues to rank among the top 10 most traded crypto pairs, signaling consistent investor interest. The Binance Smart Chain's continued interaction with Solana-based assets could also influence price dynamics this month.
Traders should keep an eye on order book depth and funding rates for hints of short-term sentiment shifts. May could prove pivotal for SOL momentum on Binance.
