📊 Solana (SOL) Market Overview

Current Price: ~$148.17 USD

24h Change: -1.46%

24h Range: $146.90 – $151.64 USD

Market Cap: ~$76.7 billion USD

24h Trading Volume: ~$2.19 billion USD

Circulating Supply: ~518 million SOL

All-Time High: ~$260.93 USD

📰 Recent Developments

Whale Activity: On May 3, 2025, a significant Solana investor staked approximately $28.7 million worth of SOL, signaling increased confidence in the network and potentially reducing immediate selling pressure.

Technical Patterns: Analysts have identified a bullish inverse-head-and-shoulders pattern in Solana's price chart, suggesting a potential breakout to around $205 by late May.

Market Sentiment: Despite recent gains, Solana faces resistance near the $153–$155 range. A breakout above this level could pave the way for further upward momentum.

🔮 Price Forecasts

Short-Term (May 2025): Analysts predict that SOL could reach between $155 and $160 by the end of May, provided bullish momentum continues.

Mid-Term (Q2 2025): Projections suggest SOL may trade between $170 and $200, contingent on market conditions and network developments.

Long-Term (End of 2025): Forecasts estimate SOL could reach up to $400, reflecting long-term growth prospects tied to the project's development and market expansion.

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