$SOL In recent weeks, Solana ($SOL ) has shown a remarkable recovery after a 40% drop in February. Currently, its price hovers around $130 USD, with a 3% increase in the last 24 hours, although it is still 55% below its all-time high of $294.85 reached in January 2025.

This rebound is attributed to the growth of the total value locked (TVL) in its DeFi ecosystem, which reached $6.4 billion, and the resurgence of memecoins on its network, boosting on-chain activity. Additionally, the recent approval of Solana futures on the CME has generated expectations about potential spot ETFs, which could attract institutional investments.

Despite these advances, Solana faces challenges such as competition with Ethereum and possible regulations. Analysts project that SOL could reach $204 in 2025, but recommend caution due to market volatility.