$SOL As of Monday, May 5, 2025, Solana (SOL) is currently trading around $143 - $147. It has experienced some volatility recently. Over the last 24 hours, the price has shown minor fluctuations, with a slight decrease in some sources and a small increase in others.

Recent significant news involves the discovery and patching of a critical vulnerability within Solana's Token-2022 and ZK ElGamal Proof programs. This zero-day bug, if exploited, could have led to the unlimited minting of confidential Token-22 tokens and potential fund withdrawals. The Solana Foundation confirmed that no exploits occurred, and a patch was swiftly implemented by validators. However, the incident has raised some concerns within the community regarding the transparency of communication with validators, leading to discussions about network centralization.

Despite this security concern, Solana has shown strong on-chain activity, with its Q1 revenue surpassing that of some competitors. The popularity of memecoins on platforms like Pump.fun significantly contributed to this revenue. Additionally, Solana's stablecoin float has reached an all-time high, indicating growing adoption for practical applications beyond speculative trading.

Technically, Solana's price is below its 50-day and 200-day Simple Moving Averages, suggesting a bearish trend in the short term. However, some analysts anticipate a potential rebound if SOL can break through resistance levels around $150, with targets of $155-$160 in the near term. Long-term predictions for 2025 vary widely, with some suggesting highs between $200 and $500 or even higher, contingent on market conditions and further developments within the Solana ecosystem.