$SOL SOLANA ($SOL) Market Update – May 5, 2025

Solana ($SOL) is showing strong momentum today, gaining attention from both retail and institutional investors. Its high throughput and low fees continue to make it a leading platform for DeFi, NFTs, and meme coins. With recent upgrades improving stability, the network is processing over 65 million transactions daily. Analysts are closely watching the $150 resistance level, which, if broken, could trigger a fresh rally. Community engagement and developer activity remain high, solidifying SOL’s position in the top layer-1 blockchain list. Keep an eye on SOL as market sentiment continues to shift bullish.