$SOL As of May 5, 2025, Solana (SOL) is trading around \$144.20, marking a 1.9% daily drop. The price is consolidating just below the 100-day simple moving average at \$154, presenting a notable resistance point. Technical signals place SOL in the “Hope” zone of the NUPL chart, which often precedes upward movement. Analysts highlight \$180 as a key resistance level, with a successful breakout potentially driving the price to \$221. Long-term outlooks for 2025 suggest targets ranging from \$220 to \$1,000, with an average near \$515. Despite short-term volatility, institutional backing remains strong, bolstered by Canada’s recent approval of its first spot SOL ETF. This growing institutional interest supports optimism for Solana’s continued adoption and price growth.