$SOL As of May 6, 2025, Solana (SOL) is trading at approximately $146.11 USD, reflecting a modest increase of about 0.67% over the past 24 hours.

Recent developments in the Solana ecosystem include:

Security Enhancements: The Solana Foundation disclosed that validators quietly patched a major bug, avoiding a potentially catastrophic exploit.

Institutional Investment: DeFi Development Corp announced plans to acquire a Solana validator business for $3.5 million, aiming to self-stake its holdings and integrate staking rewards into its revenue.

Technical Patterns: Analysts have identified a cup-and-handle pattern in SOL's price chart, suggesting potential for significant upward movement.

Overall, Solana appears to be maintaining a stable position with positive technical indicators and growing institutional interest.