$SOL Solana Ready to Explode? Why May Could Be the Breakout Month for SOL!

Solana (SOL) is heating up—trading at around $145.72 as of May 5, 2025, after a strong rebound from April’s dip near $115. That’s more than just a recovery—it’s a signal of growing momentum that’s turning heads across the crypto space. The RSI hovers near 68.75, edging close to overbought territory, yet still in the green zone for further gains. SOL also remains comfortably above its 9-day SMA, reinforcing bullish sentiment.

But here’s the kicker: SOL is bumping up against a critical resistance between $153 and $155. A decisive breakout here could send the price flying into a new rally phase. On the flip side, consolidation may occur if it fails to breach that level, with $130 acting as the key support.