Solana (SOL) Gains Momentum in May 2025
Solana (SOL) is showing strength in May, currently trading near $145.80 with institutional interest fueling momentum. Major players like SOL Strategies and DeFi Development Corp have significantly expanded their SOL holdings, signaling long-term confidence in the ecosystem.
The Solana network’s DEX volume has surpassed $800 billion in 2025, driven by platforms like Jupiter. Technical analysts note a bullish flag pattern forming, with potential breakout targets of $180 to $200.
With Canada’s first spot SOL ETF approved and growing global recognition, Solana remains one of the top assets to watch this year.
