$SOL As of May 8, 2025, Solana (SOL) is trading at approximately $153.09, reflecting a 3.6% increase over the previous close. The intraday high reached $153.13, while the low was $145.01.

Analysts are closely watching the $155 resistance level. A successful breakout above this threshold, supported by strong volume and bullish technical indicators, could propel SOL towards $175 or even $190. Conversely, failure to surpass this resistance might result in a pullback to the $130–$140 support zone.

Notably, a significant whale recently unstaked 120,197 SOL (valued at $17.55 million) and transferred the funds to Binance, indicating potential selling pressure. Despite this, on-chain data suggests continued accumulation by institutional investors, signaling long-term confidence in Solana's prospects.

Market sentiment remains cautiously optimistic, with the Fear & Greed Index at 67 (Greed), suggesting a favorable environment for potential gains.