💥Solana (SOL) – Strong upward momentum, aiming for the $200 mark in May 2025
As of May 13, 2025, the price of Solana (SOL) is trading around $174.08, with a daily fluctuation range from $168.88 to $181.48.
Short-term trend analysis
Strong support: The $160 level currently serves as an important support threshold. Maintaining above this level indicates that market sentiment leans towards the positive.
Next resistance: Analysts predict that the price range of $190-$200 will be the next resistance level that SOL needs to overcome to continue its upward momentum
Whale activity: Despite signs of selling from whales, the Solana network still shows strong growth, leading in revenue and trading volume on exchanges.
Short-term trend prediction
With the current positive factors, SOL is likely to continue its upward trend in the short term. However, investors need to closely monitor support and resistance levels to make reasonable trading decisions.