📊 Solana (SOL) Market Overview – May 13, 2025
Current Price: ~$176.77 USD
24h Change: +0.38%
24h Range: $166.90 – $177.84 USD
Market Cap: ~$91 billion USD
24h Trading Volume: ~$6.8 billion USD
Circulating Supply: ~520 million SOL
All-Time High: ~$272.99 USD (November 2021)
📈 Recent Performance
Solana has demonstrated robust growth, with its price surging approximately 85% over the past four weeks, climbing from a low of $95 to its current levels. This upward trajectory is attributed to increased on-chain activity, heightened investor interest, and favorable market conditions.
🔍 Technical Analysis
Analysts observe that Solana is currently in the final leg (Wave 5) of a 5-wave Elliott Wave structure, suggesting potential upside targets between $180 and $191, provided current support levels hold.
Additionally, the Relative Strength Index (RSI) on the 4-hour chart remains below overbought territory, indicating room for further upward movement.
🔮 Price Forecast
Market analysts project that if Solana maintains its current momentum, it could test resistance levels around $180 to $200 in the near term. Some forecasts suggest that SOL could reach $250 by the end of June, driven by continued institutional interest and positive market sentiment.
guys like and follow for more update and comment your thoughts 👇