Published May 20, 2025
Solana (SOL$SOL ) is making waves again!
With a sharp 6.3% price jump, SOL$SOL climbed from $159.69 to $173.03, backed by strong trading volume and increasing institutional interest. In the last 30 days alone, SOL$SOL has surged nearly 23%, now trading at $167.37—a major win for DeFi and crypto bulls.
What’s driving the rally?
A recent $24M treasury buy by DeFi Development
Over $35.6B in weekly DEX volume
Bullish technical setup with higher highs and higher lows
Heavy trading activity between $167-$170, signaling accumulation
Market reacting to global trade tensions and macro volatility
Analyst View:
Analysts identify $166.82 as a critical support level. If SOL stays above $177, we might see a run toward $200+ in coming weeks!
Technical Snapshot:
Support: $160.34
Resistance: $177.00
Last high: $173.03
Brief correction: $172.19 → $169.87 (-1.35%)
Volume spike suggests smart money is buying
Keep an eye on SOL — the bulls are charging!
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