Solana (SOL) Market Update – May 21, 2025

Solana is showing promising resilience in the market with strong technical support and a rise in on-chain activity. Currently trading around $168-$170, SOL has bounced from recent support levels and is targeting the $175-$180 resistance zone.

Technical Outlook:

Support Zone: $160 - $165

Resistance Zone: $175 - $180

Momentum: Bullish

Next Target (if breakout confirms): $190+

Why SOL is in Focus:

Rapid growth in Solana-based DeFi and NFT projects

Strong developer activity

Improved scalability and lower gas fees

Disclaimer: This is not financial advice. Please do your own research before investing or trading.

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