As of May 24, 2025, the cryptocurrency Solana (SOL) is trading at around $175, showing a decrease of 6% over the last 24 hours.
Brief overview of the current situation:
• Current price: $175.42
• Daily range: from $173.08 to $186.64
• Market capitalization: approximately $91 billion
• 24-hour trading volume: around $6.28 billion
Technical analysis and forecasts:
Despite the recent correction, analysts remain optimistic about SOL's future growth. Some forecasts indicate a potential rise to $210 in the near term, provided that the resistance level of $180 is surpassed. Technical indicators, such as the formation of a "bullish flag," also support the scenario of a continued upward trend.
Fundamental factors:
• Integration with Kalshi: The Kalshi platform has started supporting SOL, which may enhance the liquidity and attractiveness of the token for institutional investors.
Overall, despite the current volatility, Solana demonstrates strong fundamental indicators and retains potential for further growth.
