SOL$SOL price dipped 2.4% to $176.88 on Saturday, May 24, 2025, after briefly surpassing Binance Coin BNB $BNB as the 5th-ranked cryptocurrency. The temporary jump above $181 was short-lived due to memecoin-driven volatility and market uncertainty following a controversy surrounding U.S. President Donald Trump's dinner event. This led to bearish sentiment sweeping through SOL markets.

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