$SOL 30 May 2025, the Solana (SOL) currency is trading around $161 USD, recording a decrease of approximately 5% in the last 24 hours.

Recent price evolution of SOL:

Today: ~$161 USD

7 days ago: ~$180 USD

30 days ago: ~$140 USD

All-time high: ~$295 USD (January 19, 2025)

Despite the recent decline, SOL has recorded an increase of over 13% in the last month.

Factors influencing the market:

Technical analyses indicate renewed selling pressure, with the risk of the price dropping below the support level of $160. However, the outlook for June is optimistic, with expectations of accumulation from retail investors and a possible breach of the resistance at $178.

Overall, SOL remains one of the best-performing Layer-1 cryptocurrencies of this market cycle, with an increase of nearly 3,500% from 2023 to date.$SOL