☘️Solana (SOL) is trading at approximately $160.58, reflecting a 5.86% decline over the past 24 hours.
📉 Current Market Overview
The recent price drop is attributed to broader market downturns, including renewed tariff concerns that have impacted major cryptocurrencies. Despite this, Solana's fundamentals remain robust, with significant retail and whale accumulation removing 4.13 million SOL (approximately $677 million) from exchanges, indicating strong long-term investor confidence.
📈 Long-Term Perspective
Analysts suggest that Solana's price could reach up to $380 by the end of 2025, supported by institutional interest and growing adoption in the DeFi and NFT sectors.
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What are your thoughts on Solana's current performance and future prospects?
