$SOL Today, May 31, 2025, the cryptocurrency Solana (SOL) is trading around $154, recording a decrease of approximately 5% in the last 24 hours and over 11% in the last week.

SOL Price Evolution

Current price: between $153.90 and $155.51, depending on the trading platform.

Weekly decrease: approximately **-11%**.

Trading volume (24h): between $3.9 and $4.3 billion.

Market capitalization: approximately $80.7 billion, maintaining its position as the 6th in the global cryptocurrency ranking.

All-time high: approximately $294.85, reached on January 19, 2025.

Factors influencing the decrease

The recent decline in SOL's price is attributed to several factors:

Decrease in interest for memecoins: which has affected the overall market sentiment.

Cryptocurrency market volatility: a general market correction has contributed to the price decline.

Despite these challenges, Solana remains one of the top-performing Layer-1 cryptocurrencies in this market cycle, with an increase of nearly 3,500% from 2023 to date.$SOL