$SOL June 5, 2025, Solana (SOL) is trading at approximately $154.51 USD, reflecting a 24-hour decline of about 1.64%.
Over the past week, SOL has experienced a drop of nearly 10%, influenced by factors such as fading interest in memecoins and concerns over upcoming SOL token unlocks. Additionally, the price is currently trading below its 50-day simple moving average, indicating ongoing bearish pressure.
Looking ahead, while short-term volatility may persist, long-term forecasts remain optimistic, with some analysts projecting SOL to reach $1,620 by 2030.$SOL