🚀 Solana (SOL): Is its rebound still strong or is the rally cooling off?

In the current context of the crypto market, Solana (SOL) continues to make headlines. After a volatile first half of 2025, the Solana ecosystem is showing signs of consolidation, with movements that keep both traders and holders on their toes.

📊 What's happening today with SOL?

As of June 11, 2025, SOL remains around $168, with a slight correction of -1.2% in the last 24 hours, although it still retains a weekly gain of +6.4%. This relative stability comes after an explosive May, where it nearly touched $180, driven by renewed institutional interest and the growth of its DeFi and memecoin ecosystem.

🔍 Fundamentals supporting the price

1. Increase in on-chain activity: The Solana network has been recording a sustained increase in transaction volume and active users, especially due to the boom of memecoins like WIF and BONK, which continue to drive very active communities.

2. Technological development: The recent update of the validator client Firedancer continues to progress, promising a significant improvement in the scalability and security of the network.

3. Integration with new projects: Platforms like Helium and Render continue to migrate their operations to Solana, which strengthens its image as a solid alternative to Ethereum in terms of performance and costs.

🧠 What do analysts say?

Some traders see SOL in an accumulation phase before a possible breakout if it manages to surpass the key resistance of $175. Others, more cautious, warn that enthusiasm for meme tokens could be artificially inflating demand in the short term.

📌 Conclusion

Solana remains one of the most solid projects in terms of speed and cost per transaction, and its community maintains a high level of engagement. However, the sustainability of the rally will largely depend on whether the ecosystem continues to provide real value and concrete adoption.

$SOL