🚨 Solana Update — Aug 3, 2025
$SOL is trading around $160–165, down ~3–5% in the last 24 hours after retreating from July highs near $205.
A cooldown in DeFi activity and long liquidations have driven selling pressure, though network fundamentals remain solid—with Solana posting over $87M in monthly revenue.
Key technical support lies at $160–165, while resistance clusters at $185–200. Traders are watching for the next bounce or break.