DOGE Slides 6% After Testing Resistance, Despite May Growth and Solana Integration Boost

Dogecoin (DOGE) is currently trading at $0.22787, with a 24-hour trading volume of approximately $3.44 billion and a price decline of 6.02% over the last 24 hours. This recent drop follows a period of strong growth in May 2025, where DOGE benefited from increased whale accumulation, heightened network activity, and integration into the Solana ecosystem via Wormhole’s NTT framework, which improved cross-chain utility. Despite the positive momentum from these developments and Bitcoin reaching new all-time highs, the current price retracement appears to be a technical correction after testing a key resistance zone between $0.24 and $0.26, as well as broader market volatility impacting altcoins.