Despite positivity, $SOL is still under pressure. It's trading at a price 40% lower than its ATH.
The reduction of available liquidity aggravated the situation, prompting many investors to withdraw their funds from DeFi protocols based on Solana’s blockchain. This is certainly accelerating the downfall.
Again, SOL also got good support from Trump and got a position in the US national crypto reserve.
Now we can only watch this tug of war and wait for the winner - the bull or the bear.