As of May 4, 2025, Solana (SOL) is trading around $145.64, down 1.76% on the day. Technically, SOL has broken above the Ichimoku Cloud and formed a bullish cup-and-handle pattern, hinting at possible upward momentum. On-chain data shows a $51 million whale transfer to Kraken, signaling potential volatility. Fundamentally, the proposed "Project Open" could boost adoption by enabling equity trading on Solana's blockchain. Market sentiment remains cautiously optimistic amid broader crypto consolidation. $SOL