$SOL Solana (SOL) is currently trading around $146.37, showing a slight decrease of about 0.44% in the last 24 hours. The market capitalization stands at approximately $75.85 billion, with a 24-hour trading volume of $1.49 billion.
Recently, Solana's network experienced a critical update where validators patched a zero-day bug that could have led to unlimited minting of certain tokens. This vulnerability affected the ZK ElGamal Proof program used for confidential transfers of Token-2022 standard tokens. Although the confidential transfer feature has been available since October 2023, its adoption has been limited. The Solana Foundation has stated that all funds are safe and there is no known exploit of the vulnerability.
Looking ahead, price predictions for Solana in 2025 vary, with some experts suggesting a potential high of around $300 to $500, and more optimistic forecasts reaching up to $1000. These predictions are based on factors such as network upgrades, increasing adoption in DeFi and NFT sectors, and overall market sentiment. However, it's important to note that the cryptocurrency market is volatile, and these predictions should be taken with caution.