Solana (SOL) Market Update โ May 5, 2025
Current Price: $144.84 ๐ฐ
24h Change: -0.98% ๐
High/Low: $147.52 / $142.81 ๐
Top Highlights:
Security Patch ๐ก๏ธ โ Solana Foundation quietly fixed a critical bug affecting token minting. No exploits were reported, but the community raised concerns over the lack of transparency.
DeFi & NFTs Growing ๐ โ Solanaโs DeFi platforms and NFT collections continue to expand, attracting more users and investors.
Meme Coin Surge ๐ธ โ Meme coin activity is booming on Solana, with platforms like Pump.fun seeing massive trading volume.
Luxury Real Estate Deal ๐ โ A $8.7M property in Dubai is now available for purchase with SOL, marking a big step for real-world crypto adoption.
Market Outlook ๐ฎ โ Despite the dip, SOL has gained 20% over the past month. Holding above $150 could trigger a rally toward $200.