$SOL
Current Price and Market Situation
As of May 20, 2025, the price of Solana (SOL) is $168.66, reflecting a 3.76% increase over the past 24 hours. The current market capitalization is approximately $87.69 billion, and the 24-hour trading volume has reached $4.23 billion.
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Recently, the price of SOL dropped from $184.13 to $165.40, a decline of around 10%. If the price falls below the key support level of $160, it could drop further to $141.41 — a potential decrease of 14.6%. Technical indicators like RSI and MACD also show bearish signals, and market sentiment is turning increasingly negative.
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💰 Growth in DeFi and Potential Upside
In 2025, the amount of stablecoins on the Solana network has increased by 156%, surpassing $13 billion, reflecting its growing popularity in DeFi. Furthermore, the Total Value Locked (TVL) rose by 25% from April to May, reaching $7.65 billion. This growth could drive SOL’s price up to $220, representing a 53% increase from current levels.
#BinanceAlphaAlert BinanceAlpha$1.7MReward
