Solana ( $SOL ) price saw a slight uptick as the cryptocurrency market looked to hold onto recent gains, with the altcoin consolidating within a key range. #Crypto #Solana #market #CoinectraX

The price of Solana rose more than 3% in the 24-hours, up from a 6% dump the previous day. Latest gains during early trading during the U.S. session on May 20, 2025, come as Solana-focused research and development firm Anza unveiled a major consensus protocol change.

While SOL signalled the potential for a bearish flip when price broke below the $170 level, buyers have held above $165. 

The broader picture is that the altcoin‘s price remains within the $160-$180 range, which previously held as bulls recovered to rally to highs near $260. Meanwhile, total value locked in protocols on Solana has increased from lows of $7 billion in April to above $10 billion.