$SOL As of June 4, 2025, Solana (SOL) is trading at approximately $157.52, reflecting a 2.07% decline over the past 24 hours. The cryptocurrency experienced a sharp 6% drop from its recent peak of $163 but found support around the $154 level, indicating a potential stabilization in price.
Over the past three days, Solana faced significant selling pressure, with approximately 3 million SOL tokens—valued at around $468 million—being sold off. This sell-off contributed to the price dipping to $150 before rebounding.
Technical analysis suggests that if SOL can break through the resistance at $165, there is potential for the price to move towards the $179–$195 range. However, failure to maintain support above $154 could lead to further declines.
For a visual representation of Solana's recent price movements, refer to the chart below:
This chart illustrates the recent volatility in SOL's price, highlighting key support and resistance levels.
Please note that cryptocurrency markets are highly volatile, and prices can change rapidly. It's advisable to consult multiple sources and conduct thorough research before making any investment decisions.