As of June 16, 2025, Solana (SOL) is trading at approximately $156.74, reflecting a 6.5% gain over the past 24 hours.

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Binance-Peg SOL (SOL)

This uptick is attributed to increased institutional adoption and innovations like Bybit's decentralized exchange (DEX), signaling a potential reversal from recent market downturns.

Looking ahead, analysts project that SOL could reach between $397 and $488 by the end of June, driven by rising trading volumes and renewed investor interest.

However, it's important to note that Solana's Total Value Locked (TVL) remains below $10 billion, and whale activity is showing signs of caution.

In summary, while the recent price surge is promising, investors should monitor Solana's ecosystem developments and macroeconomic factors for sustained growth.$SOL #solonapumping