$SOL $SOL
Current Price & Trends of SOL
SOL is trading around $145, down roughly 8–9% from its weekly highs near $160–$165 .
It stands about –51% below its all-time high of ~$294 from January 19, 2025 .
Trading volumes remain robust (≈ $3.5 billion daily), indicating strong liquidity .
SOL has pulled back from its 20/50/100/200 EMAs (≈ $148–156) and is hovering near key support around $144–$140 .
Short-term bears are testing support levels, but buyers are accumulating near $144 .
A failure to hold $144 could trigger a drop toward $136–$140; conversely, reclaiming above $150–$155 could spark a rally toward $165–$170 .
Glassnode data shows a decline in NVT ratio—a potentially bullish sign, suggesting transactions are catching up with market valuation .
SOL holders exhibit strong confidence: net flows show accumulation rather than distribution .
A viral tweet from “@AltcoinGordon” on June 19 dubbed this a potential “Solana Summer”, citing rising on‑chain and DeFi activity .
Institutional and ecosystem drivers: Societe Générale launching a stablecoin on Solana, and growing ETF speculation, are boosting confidence .
Ecosystem growth (DeFi/NFTs) and network upgrades (Firedancer, consensus improvements) could support a move above $180 in 2025 .
Medium-term 2025 targets: bulls see $180–$400+, while bears warn of retests toward $120–$140 .
Long-term (2026–2030) forecasts by sites like Coinpedia suggest eventual highs of $400+, $700+, even $1000+ depending on ETF rollouts and network expansion .