Solana ($SOL), a prominent top performer among the crypto assets, is currently displaying sideways price movement. As per the market data, Solana ($SOL) has recorded a price decrease of 1.65% over past twenty-four hours. However, despite this decline, Solana ($SOL) shows a positive outlook for further upward trajectory in June 2025.
Solana Records Occasional Drop of 1.65% Amid Anticipation for Likely Bull Market
According to the latest details, Solana ($SOL) is trading at $153.89. This price level reportedly highlights a price slump of up to 1.65% over the past 24 hours. However, over the past month, the crypto asset has shown a gradual reversal from a continuous downtrend. This recovery is a positive sign for likely bullish trend to be seen in the next days.
Over the past 30 days, $SOL has reportedly been fluctuating between the $140-$170 range. In the meantime, the $SOL holders keenly observed the resistance and support levels. However, a recent push from the support level of $151 elevated the price to $162 before a minor correction. In line with this, the market onlookers expect another bull market for Solana as the technical indicators and trading volumes are favorable.
1-Month Price Rise of 6.35% and Leading Role in Web3 Innovation Fuels Positive Sentiment
At the moment, Solana ($SOL) is changing hands at $153.89 with a 1.65% plunge. Additionally, the 24-hour volume thereof stands at $2.57B, denoting a 23.95% decline. In the same vein, its market capitalization presents a displays a 1.29% decrease at $80.69B. Apart from that, the weekly price performance of the crypto asset presents a 10.43%. However, the 1-month performance of the well-known cryptocurrency signifies a 6.35% increase.
Overall, irrespective of the provisional sideways movement, Solana ($SOL) is poised to make further gains as the market as the long-term market outlook is optimistic. As a key contributor to the growing Web3 innovation, the Solana blockchain’s performance is also adding to this momentum and liquidity. Thus, $SOL eyes a noteworthy price upturn in the near future as investor sentiment keeps building amid favorable regulatory developments across the globe.
