Solana (SOL)$SOL is currently trading near $210, recording a 5–6% gain in the past 24 hours and almost 7% growth over the week. With a market capitalization of $113 billion, Solana remains among the top six cryptocurrencies, though it is still trading about 29% below its all-time high of $295.
Key Highlights:
The Alpenglow upgrade has been approved, strengthening confidence among developers and validators.
Major institutional players such as Galaxy Digital, Jump Trading, and Multicoin Capital are supporting Solana due to its scalability and growing DeFi/NFT ecosystem.
Traditional financial institutions including HSBC and Bank of America are exploring Solana’s blockchain through R3 partnerships, signaling broader global adoption.
Analysts identify strong support between $196–$200, with potential upside targets ranging from $225 to $362 if bullish momentum continues.
Conclusion:
With its high-speed transactions, robust ecosystem growth, and rising institutional adoption, Solana$SOL
is positioning itself as one of the most promising altcoins in 2025, attracting both retail and institutional investors