$SOL what's happening???
Guys, let's be clear: in these days Solana (SOL) is dancing quite a bit. After touching the $176 area, we are now around $156, with a drop of about -11% in the last 24h.
Many are already shouting about a "collapse", but in reality... we need a bit of perspective.
In recent months, Solana has been one of the best performing altcoins of 2025, with an incredible growth compared to the lows of 2024 (remember when it was below $30?). Now we are witnessing a technical correction: physiological, after such a violent rally.
Volumes remain high (almost 300M USDC traded in the last 24h), a sign that interest hasn't faded at all.
📊 On the monthly chart, the 25-day moving average (MA25) is at $157, so the current price is right there: a key support zone. If it holds, we could soon see a restart towards $180-200. If it breaks... it opens space towards $135-$140.
Many ask me: "But can Solana be considered a meme coin?"
Absolutely not. Solana is not Dogecoin or PepeCoin: it’s a solid layer-1, with a rapidly expanding DeFi and NFT ecosystem. Sure, the "hype" narrative has helped, but there is real technology and real partnerships behind it.
🔍 If we look at the market as a whole:
Bitcoin (BTC) is consolidating above $68,000,
Ethereum (ETH) is moving between $3,200-$3,400,
and the altcoins are simply breathing after weeks of overperformance.
If it breaks $170 again with volumes, the next target remains the $200 area.
Below $150 instead… we re-enter the accumulation phase.
I'll say it in one sentence:
It's not a meme coin, it's a machine that is warming up its engines. And those who know how to wait, also know when to restart. 🚀
