Solana Price Today: Is SOL Ready to Break Out in June 2025?
After weeks of sideways action, Solana price is showing signs of life, trading around $107.58 (~2,735,000 VND) as of June 5, 2025. Over the past 24 hours, SOL gained 3.4%, and it has surged 12% in the last seven days—outperforming both Bitcoin (5.2%) and Ethereum (4.1%) during the same period. With growing liquidity, community momentum, and an expanding ecosystem, Solana appears to be gearing up for a potential breakout.
Solana Price and Ecosystem Recovery
The Solana price recovery aligns closely with a broader revival in its ecosystem. After facing network instability and technical issues in 2023–2024, Solana has demonstrated remarkable improvement in 2025. With over 48 million daily transactions, sub-second finality, and average transaction fees below $0.002, Solana is leading the pack in speed and scalability.
In addition to its robust infrastructure, Solana’s ecosystem is seeing renewed activity. Notable DeFi projects like MarginFi, NFT platforms such as Tensor, and trending memecoins like $CROAK are revitalizing user engagement. GameFi, DePIN, and wallets like Phantom are also contributing to Solana’s growing real-world utility.
Technical Outlook: Can Solana Price Break Resistance?
The current Solana price action shows a steady uptrend, maintaining a pattern of “higher lows” since early May. The 20-day moving average (MA20), now at $103, acts as a key support. The next psychological resistance sits at $110, and a break above this level could send SOL toward the $124–$130 range, last seen in March.
The RSI (Relative Strength Index) is currently at 62, indicating a strong bullish bias—but also entering a sensitive zone. If SOL fails to hold the MA20, a correction toward $95 (~2,400,000 VND) is possible, especially if liquidity dries up or broader markets become unstable.
Solana Price Data and Investor Sentiment
A closer look at Solana price indicators shows rising on-chain activity. Trading volume has increased by 35% over the past two weeks, and the number of active wallets is climbing steadily. Web3 developers are increasingly choosing Solana for its low fees, fast throughput, and advanced development tools.
Search trends and social media signals show that “Solana” is once again among the top blockchain-related keywords for June 2025. This surge in attention helps build positive sentiment, especially among retail investors seeking alternatives to Ethereum.
Solana Price vs. Other Layer 1 Blockchains
The Solana price narrative is also competitive. While Ethereum remains the standard for smart contracts, Solana is emerging as the go-to high-speed alternative. Compared to Avalanche or Polkadot, Solana stands out for its consistent performance and vibrant community.
In June, Solana’s daily transaction volume has surpassed many Layer 1 peers, and its near-zero gas fees give it an edge—particularly as Ethereum gas prices climb due to renewed DeFi activity.
Conclusion
Today’s Solana price reflects more than short-term market movement—it underscores a broader comeback. If SOL can decisively break past $110, it could confirm a sustained bullish trend heading into Q3 2025. With technical upgrades, inflowing capital, and rising user and developer interest, June 2025 might mark a pivotal chapter for Solana. It is steadily reasserting itself as one of the world’s leading Layer 1 blockchains—not just because of speed, but thanks to its diverse ecosystem and growing real-world applications.
