$SOL
📊 1. Latest Market Conditions (as of July 2025)
> ⚠️ Note: Price data and real-time charts cannot be displayed directly. For the latest prices, please check CoinMarketCap, Binance, or TradingView.
However, in general:
The current price of SOL is in a consolidation phase after a sharp rise since the beginning of 2025.
Many investors see Solana as a primary alternative to Ethereum due to its speed and scalability.
DApp, NFT, and DeFi activity on the Solana network is increasing again.
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🔍 2. Supporting Fundamental Factors for SOL
Factor Explanation
🔄 Speed & Cost Solana has a very high TPS (transactions per second) and very low costs.
📈 Growing Ecosystem Many active DeFi, NFT, and GameFi projects on Solana.
💰 In Demand by Investors SOL is once again being eyed by institutions as a potential asset in the Layer-1 sector.
🔒 Migration to Firedancer The upgrade of the validator client from Jump Crypto (Firedancer) makes the network more stable & faster.
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🧭 3. Simple Technical Analysis
If the trend continues, the possible outcomes are:
Main Support: $120–$130 (previous bounce area).
Resistance: $180–$200 (if this is broken, it could continue to a higher level).
The 50 and 200-day Moving Average indicators show a bullish trend in the medium term.