$SOL
๐ 1. Latest Market Conditions (as of July 2025)
> โ ๏ธ Note: I cannot display price data and real-time charts directly. For current prices, please check CoinMarketCap, Binance, or TradingView.
However, in general:
The current price of SOL is in a consolidation phase after a sharp rise from 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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๐ 2. Fundamental Factors Supporting SOL
Factor Explanation
๐ Speed & Cost Solana has a very high TPS (transactions per second), with very low fees.
๐ Growing Ecosystem Many active DeFi, NFT, and GameFi projects on Solana.
๐ฐ Attractive to Investors SOL is being reconsidered by institutions as a potential asset in the Layer-1 sector.
๐ Migration to Firedancer Upgrade of the validator client from Jump Crypto (Firedancer) makes the network more stable & faster.
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๐งญ 3. Simple Technical Analysis
If the trend continues, the likelihood is:
Main support: $120โ$130 (previous bounce area).
Resistance: $180โ$200 (if it breaks this, it could continue to higher levels).
The 50 and 200-day Moving Average indicators show a bullish tendency in the medium term.