Solana in June 2025: Price Trend Analysis and Market Outlook

Analysis of Solana's status on June 1, 2025, focusing on price trends and market factors.

On June 1, 2025, Solana (SOL), a leading Layer-1 blockchain, is under scrutiny amid crypto market volatility. Its price is reported at approximately $154, down 5.1% from the previous day. This decline follows an impressive 85% rally from early April to late May 2025, which pushed the price to $187. However, institutional selling and macro-economic uncertainties have driven Solana into the $152 to $158 range. A key factor in this bearish trend is heavy selling during high-volatility hours, with trading volume spiking to 1.26 million SOL. Technical analyses indicate that Solana is testing the critical $150 support level. If this level breaks, the price could drop to $145. The RSI stands at 54, signaling fading bullish momentum. However, some analysts suggest that these sell-offs could flush out weak hands, paving the way for a price recovery. Despite the downturn, Solana’s ecosystem remains robust. Its recent integration with MetaMask, as the first non-EVM network, has simplified access to Solana-based decentralized applications (DApps). Additionally, the launch of the decentralized authentication tool SAS has opened new use cases in DeFi, Web3 gaming, and DAOs. The issuance of $250 million in USDC on Solana has boosted liquidity, positioning the network as a leader in stablecoin volume. Macro factors, such as trade tariff threats and tight monetary policies, have dampened market sentiment. Delays in U.S. Solana ETF approvals have also slowed bullish momentum, though approval odds remain high for late 2025. If Solana holds the $150 support and breaks the $175 resistance, a return to $200 is possible. Traders should monitor regulatory developments and key technical levels to capitalize on market movements. Overall, while Solana faces short-term challenges, its mid-term growth potential remains strong.