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The Solana price has dropped a fraction of a percentage in the last 24 hours to trade at $150.35 as of 6:52 a.m. EST on an 11.5% surge in trading volume to $3.4 billion.
The SOL price decrease happened despite institutional buying for Solana surging 90%, per a Coinshares report on June 30. Solana recorded $5.3 million in buys week-over-week, and this massive influx shows big players are accumulating SOL. Can the Solana price reflect this interest from institutional investors?
Solana Price Breaks Out Of A 2-Month Downtrend
The SOL chart shows the price is currently trading at $150, down 0.7% in the past 24 hours. The 50-day Simple Moving Average (SMA) sits at $158.05, while the 200-day SMA is at $167.31, suggesting a longer-term bearish trend.
Over the past couple of days, the SOL price jumped 9.8%, breaking out of the falling channel, hinting at a bullish reversal trend. Solana now faces key resistance levels around the 50-day and 200-day SMAs, and if it smashes through them, there could be a moonshot to $187 or even $200 in the next few weeks. However, if it dips below the support at $145, traders might need to brace for a drop to $130-$140.
The Relative Strength Index (RSI) at 50.97 is in neutral territory, hinting at no extreme overbought or oversold conditions yet. Meanwhile, the Moving Average Convergence Divergence (MACD) shows a bullish crossover with the signal line dipping below the MACD line, suggesting incoming buying pressure.
SOLUSD Analysis Source: Tradingview
However, with institutional FOMO kicking in, the bearish situation could flip fast. That 90% pump in buying power might just be the fuel to push the Solana price past resistance.
Looking ahead, Solana’s high-speed blockchain and growing DeFi ecosystem are soaring, attracting those institutional stacks. If this trend holds, SOL could hit $220 by Q3 2025, especially with altseason potentially kicking off. However, a rejection at $167 could mean a retrace to $145 if the market gets shaky.
Snorter Token Presale Surges Past $1.4M – Best Crypto To Buy Now?
As the Solana price begins to turn bullish, investors are rushing into a new meme coin called Snorter Token (SNORT). This Solana-based project is making waves, raising over $1.4 million in its ongoing presale so far.
With a quirky aardvark mascot and a promise to level the playing field for retail traders, Snorter is positioning itself as the go-to Telegram trading bot for meme coin degens. But what’s driving the hype, and is it worth jumping in before the next presale price hike?
Snorter Bot is built for speed and smarts. It’s a Telegram-native trading tool that lets users snipe new tokens fast, dodge rug pulls with an 85% detection rate, and even copy the moves of top traders, all without leaving the chat app.
Gm. What we mf sniping today?
https://t.co/JbPtOJBChv— Snorter Token Customer Support (@SnorterTokenCS) June 14, 2025
In a market where meme coins like Pepe (PEPE) and Bonk (BONK) have delivered massive gains, being early makes all the difference. Snorter is designed to give retail traders that edge.
With its custom RPC infrastructure and MEV protection, it levels the playing field, helping users stay ahead of whales and bots and giving them a real shot at catching those explosive early rallies.
The SNORT token is what unlocks the bot’s full benefits. By holding SNORT, traders enjoy significantly lower fees, with execution costs dropping from 1.5% to an ultra-competitive 0.85%, making it more affordable than popular options like Banana Gun or Unibot.
With plans to expand to Ethereum, BNB Chain, and more, excitement around Snorter Token and its bot is building fast.
Crypto YouTuber Jacob Crypto Bury, with over 56.8K subscribers, believes SNORT could be the next breakout star, predicting it has the potential to surge 100x after its full launch.
Early investors can stake their tokens for a jaw-dropping 243% APY, though that number drops as more people pile in.
Currently priced at $0.0969, you can buy SNORT with SOL, ETH, USDT, or even a bank card at the project’s website.
With a price increase looming in under 3 days, the clock’s ticking. Act now to grab SNORT tokens at the best price.
Check out the Snorter Token website.
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