Solana (SOL) is showing renewed strength after reclaiming key support at $97.52 while capital inflows into DeFi increase.
SOL Price Recovery and Key Support
SOL's price is recovering from a sharp decline that reached a bottom in early April. The chart shows strong buyer interest at $97.52, shaping the short-term outlook. Market analyst Crypto General indicated an expected resistance at $149.19, with a potential retest of $147.48 as short-term support.
Analysis Amid DeFi Growth
The analysis of the growth within Solana's ecosystem indicates that new capital is flowing into DeFi, pushing the Total Value Locked (TVL) to record levels near $14 billion in Q2 2025. According to market observer Gum, the increasing stablecoin adoption has contributed significantly to this trend.
Future Prospects for SOL
The outlook for future growth in SOL relies on maintaining support above $147. Current market conditions, combined with the surge in DeFi TVL, provide room for further price increases, targeting the key resistance at $288.51.
In the current context, Solana (SOL) exhibits considerable growth potential, supported by new capital inflows into the DeFi sector and the recovery of key price levels.
