Solana shows its first signs of rejection after a strong run. The price action suggests a possible retest near $200 to $205 if the trendline holds, with resistance around $240 to $245.
In the short term, there may be some profit-taking, but Solana remains inside an ascending channel that keeps the bigger bullish structure intact.
DeFi activity is expanding as institutional interest grows, which keeps Solana on many top crypto to buy now and fastest growing crypto 2025 lists.
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