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May 7, 2025

Solana Soars 2% Ahead of FOMC Meeting as Bullish Sentiment Peaks

Solana (SOL) has seen a remarkable 2% increase in the last 24 hours, benefiting from the wider market’s optimism as the Federal Open Market Committee (FOMC) meeting approaches. Currently, this leading Layer-1 cryptocurrency trades at $147.83. Investors seem confident, driving up bullish bets to a monthly high. This surge in interest reflects a strong positive sentiment among traders regarding Solana’s potential. With its robust ecosystem and growing DeFi initiatives, Solana continues to capture investor attention. As anticipation builds for potential macroeconomic shifts following the FOMC meeting, many speculate that Solana could further increase its value. Traders should monitor upcoming news as market dynamics unfold.

![Solana Image](https://images.financialmodelingprep.com/news/solana-sol-climbs-ahead-of-fomc-bullish-bets-reach-20250507.jpg)

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