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May 21, 2025

Solana SOL Faces Resistance at $165 After Recent Rally

Solana’s current trading price stands at $165.80 following a recent rally. However, this upward momentum faces technical resistance, particularly with the recent announcement of Galaxy Digital’s new partnership potentially acting as a catalyst for a breakout.

This partnership indicates strong institutional interest in Solana, underscoring the growing recognition of its capabilities. Investors are advised to remain vigilant as price action unfolds, as a successful breakout could pave the way for further advancements.

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