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Cryptocurrency News Articles

Sol (SOL) Remains Strong at Around $183-$185, Rallying 92%

May 21, 2025 at 12:53 am

Solana (SOL) remains strong at around $183-$185, rallying 92% from its yearly low of $95.16.

Sol (SOL) Remains Strong at Around $183-$185, Rallying 92%

Solana (SOL) price remains strong at around $183-$185, having rallied 92% from its yearly low of $95.16. Interest in Solana is being driven by several factors, including the token's scalability, the explosive growth of decentralized finance (DeFi) on the network, and increased activity from developers and institutional capital.

Last week, DeFi Development Corp. increased its holdings in SOL by $23.6 million, further bolstering market confidence in the token.

Solana's DEXs report a trading volume of over $22 billion, while the open interest in futures has risen by over 11%. If SOL manages to break above $185 with confirmation, we might see a move towards $200, and potentially $230-$261 in the coming weeks. However, it's important to note that the RSI is already in overbought territory, and there's a chance of further price decreases if we consider the recent unstaking of $33 million in SOL from FTX-linked wallets.

On the other hand, despite this weekend's potential slump, the XRP price has grown by 20% in the last week, hitting $2.57. The critical resistance level still rests at $2.69, a level that has previously shut out many bullish signals since March. A breakout above this level may pave the way towards $3.00-$3.40.

This rally follows some significant legal wins, including the resolution of the SEC case in May 2025, showing that XRP is not a security. The move has also been driven by rumors about the BlackRock XRP ETF. South Korean volume reports a strong upward movement, and we're seeing clear signs of whale accumulation, with 30 million XRP being transferred to Coinbase in the last few days.

Taking everything into account, XRP can be one of the best top performers of cryptocurrencies by 2025.

The cryptocurrency market is heating up quickly, with new tokens emerging and grabbing attention. Among the fastest-moving meme coins in BSC since its launch is Salamanca (DON), which has quickly hit the top 5 on CoinGecko.

Within a few days, $DON spiked to all-time highs of $0.00533. However, the current prices are as low as $0.0020-$0.0021. Already early investors have experienced several 2x-5x wins and now the broader market sees a 2000% opportunity from its current standing.

The token is listed on Gate.io, MEXC, and PancakeSwap, which attracts funds from both centralized and decentralized pools. Gate.io, in the world's top 3 exchanges regarding volume, gives $DON global exposure, while BSC will maintain low fees and quick transactions.

The next big target? Binance. With robust community pressure and an expanding trading volume, a listing on Binance would be a stamp of approval for $DON's growth and a possible catalyst for another drop in price.

Crypto Billionaire Who Bought Solana at $1 and XRP at $0.003 Backs Salamanca (DON)

A crypto billionaire, who is famous for buying Solana at $1 and XRP at $0.003, has now placed his bet on $DON, calling it the next breakout meme coin of this cycle. His track record of early entries adds serious weight to $DON's momentum.

As traders look for the next 10x to 20x opportunity, $DON is now in focus—with its price still in the $0.0020 zone and upside potential pointing to $0.04-$0.05, a 2000% gain from current levels if momentum continues.

For more information, about Salamanca (DON) visit:

Website: https://salamanca.club/

Twitter/X: https://x.com/salamanca_token

Telegram: https://t.me/salamancatoken

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Other articles published on Jun 13, 2025