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Solana (SOL) Jumps 6% as DeFi Frenzy Fuels Bullish Reversal—$180 in Sight

Solana (SOL) Jumps 6% as DeFi Frenzy Fuels Bullish Reversal—$180 in Sight

Author:
CoindeskEN
Published:
2025-05-20 10:05:58
15
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Solana (SOL) Surges 6% on Bullish Reversal and DeFi Activity Toward $180

Solana’s SOL token defies the crypto winter with a sharp 6% surge—DeFi activity spikes as traders pile into what might be the only blockchain that actually works. (Take notes, Ethereum.)

The rally comes amid a broader market uptick, but SOL’s outperformance hints at something bigger: developers are finally building real things, not just JPEG casinos. Will this push it past $180? The charts say yes—assuming the network doesn’t crash again.

Bonus cynicism: Wall Street still thinks ’DeFi’ stands for ’Delusional Financial Instruments.’

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