SOL USD has held position over the weekend, and as a new week opens $150 is firm support – but how high can SOL go before the upcoming FOMC, and what are the best Solana crypto to buy in the meantime?
Solana price (SOL USD) continues to hold above $150 despite the recent sell-off. The daily chart for SOL shows price consolidating below the 200-day simple moving average (currently near $179) after a failed breakout attempt in May.
Key support is forming around the $150–157 zone, which previously acted as resistance and consolidation during 2023.
If this level breaks, Solana’s next major support lies at $118.76, a level tested during the March low. On the upside, reclaiming $155 and flipping the 200-day SMA into support could open a path toward $187-190, where heavy resistance from January 2024 remains.
(SOLUSDT)
So far, the chart suggests sideways consolidation, with the broader trend hinging on whether bulls can defend $150-$155 and push back toward the long-term moving average. For now, traders may want to wait for confirmation above $155-160 before anticipating a sustained move.
Why Solaxy Could Be the Best Solana Crypto This Month
One of the standout projects on Solana right now is Solaxy (SOLX), a Layer-2 scaling solution built to increase throughput and reduce fees. SOLX recently completed a successful presale round, raising over $43 million, and is positioning itself as a modular rollup layer that rivals Ethereum L2s in speed and cost-efficiency.
The SOLX network introduces a new approach to validator coordination, zero-knowledge proofs, and Ethereum-Solana bridging. This makes it attractive not only to developers but also to traders and protocols seeking faster, cheaper transactions.
Solaxy employs rollup technology to process transactions off-chain before settling them on the Solana mainnet. This approach significantly reduces network congestion and transaction failures. A recently launched feature allows users to create and launch their own tokens directly on Solaxy’s Layer-2 blockchain, fostering innovation and community engagement.
The project boasts a growing community, with over 75,000 followers on X (formerly Twitter) and 13,000+ members on Telegram, reflecting its increasing popularity and investor confidence. As Solaxy approaches its first decentralized exchange (DEX) listing, scheduled for June 16, 2025, it presents a compelling opportunity for investors seeking exposure to innovative Layer-2 solutions within the Solana ecosystem.
As Ethereum L2 projects like Arbitrum and Optimism face saturation and bottlenecks, analysts are starting to shift their attention to Solana-based alternatives. SOLX is one of the top contenders thanks to its hybrid architecture and backing by both retail and whale investors. For those looking to gain early exposure to the next phase of Solana’s growth, SOLX remains a leading candidate.
Snorter Bot: A Trading Assistant Built for the Next Meme Season
Another project gaining traction is Snorter Bot, a Telegram-based trading assistant built for the ultra-fast pace of on-chain markets. Initially focused on Solana, the bot integrates trading directly into Telegram, allowing users to spot, snipe, and manage meme-coin trades without switching between DEXs and wallets. What are the key features?
- Automated launch sniping using token or pool IDs
- Limit orders and dynamic stop-loss
- Copy-trading top wallets
- Rug-pull detection via on-chain rules engine
- MEV-resistant routing, 0.85% fee (lowest on Solana)
- Portfolio dashboard directly in Telegram
Holding the SNORT token unlocks premium access, including the lowest trading fees, unlimited sniping, staking rewards (currently with an 867% APY), and community competitions.
Tokens can be purchased using SOL, ETH, USDT, USDC, or debit/credit cards, with a 14-day EU retail refund option. The current presale price is around $0.00939 per token, with incremental increases as each stage progresses.
Once the governance module goes live, SNORT will allow holders to vote on bot upgrades, new blockchain support, and treasury spend. Ethereum and BNB Chain integrations are already in development, further expanding the bot’s reach beyond Solana.
Solana consolidates near key technical support while new ecosystem projects show strong momentum. SOLX is leading the infrastructure charge as a next-gen Layer-2, while Snorter Bot offers a much-needed edge for traders during meme season.
For those seeking the best Solana crypto picks for June 2025, SOLX and SNORT combine strong fundamentals, real-world utility, and early entry potential.
Key Takeaways
- Solana Holds Key Support: SOL is consolidating above $150 despite a failed breakout, with resistance near the 200-day SMA and support at $155 still holding.
- Solaxy (SOLX) Leads Infrastructure Growth: In the meantime, SOLX is the Best Solana Crypto pick for Layer-2 scalability, with rollup tech, token creation tools, and over $43 million raised. Could Solaxy be the booster Solana ecosystem needs?
- Snorter Bot Powers Meme Coin Trading: As a Telegram-native bot, Snorter offers sniping, copy-trading, and MEV protection. All unlockable via SNORT token during its ongoing presale.
- Best Solana Crypto Picks for June: SOLX and SNORT stand out for early entry, and strong momentum as Solana builds through market consolidation.
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