@kentds
Solana's DeFi ecosystem has experienced significant growth, with Total Value Locked (TVL) increasing from $6.1 billion to $7.65 billion between April 9 and May 6, 2025. This surge reflects heightened liquidity and user engagement. SOL is currently consolidating around $135, with support at $130 and resistance at $150. In the short term, SOL is anticipated to trade within the $130 to $150 range. A break above $150 could lead to a rally toward $174, while a fall below $130 might see it test $120.
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