Solana (SOL) has demonstrated a significant rebound, rallying from $147.99 to $161.21 over four days ending June 10, 2025, marking a 9% price increase. This upswing reverses the near 2% decline observed during the previous 30 days amid volatile macroeconomic conditions and a challenging altcoin market.
The recovery followed a flash crash last week that drove SOL down to $141, shaking out overleveraged traders and highlighting liquidity issues. Since then, the coin has outperformed most large-cap assets, supported by increased daily trading volumes and renewed demand on spot markets.
This resurgence coincides with improving market sentiment influenced by the renewed trade talks between the United States and China, announced on June 9. The de-escalation of tension between these two major economies has bolstered risk asset confidence, which is reflected in SOL’s price momentum and Bitcoin's rally above $109,000.
Additionally, Solana's price action shows technical strength through patterns of higher lows and the establishment of strong support levels around $152. While the $160-$165 zone has been a recurring resistance level, the recent breakout attempts suggest growing market confidence, though broader market follow-through is necessary for sustained gains.
Looking forward, Solana’s continued upside may depend on further macroeconomic developments, positive news within the Solana ecosystem, or increased institutional interest. Notably, some institutions project ambitious price targets for SOL ranging between $420 and $620 in 2026.