As of July 11, 2025, Solana has registered a notable 3.5% increase in the last 24 hours, with its price hovering around $163.76. This daily gain contributes to a more substantial upward trend seen since the start of July, with SOL climbing 11.74% this month alone. Over the past week, Solana has outperformed many of its altcoin counterparts, posting a respectable 7.4% gain and highlighting its current strength in the broader crypto market.
Solana's journey through 2025 has been marked by significant volatility. The cryptocurrency started the year with robust growth, seeing a 22.3% increase in January. However, the first quarter concluded with a notable 34.1% loss, primarily driven by dips of 36% in February and 15.7% in March. The second quarter, however, brought a resilient rebound, with gains of 18.6% in April and 6.11% in May, despite a minor setback of 1.08% in June.
The current rally in July is now under close observation. The key question for investors is whether this latest surge represents a short-term price spike or signifies the beginning of a more sustained upward trend that could propel SOL towards the coveted $185 target, building on its recent market outperformance and underlying ecosystem developments.