TLDR:
- Sol Price shows a mild rebound despite the fact that SOL trading under important moving averages.
- Maple Finance expands to Solana and launches syrupusd via ChainLink CCIP with $ 30 million in the first liquidity.
- Solanas Defi TVL grows to $ 8.4B, driven by rising platform activity and new lending protocols.
- Traders Eye $ 142 Support as sun is approaching everywhere levels; Rumors of a $ 1B token launch Spark Warning.
Solana (sun) Have seen a mild rebound on the daily chart and offer a temporary break to the latest losses. This technical price measure appeared shortly after Maple Finance announced its extension to Solana -blockchain, which contributed to increased investors’ interest despite ongoing market printing.
Solanas defi tvl grows while sun is facing short -term pressure
Soana has seen growth in its decentralized economic ecosystem. Based on data from FrillSolana’s TVL rose from $ 1.4 billion in December 2023 to $ 8.4 billion from June 5, 2025.
The ecosystem now contains a growing number of lending platforms such as Save, Margin.fi, Rain.fi and Port Finance. Maples arrival is expected to add the competitive defi landscape.
Despite this growth, Solana’s native token, sun, has met downward market printing during the week. According to Cooiken -data, sun is traded at $ 149.20, which shows a decrease of 7.23% over the past week but a 1.85% recovery over the past day.
Sun is traded during both 50-day ($ 159.98) and 200-day ($ 178.43) simple moving average values. These indicators suggest baisse -like market moments in the short term.
Technical indicators reflect a cautious atmosphere. RSI has dropped to 38.41, which is close to the over -sold zone.
MACD also remains in a baisse -like installation, with the signal line that crosses above the MACD line. This structure is reinforced by a red histogram, indicating continued downward speed in Price measure.
Maple Finance provides syrupusd to Solana through Chainlink Ccip
Maple Finance, a blockchain-based lending platform, Has officially launched on the Solaana network. The move introduces its return -bearing Stablecoin, syrupusd, to Solana’s decentralized economic ecosystem.
According to the blog on June 5, SyrupusD will initially be distributed on Kamino and ORCA, two of Solana’s best defi protocol. Stablecoin was previously only available at Ethereum.
Integration uses Chainlinks Cross-Chain Interoperability Protocol (CCIP), which went live on Solana Mainnet On May 19th. This technology allows data and asset transfers between Ethereum Virtual Machine (EVM) and Solana Virtual Machine (SVM) network.
Maple starts its solara deployment with $ 30 million in liquidity, which it says will support lending and trading in the new network.
Sid Powell, Maples CEO, said: “Expanding to Solana unlocks a high -speed environment with high capacity where Maples products can reach a wider class of users.” Enlargement is part of Maples strategy for increasing access to institutions and active defi participants.
From now on, Maple holds $ 1.3 billion in total value raised (TVL), According to data.
Sun price risks remain when traders monitor key support levels
Solana’s latest trend has taken the close important technical support levels. The price finds support for $ 142.44, which corresponds to 0.5 Fibonacci retracing level.
If this level breaks down, the next support sits around $ 131.72, with a deeper drop that potentially extends to $ 116. These levels are crucial for traders in the current market setting.
Volume Profile Fast Range (VPFR) data shows a large liquidity zone between $ 131 and $ 123. This may absorb the sales pressure if the current support is broken.
At the same time, 12-hour RSI suggests that while sellers remain dominant, the momentum may disappear. Analysts have noted that many long positions were liquidated, which may have accelerated the latest correction.
According to the data on the chain from Glass nodeSoana recorded her third highest coin days destroyed (CDD) Metric. This means that long resting wallets have begun to move their holdings. Analysts interpret this as a sign of either profit or portfolio changes.
This behavior adds uncertainty to the short -term prospects for SoL.