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Solana Price Prediction: SOL’s $300 Ambitions in May Curtailed by Newcomer Eating Up Its Retail Demand

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Solana Price Prediction: SOL's $300 Ambitions in May Curtailed by Newcomer Eating Up Its Retail Demand

In May 2025, the market for cryptocurrency saw Solana (SOL) working towards hitting a price of $300. Still, with the arrival of Salamanca (DON), a new meme coin, retail interest has turned elsewhere. Salamanca’s rapid growth is affecting how retail demand changes. On the BSC, Salamanca is considered the most outstanding meme coin.

Solana’s Current Price Struggles

Although Solana started the year energized, it did not succeed in passing the $300 mark. Resistance is being shown by the price because the competition in crypto spaces has grown. The higher throughput and rising popularity of DeFi within the crypto market have not been enough to stop retail traders from moving their funds elsewhere.

Data from the blockchain suggests the SOL network is still active, but retail interest is currently lower than it was in the past few months. This trend is happening, at least in part, because new businesses are giving strong marketing and bringing cultural value, pulling modest investors away from SOL.

Salamanca (DON) Gains Ground as Meme Coin Leader

Salamanca (DON) is a new meme coin inspired by the famous Salamanca cartel family from Breaking Bad and Better Call Saul. With Binance Smart Chain underpinning the platform, DON aims to serve as a token that is formed by the community and has real consequences in the market. It recently launched on top exchanges, including Gate.io and MEXC, trading alongside Pancakeswap.

The adoption of $DON is speeding up, since its daily traded amount regularly exceeds $20 million. The design of the token is built around pop culture, anime, and cartel style, which has drawn in many fans. This cultural fusion drives high social media engagement and viral growth among diverse crypto audiences.

Upcoming Developments and Market Outlook for $DON

Salamanca should grow even more now that a Binance listing is imminent. Experts estimate a potential 2000% rise in price over the current level, thanks to increasing trading and the community’s support. While other BSC meme coins are being launched, $DON’s rapid growth and significant presence have set it apart in 2025.

Source: CoinMarketCap

Salamanca (DON) trades at $0.001054 with a 1.75% increase in the last 24 hours. The market cap stands at $1.03 million. Trading volume reached $3.53 million, up 2.57%, showing strong market activity. The fully diluted valuation is $1.05 million. The token maintains a total and max supply of 1 billion DON.

The project suggests upcoming ecosystem developments that may strengthen its place in the market. Because of its theme and regular trading on major exchanges, Salamanca is different from most meme coins. This foundation suggests that $DON is uniquely positioned for sustained momentum in the competitive meme coin market.

Conclusion

Due to Salamanca’s growth, a lot of retail interest has shifted away from Solana in recent times. However, SOL continues to play a major role because of its strong technology. Due to its community base and beginnings on Binance Smart Chain, Salamanca is poised to compete for the lead among meme coins in 2025.

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