$SOL Solana's current price is $151.19, with a 1.06% increase in the last 24 hours. Here's a breakdown of its market situation ¹:

- *Market Cap*: $78.23 billion

- *24-hour Volume*: $4.41 billion

- *Circulating Supply*: 517.43 million SOL

- *Total Supply*: 599.32 million SOL

Solana's price has been gaining momentum, driven by growing adoption and strong on-chain activity. Some notable developments include ² ³ ⁴:

- *Nearly 400 billion transactions*: Solana's network is close to reaching this milestone, showcasing its scalability and usage.

- *Institutional interest*: SOL Strategies secured a $500 million convertible note to buy more Solana, highlighting growing institutional confidence.

- *Partnerships and events*: Solana-powered shopping events, like "Onchain Holiday," and token extensions for confidential balances are enhancing user experiences.

Key price levels to watch ² ⁵:

- *Support*: $147.60

- *Resistance*: $152

- *Potential target*: $176, based on a short-term inverse head-and-shoulders pattern breakout

- *Long-term target*: $500, if adoption and volume trends continue

Overall, Solana's ecosystem is thriving, with increasing adoption, developer activity, and institutional investment.