#sol
Solana's current price is around $146.74, with a 0.99% decrease in the last 24 hours. The market capitalization stands at $75.96 billion, and the 24-hour trading volume is approximately $2.89 billion.
*Key Statistics:*
- *Current Price*: $146.74
- *Market Capitalization*: $75.96 billion
- *24-hour Trading Volume*: $2.89 billion
- *All-time High*: $294.33 (January 19, 2025)
- *Circulating Supply*: 517.66 million SOL
*Price Analysis:*
Solana's price has shown signs of recovery, climbing 5.87% to reach $138 in the last 24 hours. However, it faces resistance at $140, and breaking above this threshold could signal a shift toward more positive market sentiment. Some analysts predict SOL could reach $325.10 within the next year, driven by growing adoption and scalability ¹ ².
*Future Projections:*
- *Short-term*: Solana needs to break past $140 resistance level with sustained trading volume.
- *Long-term*: Predictions suggest SOL could reach $781.92 as the blockchain ecosystem evolves ³ ¹.
*Market Sentiment:*
The Relative Strength Index (RSI) stands at 67, indicating neutral territory. Trading volume has surged dramatically, jumping 130.42% to reach $3.33 billion. Open interest in SOL futures has reached an all-time high of $6.48 billion, signaling bullish momentum ⁴ ¹.$SOL