$SOL

Here's a detailed analysis of Solana (SOL):

Current Price Performance

- Current Price: $148.44 (down 1.77% in the last 24 hours)

- Market Cap: $76.9 billion (ranking #6)

- 24-hour Trading Volume: $2.06 billion

- Circulating Supply: 518.07 million SOL

Technical Analysis

- Short-term momentum is strongly positive with RSI above 70, indicating increasing optimism among investors

- Medium-term trend is falling, signaling increasing pessimism among investors

- Support level: $140

- Resistance level: $151.73

Price Predictions

- Potential to hit $155 in the short-term, driven by impressive recovery strength

- Long-term forecast varies, with some analysts predicting growth and others warning of high volatility and regulatory risks

Market Sentiment

- Solana is gaining attention from institutional investors, but faces competition from other blockchains like Ethereum and Sui

- Recent news includes partnerships and potential ETF approvals, which could impact price performance ¹ ² ³

- Solana's dominance in the market is 2.63%, with a 24-hour volume of $1.55 billion

Key Statistics

- All-time High: $294.33 (January 19, 2025)

- All-time Low: $0.5052 (May 11, 2020)

- Total Supply: 599.91 million SOL

- Max Supply: Not available