š $SOL Market Overview
Current Price: ~$163.04 USD
24h Change: +8.55%
24h Range: $149.81 ā $164.54 USD
Market Cap: ~$84.33 billion USD
24h Trading Volume: ~$6.17 billion USD
Circulating Supply: ~519.02 million SOL
All-Time High: ~$294.33 USD (January 2025)
š° Recent Developments
Institutional Investment: DeFi Development Corp. announced the purchase of 20,473 SOL, bringing its total holdings to 420,690 SOL, valued at approximately $61.9 million. This move underscores growing institutional confidence in Solana's long-term prospects.
Technical Indicators: Solana's price has broken above key resistance levels, with analysts noting a bullish crossover in the 9-day and 21-day moving averages. If momentum continues, SOL could target resistance levels at $190, $200, and potentially $210.
Market Sentiment: Analysts suggest that if Solana maintains its current momentum, it could test resistance levels around $180 to $200 in the near term.
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