$SOL
Analysis of Solana (SOL) Price – Wednesday, May 14, 2025
Current Price: $182.95
Change in 24 Hours: Increase of 6.84%
Today's Highest Price: $184.05
Today's Lowest Price: $171.32
Market Capitalization: $94.69 billion
Daily Trading Volume: $6.81 billion
Global Ranking: #6 among cryptocurrencies
Analytical Overview:
Solana continues to perform strongly, with the price increasing by 6.84% over the last 24 hours, reaching $182.95. This rise is driven by increased activity on the network and the expansion of DeFi projects built on Solana, with the total value locked (TVL) exceeding $10.9 billion.
From a technical perspective, the RSI indicator shows moderate bullish momentum at 60.4, and the MACD indicator displays a bullish crossover, supporting the likelihood of continued gains. There is strong resistance between $190 and $200, and if surpassed, levels of $220 to $240 are expected to be targeted.
Important Technical Levels:
First Support: $170.52
Second Support: $164.40
First Resistance: $190.00
Second Resistance: $200.00