$SOL $SOLV (SOL) is trading at approximately $175.30 USD on Binance, reflecting a 5.6% decline over the past 24 hours.

Market Overview:

24-Hour Trading Volume: $6.24 billion

Market Capitalization: $91.38 billion

Circulating Supply: 520.16 million SOL

Technical Analysis:

Recent analyses indicate that SOL is approaching a key resistance zone between $180 and $184. A breakout above this range could signal a bullish trend, while failure to surpass this level might lead to further consolidation.

Ecosystem Developments:

Solana's decentralized exchange (DEX) trading volume has seen significant growth, reaching $45.71 billion in the past 24 hours, surpassing other