Analysis of Solana prices today (July 23, 2025)

The current price of Solana ($SOL ) is $197.08, the price has dropped by -1.44% in the last 24 hours. Currently, SOL is available on 58 exchanges, and in the last 24 hours, 40,561,121 SOL coins have been exchanged, equivalent to a trading volume of $7,993,652,498.

Today, Solana (SOL) opened at $205.72. This is -4.20% lower than the opening price. Compared to the maximum price over the last 30 and 7 days, its value has decreased by -0.69%, while compared to the minimum recorded price over the same period, it has increased by 55.48% and 24.99%.

According to our analysis, SOL needs to stay above $189.33 to potentially reach the first important resistance level at $204.42. A breakout above $204.42 could lead to SOL rising to the next resistance level at $222.66. The third resistance is at $234.49.

If the price drops, the first support level to watch will be $189.33. If this level does not hold, further decline to the next support level at $179.34 may occur.

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