$SOL

Solana Currency

The current price is approximately $172.18, with a daily fluctuation between $163.47 – $173.47.

Recently, the currency has recovered from levels of $165, showing upward momentum exceeding 18% over five trading days.

Support and Resistance

Strong support at $160–168, with positive bounces from these areas.

Initial resistance at $175, and a stable break above this level could push the price towards $180–192, and possibly extend to $198.

Technical Signals

A decrease of about 10% in SOL balances on exchanges, reducing selling pressure and considered a positive indicator.

The emergence of what is known as a Golden Crossover between the moving averages (100 vs 200 days) on August 7, 2025; a strong technical signal for a potential rise towards $176 and beyond.