$SOL Current Price: Solana's current price is $176.07 USD, with a 24-hour trading volume of $7,315,113,759 USD. It's down 4.10% in the last 24 hours.
Market Cap: Solana's market capitalization is around $94.99 billion, ranking it #6 on CoinMarketCap.
Recent News:
Pump.fun Regains Top Spot:
Solana-based memecoin launchpad Pump.fun has regained its top spot on Solana, with its token PUMP surging 10% recently.
New BONK Treasury Proposal:
A new treasury proposal targets up to $115 million in Solana meme coin BONK by year-end, potentially driving growth in the Solana ecosystem.
Solana Mobile Shipments:
Solana Mobile has begun shipping its Seeker smartphones to users in over 50 countries, marking a significant milestone for the company's web3 device rollout.
Institutional Investment:
Public companies are increasingly building strategic reserves in digital assets like Solana, potentially paving the way for more institutional investment in crypto.
Price Predictions:
Short-term:
Analysts predict Solana could reach $190-$220 in the short term, driven by reduced long-term holder sell-offs and bullish derivatives sentiment.
Long-term:
Some experts forecast Solana's price could reach $1,315 in the long term, although this depends on various market and economic factors.