Solana ( $SOL ) is priced at approximately $203.26,, down 2.92% in the last 24 hours, with a market cap of $109.99 billion, ranking it #6 among cryptocurrencies. Despite a 1.7% weekly decline, $SOL has gained 24.65% over the past month and 59.62% year-over-year, though it remains 29.2% below its all-time high of $294.85.
Technical indicators, including an RSI of 58.67–63.56 and trading above key moving averages, suggest a neutral-to-bullish trend. Support levels are at $188–$206, with resistance at $205–$210. Short-term forecasts for September predict a range of $195–$220, with potential to hit $240 if resistance breaks.
By year-end, analysts project prices between $236 and $452.63, driven by ecosystem growth, ETF speculation, and upgrades like Alpenglow. However, network stability issues, regulatory risks, and competition could limit gains. Investors should research thoroughly due to crypto’s volatility.
