SOL Surges 22% Weekly Amid MetaMask Integration and $1B Inflows Despite Short-Term Dip

Solana (SOL) is currently trading at $171.00 with a 24-hour trading volume exceeding $3 billion and a circulating supply of approximately 516 million SOL; the price has decreased by 3.28% in the past 24 hours after opening at $176.80, though it remains up over 22% for the week, reflecting strong recent gains and high liquidity. The recent price decline appears linked to profit-taking following a week of significant upward movement, despite positive developments such as MetaMask’s integration of the Solana network, large-scale capital inflows including a reported $1 billion raised to purchase SOL, and growing institutional interest with Standard Chartered Bank’s coverage and bullish long-term forecasts; these factors have driven recent momentum, but short-term volatility is likely influenced by technical resistance and market reactions to rapid gains.