Solana Price Analysis for Today (January 22, 2025)

The current price of Solana ($SOL) is $253.81 , up +6.86% in the last 24 hours. SOL is currently listed on 56 exchanges , with 29,893,844 SOL coins traded in the last 24 hours, representing $7,587,490,943 in trading volume.

Solana (SOL) opened today at $249.97. This is up 1.54% from its opening price. Despite rallying to $259.36, Solana (SOL) has encountered resistance and has failed to maintain its momentum higher. It is down -13.92% from its 30-day and 7-day highs, while it is up 48.82% from its 30-day and 7-day lows . According to our analysis, SOL needs to remain above $242.69 to potentially move towards the first major resistance level at $263.78. A break above $263.78 could see SOL rally towards the next resistance level at $294.87. If the price falls, the first support level to watch is $242.69. If this level fails to hold, further decline towards the next support level at $234.49 is possible.