As of February 18, 2025, $SOL is trading at $167.15, reflecting a 9.46% decrease from the previous close. The intraday high is $184.61, and the intraday low is $164.21.

Recent developments have impacted Solana's market performance:

Market Volatility: Solana has experienced a 45% decline in value over the past month, attributed to broader cryptocurrency market pressures.

Investor Behavior: On-chain data indicates that major SOL holders are moving large amounts off exchanges, suggesting a potential selloff.

Memecoin Scandals: The rise of memecoins has led to increased short positions in Solana, reflecting growing bearish sentiment.

For those interested in trading $SOL on Binance, the platform offers a user-friendly interface with various order types, including market and limit orders. To get started, create an account, deposit funds, navigate to the trading interface, and select the desired $SOL trading pair.

Please note that cryptocurrency markets are highly volatile. It's essential to conduct thorough research and consider your risk tolerance before trading.