$SOL
Overview of the price of $SOL:
* Current price: around $133.
* Price volatility: Notable fluctuations have been observed over the past few weeks.
* Recent performance: Over the past seven days, the price has risen by approximately 14.42%.
Forecasts and technical analysis:
* Short-term outlook: Some analyses suggest a slight decrease in price in the short term.
* Support and resistance levels:
* Support levels: around $125 and $116.
* Resistance levels: around $135-137, potentially reaching $145-150 if the first resistance is surpassed.
* Technical indicators:
* The Relative Strength Index (RSI) indicates overbought conditions at times, which may imply the possibility of a correction.
* Short-term moving averages indicate strong bullish momentum.
* Expert forecasts: Price predictions for $SOL in 2025 vary widely, with some experts estimating an average price of up to $515, while others see a price range between $122 and $490.
Latest news:
* Revenue decline: Solana experienced a significant drop in monthly revenue of 80% in March 2025, mainly attributed to a slowdown in activity in key decentralized applications (DApps) built on Solana.
* Mixed forecasts: Analysts remain divided on whether the price will see further declines or if it has already begun to form a bottom.
* Launch of futures on CME: The launch of Solana futures on the CME Group is expected in March 2025, targeting institutional and retail traders.
* Institutional interest: There remains increasing interest from institutional investors in Solana.