$SOL

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📈 Solana (SOL) Market Update – May 15, 2025

🔹 Current Price Snapshot

Price: $170.40

24-Hour Change: ▼ -4.69%

24-Hour Range: $169.22 – $178.78

Market Cap: Approximately $89.3 Billion

24-Hour Trading Volume: ~$4.9 Billion

Circulating Supply: ~520 Million SOL

All-Time High: $294.85 (January 2025)


📊 Recent Performance

Solana has experienced a 5% surge in the past 24 hours, climbing from $172.53 to $181.39, amid strong volume support and growing DeFi metrics. The total value locked (TVL) in Solana's DeFi ecosystem has increased from $7.5 billion to $9.6 billion in May, driving investor confidence.

🔮 2-Day Price Forecast

📅 May 16, 2025

Predicted Range: $168.00 – $173.00

Market Sentiment: Neutral

Key Resistance: $175.00

Key Support: $167.00


📅 May 17, 2025

Predicted Range: $173.00 – $178.00

Market Sentiment: Bullish

Key Resistance: $180.00

Key Support: $170.00

Note: These predictions are based on current market trends and are subject to change with market dynamics.

📈 Technical Indicators

Relative Strength Index (14-day): 65 (approaching overbought territory)

Moving Average Convergence Divergence (MACD): Bullish crossover in progress

Bollinger Bands: Narrowing, indicating potential for increased volatility

✅ Summary

Solana is currently trading at $170.40, reflecting a slight decrease of 4.69% over the past 24 hours. The market capitalization stands at approximately $89.3 billion, with a 24-hour trading volume of $4.9 billion. The short-term outlook remains neutral to slightly bullish, with potential for modest gains. Investors should remain cautious of market volatility and regulatory developments.

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