🟣 Solana Dominance Steadies at 2.56% While Price Consolidates Near $178 Support
Solana’s market dominance has rebounded from the 2.1%–2.4% demand block after several months of testing this zone. Current dominance stands at 2.56%, reflecting a recent recovery from lower levels. This movement occurs as Solana’s price trades at $179.18, recording a 2.89% decline in the last 24 hours. Despite the pullback, dominance trends show potential strength if the 3% threshold is reclaimed, which previously acted as a pivotal level.
The connection between dominance and price remains notable. Solana’s market cap now sits at $96.42 billion after a 3.03% daily decline, while 24-hour trading volume has dropped by 22.93% to $5.05 billion. This volume decrease follows a broader market slowdown, but Solana’s ability to hold near critical dominance levels introduces an important technical observation.
🔸 Key Support and Resistance Levels in Focus
Support remains concentrated near $178.77, a level that has been tested repeatedly in recent sessions. The proximity of this support to current price levels creates a tightly defined range for traders. Resistance is currently positioned at $184.70, establishing the upper boundary Solana must surpass to regain stronger upside momentum.
Notably, the demand zone for dominance between 2.1% and 2.4% continues to act as a foundation. This range has contained multiple retests since early 2025. A sustained rebound from this zone could position Solana to test the 3% dominance mark, which has historically preceded extended moves.
The correlation between dominance and price further aligns with these levels. While price has softened, dominance remains stable, suggesting the market is holding relative strength in this metric despite declining spot prices.
