$SOL Solana's current price is around $177.69-$181.47, with a 24-hour trading volume of $5.55-$11.36 billion. Here's a breakdown of the current market situation:

Market Cap:

$95.82-$99.89 billion, ranking it #6 among all cryptocurrencies

24-hour Price Range:

$174.13-$179.36 (low to high)

Price Change:

Up 1.82%-3.94% in the last 24 hours

Circulating Supply:

538-540 million SOL

Total Supply:

588-607 million SOL

Some notable developments include:

Institutional Adoption: Growing interest from institutional investors, with companies like Bit Mining buying 27,191 SOL for $4.9 million

Solana ETFs: Rex-Osprey Solana + Staking ETF has opened for trading, and there's speculation about BlackRock launching a SOL ETF

Network Performance:

Solana's DeFi ecosystem has seen significant growth, with Total Value Locked (TVL) soaring 64% to $8.6 billion in Q4 2024

Price predictions for Solana vary among analysts, with some predicting a rise to $165.55 by October 2024, while others anticipate a range between $169.14 and $366.90 in August 2025.#solana