Current Price: $192.96
24h Change: -3.60%
24h High / Low: $209.86 / $186.68
Volume (24h): 8.81M SOL ($1.76B USDT)
Recent Market Performance
Solana (SOL) recently touched a 24-hour high of $209.86 before facing selling pressure and pulling back to the current level around $192.96. Despite today’s dip, SOL has shown strong growth over the past week (+14.85%) and month (+18.41%), outperforming many other top-layer blockchains.
Technical Analysis
Moving Averages (MA):
MA(7): $185.78 – Price remains above this level, signaling short-term bullishness.
MA(25): $180.37 – Also below the current price, confirming mid-term upward momentum.
MA(99): $164.83 – Long-term trend still bullish as SOL trades significantly higher.
Support Levels:
$186.61 – Key short-term support.
$173.50 – Stronger medium-term base.
Resistance Levels:
$199.72 – Immediate resistance.
$209.86 – Recent high; a breakout above could open the door to $212.83 and beyond.
Volume Analysis:
Increasing volume in recent days suggests strong participation from buyers, but the current pullback shows profit-taking after a steep rally.
Market Sentiment
Despite the daily drop, long-term sentiment remains positive. Over the last year, SOL has gained +32.06%, driven by Solana’s growing role in DeFi, NFTs, and Web3 development. Short-term traders should be cautious of volatility, but long-term holders may see this dip as a buying opportunity.
Short-Term Prediction (Next 7–10 Days)
If SOL holds above $186.61, it could rebound toward $200–$210. A break below $186 could trigger a retest of $173.
Prediction Range: $173 – $210
Long-Term Outlook (2025)
With increasing adoption of Solana’s high-speed blockchain and ongoing ecosystem growth, SOL could target $250+ before the end of 2025—provided $BTC Bitcoin maintains a bullish macro trend and the broader crypto market avoids major downturns.
⚠ Disclaimer: This analysis is for informational purposes only and is not financial advice. Always do your own research before making investment decisions.