#sol performance and trends for Solana (SOL) as of February 3, 2026:
Price Action & Volatility:
- Current trading range: $102–$105, with volatility showing a 24-hour price range of $96 to $105.
- 24-hour performance varies between a +0.57% increase and a -1.77% decrease.
- Significant 30-day decline of over 20%.
Performance Metrics:
- 1-week performance shows a decline between 8% and 17%.
Market Context:
- The price is consolidating in a neutral-to-bearish range.
- Struggling to break above key resistance levels.
Network Health:
- Concerns are growing due to a decrease in validator counts, which may affect network decentralization sentiment.
Market Cap & Trading Volume:
- Market cap is approximately $58 billion.
- Trading volume ranges from $7.8 billion to $7.9 billion.
Note:
- Cryptocurrency prices and metrics are highly volatile and can change rapidly.
This situation reflects ongoing challenges and shifts in Solana's market and network status, emphasizing the importance of monitoring further developments.
#MarketCorrection #SolanaStrong
