$SOL 's price has been on a downward trend, with a 7-day change of -8.66% and a current price of around $129.38. The cryptocurrency has seen significant selling pressure, with a 30-day change of -33.19% and a 52-week high of $295.40.¹ ²
*Key Statistics:*
- *Current Price:* $129.38
- *Market Cap:* $72.34 billion
- *24-hour Trading Volume:* $7.77 billion
- *Circulating Supply:* 559.13 million SOL
The Solana ecosystem has seen some positive developments, with institutional interest and inflows into Solana-linked investment products. However, the broader market correction has impacted Solana's price, with analysts predicting potential support levels around $125 [5yK5][4ihA].
*Technical Analysis:*
Solana's price is hovering near key moving averages, with the 50-day EMA at $173 and the 200-day EMA at $180. The MACD indicator shows signs of improving, but the RSI at 38 suggests subdued momentum [4ihA].
SOL
104.23
+2.75%