Solana (SOL) is currently hovering between $125 and $160, with a recent 7-day decline of approximately 1.7%-10%. The 24-hour fluctuation is between $122 and $127, showing weak momentum but gradually increasing buyer interest. The key support level is at $125. Technical analysis indicates that SOL has maintained support multiple times at $124-$140, with resistance at $150-$160. If it breaks through, it could challenge a short-term target of $168. Market sentiment is 'extremely fearful,' which may signal a reversal. The third quarter ecosystem shows a dual aspect: Meme tokens are declining, but TVL has increased by 26%, and the supply of stablecoins has tripled. Technical upgrades are advancing, including three key updates for Jupiter DEX, high-frequency trading, and institutional inflows. Experts predict price divergence for 2025: a minimum of $113-$131, an average of $126-$292, a maximum of $178-$400, with optimists seeing $220-$750, and even breaking $1000 in the long term; institutional ETF assets exceed $75 million, with expected inflows of $3-6 billion, driving a bullish trend. Solana remains the sixth-largest cryptocurrency with a market capitalization of $89 billion, showing strong fundamentals and expanding Web3 ecosystem, making it worth considering as part of an investment portfolio.
SOLUSDT
Perp
123.22
-0.37%
SUIUSDT
Perp
1.4253
-0.15%
ETHUSDT
Perp
2,960.62
+0.22%
