The Latest Solana (SOL) price has shown significant movement over the past week. In this article, we'll examine its current price, 7-day performance, and the market factors shaping SOL's trend.[1][7]

Solana (SOL) Current Price Today

As of the latest data, Solana is trading at $125.73, with a 24-hour change of approximately 0.1%. Its market capitalisation is $70.70 billion, ranking it amongst the top cryptocurrencies.[1][7]

Solana 7-Day Price Performance

In the last 7 days, SOL moved from around $138 to $125.73, reflecting a -10% decline. This trend indicates high volatility with heavy selling pressure.[1][6]

Solana Price Chart and Trend Analysis

According to the 7-day price chart, SOL has experienced downtrend and consolidation. Analysts note that this mirrors broader crypto market caution following U.S. CPI data.[1][2]

Why is SOL Price Moving?

The key drivers behind SOL's recent price trend include:

  • Market sentiment: Cautious trading after a roller-coaster period, with SOL in a tight $117.3–$128.8 band amid profit-taking.[1][2]
  • On-chain activity: Solid fundamentals and activity persist despite weaker momentum indicators, supported by Solana's high-throughput design via Proof-of-History (PoH).[5]
  • Broader crypto market: Correlation with overall market dips, including responses to inflation data, whilst institutional interest provides some support.[1][6]

Historical Price Context for Solana

Solana reached an all-time high (ATH) of approximately $260 in prior cycles and an all-time low (ATL) of around $100 during major downturns. Comparing its historical extremes with the recent 7-day trend helps put SOL's volatility into perspective.[5]

Solana Price Prediction and Market Outlook

Whilst no forecast is certain, analysts are watching SOL's key support and resistance levels at $125 and $146-150. Market commentary suggests potential recovery to $160-175 in the short term if support holds, with bullish MACD signals.[1][3][5]

How to Buy SOL at the Best Price

You can track real-time prices and trade SOL directly on MEXC. Visit the how to buy Solana (SOL) tutorial page to buy and trade SOL at the best price!

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Solana Price(SOL)
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Solana (SOL) Live Price Chart

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