Solana ($SOL) has seen a significant price drop over the past day, indicating a temporary decline in investor interest. However, the ongoing attempts to surpass the resistance level show potential for a rebound.
Current Solana ($SOL) Price
Currently, Solana ($SOL) is priced at $128.29, representing a substantial 4.23% decrease in the last 24 hours. Prior to this, the price reached $133.28 but could not sustain above the crucial $130 level.
Statistical Analysis of Solana ($SOL)
$SOL currently accounts for a market capitalization of $65,561,164,906.65. The 24-hour trading volume stands at $2,331,097,257.67. Total supply is 596,638,833.05 SOL, with a circulating supply of 510,177,618.86 SOL.
Analysis of $SOL Support and Resistance
Current support and resistance levels indicate $SOL facing significant resistance at $134.07. Breaking above this level could lead to gains at $136.48 and $178.63. On the contrary, support is noted at $126.85, with possible additional support at $121.94 and $113.18 if $SOL drops further.
Despite the recent dip, the current momentum of $SOL suggests potential for a rebound. Exceeding the key resistance at $134.07 could push Solana to new highs.
