The price of the cryptocurrency Solana ($SOL) continues to decline, reaching its lowest point since February 2024. Over the past month, the price has dropped by 35.61%, which suggests potential further declines below $100.
Current Solana Price
At the time of writing, Solana is priced at $124.79, indicating a change of +0.51% in the last 24 hours. During the day, the price rose to the resistance level of $127.74 but could not hold there.
Statistical Data on Solana
The market capitalization of Solana is $63,542,026,944.6, with the 24-hour trading volume equal to the same amount. Total and circulating supply of SOL tokens stands at 596,189,668.54.
Solana’s Support and Resistance Levels
The first resistance level for Solana is $127.74. The subsequent resistance levels are $134.65 and $139.23. Support levels are at $120.9, $117.63, and $113.71.
The current Solana price remains below its first resistance level but shows slight signs of an upward trend. If it continues to rise, it may soon test its next resistance level. Otherwise, it may fall to the immediate support level of $120.9.
