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Solana ($SOL) Price Decline and Recovery Potential

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by Giorgi Kostiuk

2 days ago


Solana ($SOL) has recently experienced a notable price decline. According to the latest data, the prominent crypto asset has dipped by 5.84% over the previous 24 hours. However, the weekly price still shows slight gains, indicating potential for recovery in the coming days.

Current Solana Price Value

In line with the current statistics, $SOL is changing hands at $128.79. This figure highlights a significant 5.84% decrease in price over the recent 24 hours. Nonetheless, community sentiment remains positive as 85% of members are bullish on $SOL's future price trajectory. This sustained momentum could trigger a noteworthy rebound.

Solana ($SOL) Statistical Data

The present market capitalization of $SOL is $65,924,730,469.98, and the latest 24-hour trading volume stands at $3,358,593,543.44. The cumulative and circulating supply of $SOL are 597,237,685.4 SOL and 512,026,908.66 SOL, respectively.

$SOL Price Analysis for March 29, 2025

The latest 24-hour candle of $SOL shows a continuous decline. Initially, $SOL was trading at up to $133.86. As a result of the decline, the price slumped to $127.98. Although a slight spike placed it at $130.38, it subsequently dipped to $127.6. Currently, it is hovering around $128.79.

The current price denotes a 5.84% decrease over the last twenty-four hours. Nonetheless, as community sentiment displays resilience, $SOL has the potential to bounce back.

The current market data points toward $134.46 as the immediate resistance faced by Solana ($SOL). Following surpassing this level, $SOL could witness considerable resistance at $147.05 and $178.63, respectively. On the other hand, $127.6 serves as the immediate support for $SOL’s price. Following that, $121.94 and $113.18 are the second and third support levels for Solana. Based on the bullish sentiment in the community, $SOL could shortly overcome its 24-hour loss of 5.84%. Hence, within the 30-day window, Solana ($SOL) could see an 11.07% price jump, potentially reaching the $144.02 mark.

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