Written By:
Jane Smith
Solana (SOL) trades around $140 as whale activity and ETF news boost confidence. Is SOL ready to break resistance or due for a pause?
Solana (SOL) has recently made headlines for a variety of reasons, not just for its lightning fast blockchain, but also for the crazy SOL crypto price swings. SOL’s current price is determined based on all the growing adoption in DeFi and NFTs, SOL’s ecosystem developments, network upgrades, and market sentiment. The current price of SOL alongside SOL’s performance metrics over the last 24 hours and the factors influencing its trajectory can be found below.
The live SOL price USD is $140.27, reflecting a slight uptick of 0.01% over the previous close (intraday high $142.43, low $135.99).
According to CoinMarketCap, SOL is valued at around $72.5 billion USD while the 24 hour trading volume is around $3.3 billion USD, encouraging strong liquidity and institutional interest from the market.
SOL has increased by +0.01% over the last 24 hours and +5.3% over the last 7 days and has grown by +22% over the last 30 days, indicating renewed SOL price momentum.
In November 2021, SOL reached an all-time high of $259.96 and an all-time low of $0.50 in May 2020, depicting the great rise of SOL price and moreover, its inherent price volatility over time.
Recent upgrades such as Turbine and Gulf Stream protocol optimizations have decreased transaction times and increased network throughput, directly impacting SOL price by increasing scalability and developer interest.
Solana has already made high‑profile partnerships and works with projects like Chainlink for oracle services, and integrations with platforms like Mango Markets and FTX’s Serum DEX, which has boosted SOL tokens demand, and increased to SOL coin price.
Hashtags like #Solana and #SOL have trended on Twitter (X) following major upgrade announcements, and sentiment trackers by LunarCrush have confirmed a +40% social engagement spike, indicative of interest from wider community despite occasional FUD around network outages.
According to TradingView’s analysis, the support is immediately at $138, and the resistance is at $150, with next targets at $160 and $175, on the psychological and Fibonacci levels that SR smash to SOL traders.
The RSI is holding around 62, on the sidelines between bullish momentum and overbought territory, and a prior MACD crossover (12/26) indicates SOL price USD remains in an upward trend.
Until now, Solana has processed over 1.2 million transactions today, with average daily TPS roughly 1,000 and don’t receive new block notify per second inputs — metrics indicating the real time network health and positively matching the performance of SOL sent.
Solana’s TVL in DeFi protocols is currently $3.1 billion USD and staking participation is close to 73% of circulating supply, an on‑chain fundamental that can support long term SOL price prediction.
SOL’s intraday volatility provides day traders with opportunities to capitalize on with limit orders around support/resistance levels, while long term investors may wish to continue to stake SOL for an annual yield (~6%) that also gives them a piece of network growth and passive income.
For real-time live SOL price USD updates, top platforms are TradingView (advanced technical tools), CoinGecko with real time charts, and Binance with the order book and futures data, each giving you a different experience to keep you updated.
Hardware wallets like Ledger Nano S/X and Trezor Model T offers a safe and secure cold storage, and a software wallets such as Phantom and Solflare to provide ease of use with secure key management and staking.
The live SOL price USD is $140.27, with an intraday range between $135.99 and $142.43.
Key drivers include Solana network upgrades, major ecosystem partnerships, on‑chain transaction growth, and macro crypto market sentiment, all influencing SOL price prediction dynamics.
Forecasts vary: analyst models (DigitalCoinPrice, WalletInvestor, Coincodex) offer different ranges based on technical and fundamental factors, but all remain speculative and should be combined with personal research.
Real‑time SOL price USD charts are available on CoinGecko, TradingView, and Binance with interactive tools for technical analysis.
Use hardware wallets (Ledger, Trezor) for cold storage and reputable software wallets (Phantom, Solflare) for day‑to‑day access, always enabling two‑factor authentication and backing up recovery phrases.
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