Solana price increased by 0.62% over the past 24 hours.
SOL Analysis
| Overall Performance | |||||
| 24-hr | 7-Day | 30-Day | 1-Year | Mkt Cap. | 24-hr Vol. |
| 0.62% | 8.99% | 12.34% | 60.04% | 124.54 bn | 7.46 bn |
Solana (SOLUSDT) price over 7 days gained 8.99% to 228.52 . For the record, SOLUSDT is -22.75% below all-time high of 295.83.
Over the last 30 days, SOL is up by 12.34% while 12-month period is up by 60.04%.
For the new week, our technical outlook seems stronger towards the upside as Solana is up over the last 7 days.
What can we expect from Solana today?
At time of writing, Solana has increased by 0.62% over the past 24 hours. Our daily analysis is that traders are more interested in accumulating SOL than selling.
Looking ahead on Monday, immediate upside resistance level at 234.96 (R1) with break above could target 241.40 (R2), while on the downside we are looking at 224.34 (S1) or daily low of 226.60 as immediate support levels. Break below these levels could weaken the current bullish momentum and may target towards 220.16 (S2).
Key levels to watch out:
| R3 | 245.58 |
| R2 | 241.40 |
| R1 | 234.96 |
| Daily Pivot | 230.78 |
| S1 | 224.34 |
| S2 | 220.16 |
| S3 | 213.72 |
About Solana
Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. It is a layer 1 network that offers fast speeds and affordable costs. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.
