Is a great time for holding Solana?!Hello guys!
What I see:
Ascending Channel: Price has been moving inside a clearly defined upward-sloping channel since the start of 2023, showing a strong long-term uptrend.
33% Correction: Recently, SOL experienced a 33% correction from its local high, testing the previous breakout zone (hig
Key facts today
Canada will launch its first spot Solana (SOL) ETFs on April 16, 2025, approved by the Ontario Securities Commission. These ETFs will focus on long-term Solana holdings and offer staking features.
Glassnode's analysis reveals that over 32 million SOL were transacted at a market price of $129.79, establishing this level as a significant support point for future price movements.
Solana recorded outflows of $5.1 million in the latest report on Digital Asset Fund Flows, reflecting a decline in investor interest during a period of broader market volatility.
Key stats
About Solana
Solana is a blockchain fairly new to the crypto game, but that's not to say it's not a serious player. Attempting to rival smart-contract titan Ethereum for the NFT and web3 crown, Solana has a strong focus on scalability through its hybrid proof-of-history/proof-of-stake consensus that aims to accommodate a flourishing dApp ecosystem. Its native token SOL has enjoyed the successes of Solana-based NFTs and dApps, but since its inception has also felt the strain of the network’s tendency to experience outages. Although that hasn't stopped it from reaching the top 15 coins by market cap.
SOL USD LONG IdeaBased on a fibonacci speed fam from the all time low to all time high along with a fibonacci retracement both point out that the price has retraced down to the golden pocket areas. Based on the supoort holding, along with other indicators I'm using points out a very likely move to the upside of ~2
SOLANA (#SOLUSD): Bullish Outlook & BreakoutSOLANA formed an inverted head and shoulders pattern on both daily/intraday charts.
Following the release of last Friday's fundamentals, the market experienced a significant surge, breaking through its neckline and a strong falling trend line.
This led to a consequent strong bullish movement and
Solana Surges Nearly 8% As Janover Pivots to Solana Treasury The price of Solana ( CRYPTOCAP:SOL ) famously known as the ethereum killer has surged nearly 8% today as Commercial property platform Janover pivots to Solana treasury strategy, stock surges 1,100% as investors rush in prior the news.
Janover has invested over $9.6 million into Solana (83,000+ SOL
SOLANA on its huge Bull Cycle Support.Solana / SOLUSD just hit the Rising Support that started back on the December 26th 2022 Bear Cycle Bottom.
Meanwhile, it hit for the first time in its history its 1week MA200. This is a huge Support cluster.
Having declined by -68.21% from its January All Time High, it looks identical to the last
Solana - The Bullrun Is Not Over Yet!Solana ( CRYPTO:SOLUSD ) might create another move higher:
Click chart above to see the detailed analysis👆🏻
As we are speaking Solana is sitting at the exact same level as it was about 3.5 years ago in the end of 2021. In the meantime we saw a lot of volatility and Solana is now once again re
Solana/USD at a pivotal pointSolana has been in a downtrend since 1-19-25 creating lower lows and lower highs. Bearish death cross was confirmed in middle of March. Price is retesting major support that was broken around the $125.00 area. Only a reclaim and higher high of this area would give any indications of a possible bo
SOL - High Time Frame Technical EntrySOL #6
There are a few coins I am buying now based on the 2 week candle that just closed.
SOL is one of them.
It has printed what appears to be a very tidy high time frame, 3 wave, 1:1.618 Golden Window correction.
The 2 week candle just closed is a bullish long wicked hammer that bounced fr
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of Solana (SOL) is 126.072 USD — it has risen 1.28% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing SOL price chart.
The current market capitalization of Solana (SOL) is 65.09 B USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
Solana (SOL) trading volume in 24 hours is 3.49 B USD. See how often other coins are traded in this list.
Solana price has risen by 22.48% over the last week, its month performance shows a −3.68% decrease, and as for the last year, Solana has decreased by −9.11%. See more dynamics on SOL price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Solana (SOL) reached its highest price on Jan 19, 2025 — it amounted to 295.215 USD. Find more insights on the SOL price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Solana (SOL) reached the lowest price of 8.032 USD on Dec 29, 2022. View more Solana dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of Solana (SOL) is 598.58 M USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
The safest choice when buying SOL is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade SOL right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Solana (SOL): today its technical analysis shows the neutral signal, and according to the 1 week rating SOL shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in Solana trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Solana (SOL) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Solana is estimated as 2.01% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Solana, you can find more inspiration in our curated watchlists.
You can discuss Solana (SOL) with other users in our public chats, Minds or in the comments to Ideas.