Solana Makes Waves in Crypto Market, $SOL Surges Significantly During Past 24-Hours

Solana ($SOL) has recently gained significant attention due to its massive price rise. Over the past 24 hours, the price of $SOL has increased by a staggering 6.14%. This shows a continuous uptrend that is leading Solana to further heights.

 Solana’s Current Price Value

Currently, Solana ($SOL) is changing hands at $138.72. The respective price level demonstrates an increase of nearly 6.14% over the twenty-four hours. However, its price was up to $130.68 before this period. Therefore, the latest price spike could lead to additional price increases.

Statistical Data

• Market Cap: the current market capitalization of $SOL is $70,833,099,197.18
• Volume: $SOL’s present 24-hour volume accounts for $2,449,657,733.55
• Supply: The circulating and total supply of $SOL stand at 511,342,538.54 SOL and 596,939,409.84 SOL respectively

Today’s Price Analysis of Solana ($SOL)

The latest 24-hour session of Solana ($SOL) began with its price moving around $130.57. Subsequently, it rose to the height of $133.96. Nonetheless, the following price dip pushed it down to $130.27. Nonetheless, this led to another reversal placing the price at the height of $134.88. After that, with a slight dip, the price jumped to the current price of $138.72.

During the recent twenty-four hours, $SOL experienced a 1.54% price jump. This maintenance of the bullish pattern and climbing further signifies growing potential of $SOL. This is a noteworthy development to increase the investor confidence and future price trajectory.

$SOL Support and Resistance Levels:

As the data suggests, the immediate price resistance for $SOL stands at $152.77. Additionally, if it effectively surges past this resistance, $178.63 and $188.49 offer the 2^nd and 3^rd resistance levels respectively.

On the other hand, $SOL’s immediate support level is $129.82. However, in the case of falling below the respective level, $124.97 and $121.94 could provide the 2^nd and 3^rd support levels respectively.

$SOL Price Prediction

$SOL’s latest price increase of 6.14% displays a substantial increase in investor sentiment. Hence, Solana’s current position is crucial in shaping its future performance. At this point, $SOL is anticipated to reach a price level of up to $146.41 over the next thirty days. This would account for a noteworthy 10.89% price increase over the next month. Thus, Solana ($SOL) must sustain its bullish trend to make this happen.