Solana (SOL) is currently trading at $87.64, exhibiting a minimal 24-hour change of 0.07446%. The daily price range shows volatility, with a high of $88.89 and a low of $84.66, leading to a daily range of 4.23%.

Volume stands at approximately $5.45 billion, reflecting a market participation rate of 10.96% against the market cap. Technical indicators reveal that the 8 SMA, 13 SMA, and 21 SMA are trending positively at +2.21%, +1.81%, and +1.13%, respectively, while the 55 SMA shows a significant upward momentum at +4.16%. However, the 144 SMA is bearish at -6.17%.

The 1-hour RSI at 48 indicates a neutral momentum, while the 7-day RSI at 45 suggests potential bearish sentiment as it approaches oversold territory. Over the past week, SOL has experienced a 15.65% decline, with steeper losses of 31.21% over 14 days and 36.84% over 30 days, indicating a prolonged downtrend.

Despite the recent price activity, Solana is still significantly below its all-time high of $293.31, achieved in January 2025. The current market conditions suggest that while there is short-term volatility, the long-term trend remains bearish, especially given the downward pressures from the longer-term moving averages.

Considering the current technical indicators and price trends, the recommendation is to Hold SOL. The minimal positive movement in the short-term moving averages is overshadowed by the longer-term declines, indicating that significant recovery is needed before considering a Buy.