Solana (SOL) is currently priced at $137.24, reflecting a 3.28% increase over the past 24 hours, with a trading range between a high of $144.43 and a low of $132.08. The daily range of 12.35% indicates heightened volatility, while the volume of approximately $7.18 billion corresponds to 9.32% of its market capitalization, suggesting active trading interest.

Technical indicators reveal a mixed sentiment; the 1-hour RSI sits at 49, indicating a neutral momentum, while the 7-day RSI at 47 suggests the asset is nearing oversold territory. The short-term moving averages are all slightly bearish, with the 8 SMA and 13 SMA showing minor declines, but the 55 SMA and 144 SMA reflect upward trends, indicating potential support around $136.33 and $135.47.

In terms of price performance, Solana has seen a negative 3.13% change over the last week and an even steeper decline of 18.46% over the past 30 days, signaling bearish momentum in the medium term. However, the 14-day price change is marginally positive at 0.33%, suggesting some stabilization in the short term.

The all-time high for Solana stands at $293.31, achieved in January 2025, which highlights significant room for growth if market conditions improve. The current price is approximately 53% below this peak, indicating a potentially undervalued state depending on future market developments.

Considering the mixed technical signals, alongside the bearish short-term price trends but stabilized longer-term indicators, a cautious approach is warranted. The recommendation is to Hold, as current indicators do not suggest a strong buy signal, but potential upside may be realized if prices maintain above the support levels identified around $135.47.