SOL Price Performance and Relative Strength

Solana SOL

Current Price

$142.16 -2.41%

$4.53 Daily Range (3.19%)

$141.22$145.75

$4.87B Daily Volume

50,899 BTC

Vol/MktCap: 6.06%

Oversold

HTF: 54 (Neutral)

Market Performance

-1.55% 0.0015 BTC

-1.90% 0.0429 ETH

-2.38% 142.20 USDT

-1.72% 0.1527 BNB

-0.14% 68.35 XRP

8.38% Relative BTC Volume

The total volume of Solana is $4.87B over the past 24 hours, compared to $58.11B total Bitcoin volume.

Hourly Moving Average

8 SMA $142.22 -0.05%

13 SMA $143.02 -0.60%

21 SMA $143.64 -1.03%

55 SMA $144.65 -1.72%

144 SMA $140.90 +0.89%

-0.08% 1 Hour Change

$142.16 from $142.27

+2.83% 7 Day Change

$4.02 from $138.14

+12.17% 14 Day Change

$17.30 from $124.86

+10.12% 30 Day Change

$14.38 from $127.78

January 19, 2025

$293.31 -51.53%

-$151.15 vs. now

$80.33B Market Cap

840,048 BTC

24H Change

-2.08B USD -2.52%

-21,745 BTC

Total Supply: 618.36M SOL

565.32M SOL Available

91.42% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.

Relative Supply Ratio

30.95 x BTC Supply

31:1 supply ratio

RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.

Relative Trade Volume

33.92M SOL traded over past 24 hours

6.00% of circulating supply A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.

Markets and Insights

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Solana AI Market Analysis

Solana (SOL) is currently priced at $142.11, reflecting a 24-hour change of -2.79%. The daily trading range has been relatively tight, with a high of $146.19 and a low of $141.22, indicating short-term price consolidation.

Trading volume stands at approximately $4.87 billion, representing 6.06% of its market cap. The moving averages show a bearish trend in the short term, with the 8 SMA at $142.22, the 13 SMA at $143.02, and the 21 SMA at $143.64, all indicating declines. However, the 144 SMA is showing a slight increase at $140.90.

The 1-hour RSI is at 29, suggesting that SOL is in oversold territory in the short term. Conversely, the 7-day RSI at 54 indicates a neutral trend, while the 14-day and 30-day price changes of 12.13% and 10.08%, respectively, demonstrate positive momentum over a longer horizon.

Given that the all-time high for SOL was $293.31 in January 2025, the current price reflects significant depreciation, and the market sentiment appears cautious following the recent downturn. The recent price action suggests potential support around the $140 level, with strong resistance at $146.

Considering the technical indicators and the current market conditions, a Hold rating is warranted. While the oversold RSI indicates a potential bounce, the bearish moving averages and recent price decline suggest caution before entering a long position.

Updated 9 minutes ago.