Solana (SOL) is currently priced at $86.43, showing a slight decline of 1.81% over the past 24 hours. The daily trading range has been relatively tight, oscillating between a low of $84.59 and a high of $88.04, indicating some market consolidation.

The trading volume stands at approximately $3.7 billion, representing a 7.54% ratio to the market cap, suggesting healthy market activity. The hourly moving averages reveal a mixed sentiment, with the 8 SMA and 13 SMA indicating upward momentum while the 55 SMA shows a slight downward trend.

The 1-hour RSI is at 51, indicating neutral momentum, while the 7-day RSI at 52 suggests stability in the short term. However, the 14-day and 30-day price changes of -15.97% and -39.86% respectively point to bearish pressure over the medium to long term.

Despite recent fluctuations, the price remains significantly below its all-time high of $293.31 set in January 2025. This suggests potential room for recovery, but the current bearish trends over longer periods could weigh on investor sentiment.

Given the current technical indicators and price movements, the recommendation is to Hold. This rating reflects the need for a cautious approach while monitoring for signs of a trend reversal in the coming days.