Solana SOL
⚠️ Notice: This report describes the state of the market at the time of its generation. It does not constitute financial advice or investment recommendation. Any investment decision is the sole responsibility of the reader.
The Solana price today stands at $88.4700, representing a decline of 0.86% over the past 24 hours. Over the seven-day period, SOL has gained 6.54%, placing it in positive territory for the week. The cryptocurrency maintains a market capitalisation of $51,058,073,104. Since the previous report at the identical timestamp, the Solana real time price remains unchanged at $88.4700, showing no variation between reporting periods.
The RSI (14) registers 73.1, placing it in overbought territory. The Relative Strength Index measures the speed and magnitude of price changes on a scale from 0 to 100, with readings above 70 typically considered overbought conditions.
The MACD shows a value of 1.0234, with the signal line at 0.3734 and a histogram reading of 0.6500. The Moving Average Convergence Divergence measures the relationship between two moving averages of a security's price, tracking momentum changes through the interaction of these lines.
Solana's price currently trades in the upper half of the Bollinger Bands channel, positioned between the middle band at $85.0755 and the upper band at $89.4508. Bollinger Bands measure price volatility and relative price levels by plotting standard deviations around a moving average.
Current trading volume reaches 51,058,074,000, representing a ratio of 1.16x against the 20-period average of 44,198,997,550. Volume measures the total number of shares or contracts traded during a specified period, indicating the level of market activity.
The Fear & Greed Index registers 47 out of 100, positioning it in neutral territory. This index measures market sentiment by analysing various factors including volatility, momentum, and social media sentiment to gauge investor emotions.
The Federal Reserve maintains interest rates at 3.64%, whilst the Consumer Price Index reached 330.293 with a monthly variation of +0.87%. These metrics measure monetary policy stance and inflation levels respectively within the US economy.
The S&P 500 closed at 7,200.75 points in the previous session. This index measures the stock performance of 500 large companies listed on US stock exchanges, serving as a benchmark for American equity market performance.
The VIX recorded 16.99 at the previous day's close. The Volatility Index measures expected volatility in the S&P 500 over the next 30 days, derived from option prices and often referred to as the market's fear gauge.
Bitcoin dominance stands at 58.77% of the total cryptocurrency market. This metric measures Bitcoin's market capitalisation as a percentage of the entire crypto market cap, indicating its relative size within the digital asset ecosystem.
The Dollar Index (DTWEXBGS) registered 118.39 with a decline of 0.29% in the previous session. This broad index measures the US dollar's value against a basket of major trading partner currencies, reflecting the greenback's relative strength.
Gold trades at $4,545.25 per ounce in real-time, whilst WTI crude oil closed at $99.89 per barrel in the previous session. These commodities measure precious metal values and energy costs respectively, serving as inflation hedges and economic indicators.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Positive | -0.86% 24h |
| RSI (14) | Negative | 73.1 |
| MACD | Positive | Hist: 0.6500 |
| Bollinger Bands | Positive | in the upper half of the channel |
| Volume | Positive | 1.16x avg |
| Fear & Greed Index | Neutral | 47/100 (Neutral) |
| BTC Dominance | Neutral | 58.8% |
| Nasdaq Composite | Positive | 25,068 pts |
| S&P 500 | Positive | 7,201 pts |
| VIX | Positive | 16.99 |
| Fed Rates | Neutral | 3.64% |
| Dollar Index (DXY) | Positive | 118.39 |
| Gold | Positive | $4,545/oz |
| Oil (WTI) | Positive | $99.89/barrel |