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.
Solana price today stands at $96.4400, recording a gain of 3.12% over the past 24 hours. The cryptocurrency has posted a substantial 14.47% increase across the seven-day period. Solana's market capitalisation has reached $55,655,076,254. The Solana real time price maintains its position within the upper reaches of recent trading ranges, with the weekly performance demonstrating consistent upward movement throughout this timeframe.
The RSI (14) registers at 84.5, positioning the indicator 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 displays a reading of 2.5981, with the signal line at 1.8995 and the histogram showing 0.6986. The Moving Average Convergence Divergence measures the relationship between two moving averages of an asset's price, tracking momentum changes through the interaction of these trend-following indicators.
Solana's price trades in the upper half of the Bollinger Bands channel, with the upper band at $96.9381, the middle line at $89.2285, and the lower band at $81.5189. Bollinger Bands measure price volatility and identify potential overbought or oversold conditions by plotting standard deviations around a moving average.
Current trading volume reaches 55,655,076,000, representing 1.13 times the 20-period average of 49,047,590,250. Volume measures the total number of shares or tokens traded during a specific period, indicating the level of market activity and participation.
The Fear & Greed Index stands at 47 out of 100, placing market sentiment in neutral territory. This index measures market emotions and sentiment by analysing various factors including volatility, market momentum, and social media activity to gauge whether investors are displaying fearful or greedy behaviour.
The Federal Reserve's benchmark interest rate sits at 3.64%, whilst the Consumer Price Index recorded 330.293 with a monthly variation of +0.87%. These metrics measure monetary policy stance and inflation levels respectively, reflecting the central bank's approach to managing economic conditions.
The S&P 500 closed at 7,200.75 points in the previous session. This index measures the performance of 500 large-cap American companies, serving as a benchmark for overall US equity market performance.
The VIX volatility index recorded 16.99 at the previous day's close. The VIX measures expected market volatility over the next 30 days, derived from S&P 500 options pricing and often referred to as the market's "fear gauge".
Bitcoin's market dominance stands at 58.77% of the total cryptocurrency market capitalisation. This metric measures Bitcoin's share of the entire digital asset market by comparing its market cap to the combined market cap of all cryptocurrencies.
The Dollar Broad Index (DTWEXBGS) registered 118.39, declining by 0.29% from the previous session. This index measures the US dollar's strength against a broad basket of trading partner currencies, weighted by trade flows.
Gold trades at $4,545.25 per ounce, whilst WTI crude oil stands at $99.89 per barrel. These commodities measure precious metal and energy market conditions respectively, serving as traditional stores of value and economic indicators.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Positive | +3.12% 24h |
| RSI (14) | Negative | 84.5 |
| MACD | Positive | Hist: 0.6986 |
| Bollinger Bands | Positive | in the upper half of the channel |
| Volume | Positive | 1.13x 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 | Neutral | 16.99 |
| Fed Rates | Neutral | 3.64% |
| Dollar Index (DXY) | Negative | 118.39 |
| Gold | Positive | $4,545/oz |
| Oil (WTI) | Neutral | $99.89/barrel |