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 $92.8500, recording a gain of 2.13% over the past 24 hours. The cryptocurrency has extended its positive momentum across the weekly timeframe, posting a 4.64% increase over seven days. Solana's market capitalisation has reached $53,668,323,717. This represents the first data point in our coverage, establishing the baseline for future comparative analysis. Solana real time data shows the token trading within its established range as it maintains its position amongst the leading blockchain platforms.
The RSI (14) registers 51.0, positioning itself in neutral 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 and below 30 oversold.
The MACD line stands at 1.6549, with the signal line at 2.1712 and the histogram at -0.5164. The Moving Average Convergence Divergence measures the relationship between two moving averages of a security's price, tracking momentum shifts through the interaction of these components.
Solana trades within the central zone of the Bollinger Bands channel, with the upper band at $98.4140, middle band at $92.7830, and lower band at $87.1520. Bollinger Bands measure price volatility and relative price levels by plotting standard deviations around a moving average.
Current trading volume reaches 53,668,323,000, representing a 1.00x ratio against the 20-period average of 53,585,567,850. Volume measures the total number of shares or contracts traded during a specific time period, indicating the level of activity and liquidity.
The Fear & Greed Index records 34 out of 100, placing market sentiment in the fear zone. This index measures market emotions and sentiment on a scale from 0 (extreme fear) to 100 (extreme greed), combining various market indicators and surveys.
The Federal Reserve maintains interest rates at 3.64%, whilst the Consumer Price Index closed at 332.407 with a monthly variation of +0.64%. The Fed funds rate measures the cost of overnight borrowing between banks, and the CPI measures the average change in prices paid by consumers for goods and services.
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 exchanges in the United States, serving as a benchmark for the overall equity market.
The VIX closed at 16.99 in the prior session. The Volatility Index measures the market's expectation of 30-day forward-looking volatility based on S&P 500 index options.
Bitcoin dominance stands at 58.77% of the total cryptocurrency market. This metric measures Bitcoin's market capitalisation as a percentage of the entire cryptocurrency market capitalisation.
The Dollar Broad Index (DTWEXBGS) closed at 118.39, down 0.29% from the previous session. This index measures the value of the United States dollar relative to a basket of foreign currencies from major trading partners.
Gold trades at $4,545.25 per ounce, whilst WTI crude oil closed at $99.89 per barrel. Gold measures the price of the precious metal used as a store of value and inflation hedge, whilst WTI measures the price of light sweet crude oil serving as a benchmark for oil pricing.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Positive | +2.13% 24h |
| RSI (14) | Neutral | 51.0 |
| MACD | Negative | Hist: -0.5164 |
| Bollinger Bands | Neutral | in the central zone of the channel |
| Volume | Neutral | 1.00x avg |
| Fear & Greed Index | Negative | 34/100 (Fear) |
| 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) | Positive | $99.89/barrel |