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 $84.6800, representing a decline of 3.50% over the past 24 hours and a broader 5.60% drop across the seven-day period. The cryptocurrency maintains a market capitalisation of $48,941,733,329. Solana real time data shows the token trading within a weakening price structure following consecutive daily losses that have accumulated throughout the current weekly cycle.
The RSI (14) registers 39.9, positioning within the lower half of its range. The Relative Strength Index measures the speed and magnitude of price movements on a scale from 0 to 100, with the current reading indicating neither oversold nor neutral territory.
The MACD line sits at -1.1465, whilst the signal line reads -1.0412, creating a histogram value of -0.1053. The Moving Average Convergence Divergence measures the relationship between two moving averages of a security's price, with both primary components currently trading in negative territory.
Bollinger Bands show an upper band at $92.2586, a middle line at $87.2640, and a lower band at $82.2694, with the current price positioned in the lower half of this channel. Bollinger Bands measure price volatility and provide dynamic support and resistance levels based on standard deviations from a moving average.
Current volume reaches 48,941,730,000, representing a ratio of 1.02x compared to the 20-period average of 47,962,200,800. Volume measures the total number of shares or contracts traded during a specific period, indicating the level of market participation.
The Fear & Greed Index records 28 out of 100, placing it firmly within the Fear zone. This index measures market sentiment by analysing various factors including volatility, market momentum, and social media sentiment to gauge prevailing investor emotions.
The Federal Reserve interest rate stands at 3.64%, whilst the Consumer Price Index reached 332.407 with a monthly variation of +0.64%. These metrics measure monetary policy stance and inflation levels respectively within the US economy.
The Nasdaq Composite closed at 26,225.14 points with a gain of 4.62%, whilst the S&P 500 finished at 7,408.50 points. These indices measure the performance of technology-focused companies and broad US equity market performance respectively.
The VIX closed at 17.26 points. The Volatility Index measures expected market volatility over the next 30 days based on S&P 500 options pricing, often referred to as the market's fear gauge.
Bitcoin dominance currently registers 58.36% 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) trades at 118.04, down 0.30% from the previous session. This index measures the US dollar's value against a broad basket of major trading partner currencies.
Gold trades at $4,537.74 per ounce in real-time, whilst WTI crude oil settled at $101.56 per barrel. These commodities measure precious metal store-of-value performance and global energy pricing respectively.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Negative | -3.50% 24h |
| RSI (14) | Negative | 39.9 |
| MACD | Negative | Hist: -0.1053 |
| Bollinger Bands | Negative | in the lower half of the channel |
| Volume | Neutral | 1.02x avg |
| Fear & Greed Index | Negative | 28/100 (Fear) |
| BTC Dominance | Neutral | 58.4% |
| Nasdaq Composite | Positive | 26,225 pts |
| S&P 500 | Positive | 7,408 pts |
| VIX | Neutral | 17.26 |
| Fed Rates | Neutral | 3.64% |
| Dollar Index (DXY) | Negative | 118.04 |
| Gold | Positive | $4,538/oz |
| Oil (WTI) | Neutral | $101.56/barrel |