Solana (SOL) is currently trading at $201.50, with a 7.33% increase . Here's a breakdown of the coin's analysis:

Market Performance

- 1-hour change: +1.1575%

- 24-hour change: +1.1575%

- 7-day range: $175.06 - $228.96

Technical Indicators

- RSI (14): 41.34 (natural)

- Commodity Channel Index (20): -80.36 (natural)

- Average Directional Index (14): 43.03 (natural)

Price Predictions

Analysts predict a potential surge in Solana's price, driven by its record $7.76 billion in daily fund inflows . Some forecasts suggest SOL may reach new heights in 2025.

Trends and Outlook

Solana's bullish turn is attributed to its hybrid consensus model, combining Proof of Stake and Proof of History, ensuring efficient transaction processing . The platform's focus on mass adoption, supporting DeFi, NFTs, and gaming, contributes to its growth potential.

Additional Insights

- Market capitalization: $96.61 billion

- Circulating supply: 479.44 million

- Total supply: 590.79 million