Solana, the fifth-largest cryptocurrency by market capitalization, extended its downward trajectory, plummeting for four consecutive days amidst a broader market decline.
Key Statistics:
- Current Price: $142.97 USD
- 24-hour Trading Volume: $2.28 billion
Recent Price Action:
Solana retreated to $135 on October 3, its lowest point in over three weeks, before partially recovering.
Technical Analysis:
The $SOL /USD chart approaches a critical technical juncture, nearing a potential "death cross" formation, which may indicate further downside pressure.
Meanwhile, decentralized exchange (DEX) volume surged 46% week-over-week, suggesting resilient trading activity despite market volatility
Real-time Price Updates:
Our SOL/USD price chart provides instantaneous updates, ensuring investors stay informed.