$SOL
Solana Current Status: Solana has been displaying a consistent trend since the start of the year and now that the close is just an inch away, the bulls remain passive. The price is juggling around a narrow range, failing to rise above the crucial resistance. The bears do not appear to be strong but the lack of strength in bulls is making it appear difficult to surpass the new ATH.
The Solana price is trading around
$ 225.00
with a notable rise of around 0.49% in the past 24 hours and a 0.93% jump in the past seven days. The market capitalization has decreased by a similar range, reaching over $111.78 billion, while the trading volume surpassed $8.76 billion with a jump of nearly 13.73%. The bullish sentiments for tokens have surged to 81%, while the Fear-Greed Index has reached 85, indicating that traders are extremely greedy at the moment
Solana price demonstrated a mature price action throughout the year with no major pullbacks. After maintaining a consistent ascending trend, the price is believed to maintain a similar trend for the rest of 2024. Moreover, the current price action displays a huge possibility of marking a new ATH above $270 and closing the yearly trade on a bullish note.
