Crypto updates: Solana dips 7.90% at midday trading

Solana has experienced high volatility, with a 52-week range of $100.46 to $294.33.

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February 24, 2025, 12:40 PM EST – Solana (SOL-USD) is trading at $154.53, down 7.90% (-$13.26) in the past 24 hours. The cryptocurrency opened at $168.03 and has ranged between $151.38 and $169.24 today.

  • Market Cap: $75.89 billion
  • Circulating Supply: 491.08 million SOL
  • 24-Hour Trading Volume: $4.90 billion

Solana has experienced high volatility, with a 52-week range of $100.46 to $294.33. The recent drop aligns with the broader crypto market downturn, with Bitcoin (BTC) and Ethereum (ETH) also seeing declines.

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Despite the pullback, Solana remains a key player in the blockchain space, known for its high-speed transactions, low fees, and strong DeFi and NFT ecosystem.

Solana’s strong developer activity, institutional interest, and network upgrades continue to provide long-term bullish sentiment. However, market-wide corrections and macroeconomic factors may influence short-term price movements.

Disclaimer: Cryptocurrency investments are volatile. Investors should conduct their own research or consult financial professionals before making investment decisions.