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February 26, 2025 | 12:57 PM EST
As of 5:57 PM UTC, Solana (SOL) is trading at $133.50, reflecting a 6.27% decrease from its previous close of $144.13. The cryptocurrency’s daily trading range has spanned from $133.50 to $144.87. Over the past year, SOL’s price has fluctuated between $107.46 and $294.33, indicating significant volatility.
The current market capitalization of Solana stands at approximately $66.523 billion, with a circulating supply of 498.29 million tokens. In the last 24 hours, the trading volume has reached $4.03 billion, suggesting sustained investor interest despite recent price movements.
The recent decline in Solana’s price aligns with a broader downturn in the cryptocurrency market. Analysts attribute this trend to diminishing enthusiasm following the “Trump bump” and a lack of anticipated regulatory support from the new administration, leading to investor disappointment.
Despite the current bearish trend, some market analysts remain optimistic about Solana’s long-term potential. Projections suggest that SOL could reach a price peak between $520 and $1,500 by the end of 2025, contingent upon favorable market conditions and increased adoption.
Disclaimer: Cryptocurrency investments are inherently risky and highly volatile. This information is provided for informational purposes only and does not constitute financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.