Crypto market today: Solana drops 10.29% during early trading

Solana opened the day at $141.83, reaching a high of $143.96 and a low of $133.34.

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February 25, 2025 | 10:43 AM EST

Solana (SOL-USD), one of the top-performing cryptocurrencies in recent years, has experienced a sharp decline, dropping 10.29% over the past 24 hours. As of 10:43 AM EST, Solana is trading at $137.00, down from its previous close of $141.83.

Solana opened the day at $141.83, reaching a high of $143.96 and a low of $133.34, reflecting significant intraday volatility. The cryptocurrency’s 24-hour trading volume has surged to $10.41 billion, indicating heightened market activity.

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Despite today’s decline, Solana has maintained a 52-week trading range of $105.90 to $294.33, showing its ability to experience both massive gains and corrections. The cryptocurrency’s current market capitalization stands at $67.86 billion, with a circulating supply of 495.33 million SOL tokens.

Despite the current downturn, Solana remains one of the most promising blockchain platforms, known for its speed and scalability. The long-term outlook will depend on market stabilization, upcoming developments in the Solana ecosystem, and broader industry trends.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and carry inherent risks. Investors should conduct thorough research and consult with a financial advisor before making any investment decisions.