Advertisement
February 24, 2025, 10:25 AM EST – Solana (SOL-USD) is trading at $153.42, marking a 9.16% decline (-$15.47) as of 10:25 AM EST. The cryptocurrency opened at $168.03 and has fluctuated between $153.42 and $169.24 during today’s session.
Solana, a high-performance blockchain network, currently holds a market capitalization of $75.34 billion, with a circulating supply of 491.09 million SOL. Over the past 24 hours, $4.30 billion worth of Solana has been traded, reflecting increased volatility and selling pressure.
The decline in Solana’s price aligns with a broader downturn in the cryptocurrency market, with Bitcoin, Ethereum, XRP, and Dogecoin also facing significant losses. Meanwhile, global financial markets are showing mixed signals. In the U.S. pre-market session, Nike, American Express, and Oracle are trading in the green, whereas Apple, Domino’s, and Dell are under pressure.
Additionally, bond yields remain stable, and a rising U.S. dollar index has weighed on risk assets, including cryptocurrencies.
Solana has traded within a 52-week range of $100.46 to $294.33, reflecting its volatility. While short-term corrections persist, investors remain focused on Solana’s ecosystem growth, institutional adoption, and ongoing blockchain innovations, which could influence its long-term trajectory.
Disclaimer: Cryptocurrency investments are highly volatile and speculative. Prices can fluctuate widely, and investors should conduct thorough research or consult financial experts before making investment decisions.