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Solana

SOLUSD

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76.050

-1.120-1.45%

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Market Movers:Solana (SOLUSD) Is down 1.46% on Jul 12: Key Drivers to Watch

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View Detailed Chart

TradingKey Chart

Time

15m

30m

Today

-1.46%

5 Days

-6.10%

1 Month

+14.69%

6 Months

-44.93%

Year to Date

-38.63%

1 Year

-53.05%

View Detailed Chart

TradingKey Chart

Key Data Points

Opening Price

75.110

Previous Closing Price

77.170

Price Range of the Day

74.86076.480

52-Week Price Range

59.870252.380

Indicators

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The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

15m

30m

15m

D

Sell

Sell(6)

Neutral(4)

Buy(2)

Indicators

Sell(2)

Neutral(4)

Buy(0)

Indicators

Value

Direction

MACD(12,26,9)

-0.072

Neutral

RSI(14)

51.159

Neutral

STOCH(KDJ)(9,3,3)

22.930

Sell

ATR(14)

3.584

Low Volatility

CCI(14)

-53.278

Neutral

Williams %R

48.666

Neutral

TRIX(12,20)

0.480

Sell

StochRSI(14)

0.000

Oversold

Moving Average

Sell(4)

Neutral(0)

Buy(2)

Indicators

Value

Direction

MA5

76.660

Sell

MA10

78.734

Sell

MA20

75.110

Buy

MA50

73.732

Buy

MA100

79.891

Sell

MA200

91.356

Sell

Solana News

Solana (SOLUSD) Is down 1.46% on Jul 12: Key Drivers to Watch

• Strengthening US Dollar and Treasury yields reduced institutional appetite for Solana assets. • Cooling ETF inflows and profit-taking caused a recent decline in Solana’s price. • Derivatives markets neutralized funding rates following a flush of over-leveraged long positions.

TradingKey10 hours ago

Solana (SOLUSD) Volatility Intensified on Jul 11: What You Should Know

• Institutional capital flows and ecosystem maturity are driving Solana’s current price appreciation. • On-chain metrics show increased total value locked and high decentralized exchange volume. • Neutral funding rates suggest the price move is driven by genuine spot accumulation.

TradingKey23 hours ago

Solana (SOLUSD) Fluctuated Significantly on Jul 10: Key Variables Behind the Move

• Solana gains reflect improved risk appetite and stabilizing global liquidity conditions. • Expectations for a spot Solana ETF are driving increased institutional capital inflows. • On-chain metrics, including record exchange volume, support a positive fundamental outlook.

TradingKeyFri, Jul 10

Solana (SOLUSD) Is up 1.06% on Jul 9: What Do On-Chain Data and Market Sentiment Show?

• Solana network transaction volume, active addresses, and throughput are reaching yearly highs. • Mastercard expanded its stablecoin settlement capabilities to the Solana blockchain network. • Hawkish Federal Reserve minutes and geopolitical tensions are limiting broader market liquidity.

TradingKeyThu, Jul 9

Solana (SOLUSD) Suddenly Goes down 3.04% on Jul 8: What You Need to Watch

• SOLUSD declined due to profit-taking and the liquidation of overleveraged long positions. • Large-scale holders moved tokens to exchanges, increasing short-term sell-side pressure. • Solana's on-chain fundamentals remain robust with record transaction throughput and institutional inflows.

TradingKeyWed, Jul 8

Solana (SOLUSD) Suddenly Goes down 1.38% on Jul 7: What You Need to Watch

• Solana price declined due to profit-taking, token unlocks, and derivative liquidations. • July token unlocks include $123.65 million worth of PUMP tokens entering the ecosystem. • Network activity reached record highs with 1 billion transactions processed in one week.

TradingKeyTue, Jul 7

More Details of Solana

Solana is a highly functional open-source project leveraging blockchain technology’s permissionless nature to offer decentralized finance (DeFi) solutions. Initially conceptualized in 2017, Solana was officially launched in March 2020 by the Solana Foundation, headquartered in Geneva, Switzerland. The Solana protocol is engineered to facilitate decentralized application (DApp) creation, aiming to enhance scalability through a unique combination of proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms. This innovative hybrid consensus model has garnered interest from both retail and institutional traders. The Solana Foundation is dedicated to expanding the accessibility of decentralized finance on a global scale.

Who are the founders of Solana (SOL)?

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Solana was founded in 2017 by Anatoly Yakovenko, a former Qualcomm engineer. The other co-founders are Greg Fitzgerald, a former Dropbox engineer, and Eric Williams, a former Qualcomm engineer. The team has extensive experience in building distributed systems and crypto protocols.

What makes Solana(SOL) unique?

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Solana's unique combination of Proof of History (PoH), Proof of Stake (PoS), and several other throughput-optimizing technologies creates a blockchain that is exceptionally fast, secure, and scalable. This innovative design makes Solana an attractive and versatile platform for a wide range of blockchain applications, including decentralized finance (DeFi), decentralized applications (DApps), and non-fungible tokens (NFTs). Solana's high-performance capabilities, along with its focus on decentralization, make it a compelling choice for developers and users seeking a scalable and efficient blockchain solution.

How fast are Solana transactions?

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Solana is one of the fastest blockchains. According to its Official website, it is capable of processing up to 65,000 transactions per second. However, the website also notes that more complex transactions might take more time to process.