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Solana

SOLUSD
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101.330

+0.570+0.57%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.56%

5 Days

-1.50%

1 Month

+38.28%

6 Months

+10.21%

Year to Date

-18.22%

1 Year

-49.77%

Key Data Points

Opening Price

100.850

Previous Closing Price

100.760
Price Range of the Day
100.600101.620
52-Week Price Range
59.870252.380

Recent

Analysis

Solana (SOLUSD) Suddenly Goes down 1.17% on Sep 4: What You Need to Watch

• Solana faced an intraday pullback due to profit taking and leveraged long liquidations. • Scheduled token unlocks and macroeconomic caution constrained broader digital asset market dynamics. • Technical indicators show a neutral RSI alongside buy signals from MACD and Williams %R.

TradingKeyFri, Sep 4

Top Altcoins Price Prediction: Ripple, Cardano, Solana – Bulls defend key support levels

Ripple (XRP), Cardano (ADA), and Solana (SOL) show mild gains on Thursday, holding at crucial support levels amid easing bullish momentum. The technical outlook for XRP, ADA, and SOL indicates downside risk as the US-Iran war weighs on the broader crypto market.

FxstreetThu, Sep 3

Solana (SOLUSD) Is up 1.29% on Sep 3: Why It Happened

• Solana's price rose due to institutional inflows, ETF demand, and staking yields. • Network upgrades, high activity, and reduced exchange balances supported positive market sentiment. • Technical indicators show neutral to buy signals while monitoring macroeconomic conditions.

TradingKeyThu, Sep 3

Solana (SOLUSD) Is down 1.20% on Sep 2: Why It Happened

• Solana pulled back due to macroeconomic tightening and short-term leverage unwinding. • Institutional demand remains structurally supportive despite temporary exhaustion in buy-side liquidity. • Technical indicators show a MACD buy signal and neutral RSI conditions.

TradingKeyWed, Sep 2

Solana (SOLUSD) Volatility Intensified on Sep 1: What You Should Know

• Solana's pullback reflects profit-taking and tactical de-risking after a multi-week rally. • Intraday weakness was exacerbated by derivative liquidations and leveraged long unwinding. • Technical indicators including MACD, RSI, and Williams %R suggest buy conditions.

TradingKeyTue, Sep 1

Solana Price Forecast: Strong institutional confidence keeps SOL afloat above $100

Solana (SOL) price is trading around $100 on Monday, testing the psychological support level after a 3% decline the previous day. SOL-focused Exchange Traded Funds (ETFs) recorded over $150 million in inflows last week, reflecting strong institutional demand.

FxstreetMon, Aug 31

Indicators

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.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Buy
Sell(2)
Neutral(4)
Buy(6)
Indicators
Sell(1)
Neutral(4)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
-0.595
Neutral
RSI(14)
64.333
Neutral
STOCH(KDJ)(9,3,3)
40.345
Neutral
ATR(14)
5.234
High Vlolatility
CCI(14)
18.805
Neutral
Williams %R
43.602
Buy
TRIX(12,20)
1.272
Sell
StochRSI(14)
9.543
Oversold
Moving Average
Sell(1)
Neutral(0)
Buy(5)
Indicators
Value
Direction
MA5
100.760
Buy
MA10
102.543
Sell
MA20
95.556
Buy
MA50
82.689
Buy
MA100
77.784
Buy
MA200
81.733
Buy

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)?

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?

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?

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.

Solana

101.330
+0.570+0.57%
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