Search





Search





Solana

SOLUSD

Add to Watchlist

98.930

-0.180-0.18%

Discussions

TradingKey Chart

Time

15m

30m

Today

-0.18%

5 Days

+3.40%

1 Month

+40.21%

6 Months

+19.81%

Year to Date

-20.15%

1 Year

-49.74%

Key Data Points

Opening Price

98.690

Previous Closing Price

99.110

Price Range of the Day

97.52099.710

52-Week Price Range

59.870252.380

• 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.

TradingKey23 hours ago

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

Solana (SOLUSD) Is down 3.12% on Aug 31: Here Is Why

• SOLUSD consolidated as traders took profits after a multi-day expansion. • Long liquidations and unwound leverage accelerated the intraday downward price movement. • Technical indicators including MACD, RSI, and Williams %R suggest buy conditions.

TradingKeyMon, Aug 31

Solana (SOLUSD) Volatility Intensified on Aug 30: What You Should Know

• Spot Solana exchange-traded products drove sustained institutional net buying and record inflows. • Governance proposals increased token scarcity by accelerating emission disinflation and fee burns. • Technical indicators showed MACD and RSI buy signals alongside overbought conditions.

TradingKeySun, Aug 30

Solana (SOLUSD) Is up 1.09% on Aug 29: Why It Happened

• Proposal SGP-0002 accelerated Solana's annual issuance reduction to 30 percent. • Cumulative inflows into spot Solana exchange-traded funds reached record levels. • Technical indicators show a MACD buy signal and overbought RSI.

TradingKeySat, Aug 29

Solana community narrowly approves double disinflation proposal in dramatic governance vote

The Solana (SOL) community on Friday approved a proposal to accelerate the reduction of SOL token issuance.

FxstreetSat, Aug 29

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.

15m

30m

15m

D

Neutral

Sell(4)

Neutral(2)

Buy(6)

Indicators

Sell(2)

Neutral(2)

Buy(2)

Indicators

Value

Direction

MACD(12,26,9)

0.640

Buy

RSI(14)

65.352

Neutral

STOCH(KDJ)(9,3,3)

43.587

Sell

ATR(14)

6.030

High Vlolatility

CCI(14)

13.574

Neutral

Williams %R

39.804

Buy

TRIX(12,20)

1.435

Sell

StochRSI(14)

0.000

Oversold

Moving Average

Sell(2)

Neutral(0)

Buy(4)

Indicators

Value

Direction

MA5

101.774

Sell

MA10

100.691

Sell

MA20

91.408

Buy

MA50

81.081

Buy

MA100

77.216

Buy

MA200

81.486

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.