Solana Price Stalls Below $145 as Network Growth Remains Weak
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Solana (SOL) trades at $140.28, declining 1.33% in 24 hours and remaining below the $145 resistance. Network growth shows signs of weakness, with new wallets significantly below November 2024 levels. Market capitalization stands at $79.3 billion with trading volume of $5.6 billion, indicating short-term consolidation around $140.
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- SOL trades below the $145 resistance level, with higher volume accompanying a pullback and short-term consolidation near $140.
- Santiment data shows network growth still declining, with new weekly wallets far below Nov 2024 levels.
- Charts highlight potential upside toward $165–$200, but support near $131 remains key for structure.
Solana (SOL) traded at $140.28 at the time of writing, down 1.33% over the previous 24 hours, as the token remained below a key resistance band between $142 and $145. Daily data showed SOL opening near $142, moving above $143, and then retreating toward the $138.50–$139.00 range before stabilizing and edging back into the $140 area.
Market data recorded 24-hour trading volume at $5.6 billion, up about 11.1%, with Solana’s market capitalization near $79.3 billion. Circulating supply was listed at 565.2 million SOL out of a total 618.2…
Read The Full Article Solana Price Stalls Below $145 as Network Growth Remains Weak On Coin Edition.
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