Summary
- Solana (SOL) has shown resilience above the 100-day Simple Moving Average (SMA) despite market turbulence
- SOL’s price is currently at $172 with a market cap over $79 billion and a 24-hour trading volume over $1.9 billion
- Technical analysis suggests SOL is moving in a consolidation manner and may continue to move upwards
- SOL’s potential price movements include a move towards $188 resistance level or a decline toward $160 support level