📌 SOL Price Snapshot (as of now):$SOL
Price: ~$125 USD per SOL (≈ ₨35,200 PKR) CoinGecko+1
24h Movement: ~+1–2% range, depending on exchange data CoinGecko
Market Cap: ~$70–71 billion USD CoinGecko
24h Trading Volume: ~$3.5 billion USD CoinGecko
Circulating Supply: ~562 million SOL CoinGecko
All-Time High: ~$293 (mid-January 2025) CoinGecko
📊 Recent Price Context
$SOL has retraced significantly from its all-time highs (~–57% from peak) but remains one of the top-ranked layer-1 blockchain tokens. CoinGecko
Price has shown consolidation and mild upside in short-term trading ranges. CoinGecko
🪙 What is Solana (SOL)?
Solana is a high-throughput blockchain that uses a Proof of History (PoH) + Proof of Stake (PoS) consensus to achieve fast and low-fee transactions. Its native token SOL is used for
validating and securing the network (staking),
paying transaction fees,
participating in governance and ecosystem activities. Coinbas
📈 Market Trends & Commentary
$SOL continues to rank in the top 10 cryptocurrencies by market cap. CoinGecko
Short-term price sentiment shows modest bullish activity, but broader market factors (macro and crypto sentiment) heavily influence moves. CoinGecko
The ecosystem remains active with DeFi and dApp growth, though memecoin and speculative activity also plays a role.
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