Gate News Bot Message, February 6th, According to CoinMarketCap data, as of press time, SOL (Solana) is trading at $77.90, down 14.41% in the past 24 hours, with a high of $118.87 and a low of $68.69. The 24-hour trading volume reached $13 billion. The current market capitalization is approximately $44.146 billion, a decrease of $7.434 billion from yesterday.
Solana is a leading high-performance blockchain network globally, dedicated to becoming the capital market for global assets, providing infrastructure for internet capital markets, payments, and crypto applications. As a rapidly growing and leading financial platform, Solana has become the preferred choice for startups and enterprises, with the most users, the most developers, the highest trading activity, and the strongest real-time processing capabilities. Global institutions such as Western Union, Visa, and PayPal are building applications on Solana. To date, Solana has processed over 350 million monthly transactions, with a trading volume of $3.3 trillion, application ecosystem revenue of $3.4 billion, and 50 million active monthly addresses.
Recent important news about SOL:
1️⃣ Long-term price target revision reflects market expectation adjustments
Market analysts are optimistic about SOL’s long-term development prospects. Some analysts maintain the expectation of surpassing $2,000 by 2030, but have also lowered the short-term target for 2026. This adjustment in expectations reflects the market’s recognition of recent price corrections and confidence in the project’s long-term fundamental value.
This message is not investment advice. Please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana Approaches Key Sell Wall at $84.78 — Will Momentum Hold for a Move Toward $89?
Solana is trading at an approximate price of $83.18, although a solid sell wall is at an approximate price of $84.78, which prevents upward movement.
The price is trapped between the support at $81.99 and the resistance at $84.78 which is short term consolidation.
Once buyers hit the
CryptoNewsLand5h ago
SOL Consolidates Near $84 While Chart Highlights Possible $45 Demand Zone
Solana (SOL) trades at $83.87 within a range defined by $81.03 support and $84.43 resistance, showing consolidation below a $90 supply zone. There is a broader demand area near $45, indicating potential downward movement before recovery.
CryptoNewsLand5h ago
Solana Tests $87 Resistance as Price Climbs 3.7% Toward Key $88 Breakout Level
Solana is trading just below $87.25 with the price directly falling in the $87.18 resistance zone.
The chart has a clear framework between the resistant levels of $87 88 and the support level of $83.25.
An upside break above $88 might lead to an extension of the upward trend and r
CryptoNewsLand5h ago
