Solana (SOL) is currently trading around $153, with its daily trading volume surging by over 76%.
The broader cryptocurrency market is experiencing a bearish turn, with the market cap slipping by over 1.21% to $3.29 trillion. SOL has spiked modestly by over 0.93% in the last 24 hours.
The number of Solana wallet addresses holding at least 0.1 SOL has reached a new all-time high of over 11.44 million, indicating increased user participation and long-term holding.
The technical indicators suggest a short-term bullish crossover for SOL, with potential resistance at $153.50 and support at $153.20. SOL is in a neutral to mildly bullish zone with further upside possible.