<ul><li>Solana (SOL) remains steady near $174 amidst the crypto market cap reaching $3.32 trillion and a fear and greed index reflecting greed sentiment at 71.</li><li>Solana experienced a brief bullish pressure hitting a high of $180.95 before a downside correction leading to a daily low of $166.81. It currently trades around $174.04 with a market cap of $90.42 billion.</li><li>The daily trading volume of Solana increased by over 18.55% to $5.61 billion, with $18.58 million worth of SOL liquidations. The number of wallets holding at least 0.1 Solana surged to 11.04 million, indicating growing retail interest.</li><li>Solana's price trend remains bearish, with potential for a death cross formation if it fails to climb above $176. However, a bullish signal could lead to a price increase towards $177 or even $181, supported by a daily RSI of 55.97 indicating neutral territory.</li></ul>

Solana (SOL) on the Verge: Can Bulls Break Free from the Bearish Chains?

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