Solana is a little bearish as almost the whole crypto market dips. But this could trigger a very bullish rally as the daily chart suggests.
Solana price today is $171.94 USD with a 24-hour trading volume of $2,473,434,333 USD. Solana is down 9.87% in the last 24 hours, with a market cap of $53,189,829,030 USD. It has a circulating supply of 309,349,258 SOL coins.
Experts say that growing with some corrections is actually a healthy thing. The same applies to Solana. Solana rose from $40 to $200 between August and September and underwent a correction afterward. It started to gain momentum again in September from $122 and spiked to $260 in November. Solana is currently a correction and can rise to go above $300 in the coming month.