Solana (SOL) analysis today (July 22, 2025) highlights recent performance, technical indicators, and market forecasts.

Current performance (as of July 22, 2025):
Price: Solana is currently trading around $194 to $204.
Recent changes:
It has seen a rise of 1.86% to 6.7% over the past 24 hours, and a significant rise of 10.9% this week.
It has risen by approximately 49.53% over the past month and 23.92% over the past week.
It briefly reached $200 on July 21, its highest level in five months.
Market cap: Solana's market cap exceeds $105 billion, making it the fifth-largest cryptocurrency.
Trading Volume: Trading volume has surged, exceeding $13 billion in the past 24 hours, indicating increased activity.
Circulation Supply: The circulating supply is approximately 538.05 million SOL.
Technical Analysis:
Resistance Break: Solana has broken the important resistance level at $200, which is a positive sign.
Cup and Handle Pattern: The cup and handle pattern indicates a possible break above $185, and may exceed the $250 resistance neckline. If this level is clearly breached, it could lead to a significant upside move.
Relative Strength Index (RSI): The RSI is showing an upward trend, which could be an early sign of an uptrend in the price. However, some indicators suggest that the RSI is high (around 70), which could mean the coin is overbought and may see a correction.
Moving Averages: Most moving averages are showing a "buy" signal, supporting a positive outlook in the short and medium term.
Oscillators: Oscillators vary, with some indicating "buy" and others indicating "sell" or "neutral." For example, the MACD indicates "buy," while the STOCHRSI tends to indicate "neutral," and the STOCH indicates "sell."
Support and Resistance: Support and resistance levels indicate a general view of supply and demand. It is important to monitor the following resistance levels, as some analysts are talking about targets ranging from $250 to $336.
$SOL
{spot}(SOLUSDT)