Highlights
Solana price is showing promising signs of recovery, even as the broader crypto market grapples with bearish trends. Solana has been having an optimistic future as a result of the recent growth in the number of decentralized application (DApp) revenue and decentralized exchange (DEX) trading volume.
Solana has been in a position to hold a strong price, even in the present market decline, as it has been above the crucial price of $150.
The past 24 hours have seen cryptocurrency markets experience a decline of 1.36% with Bitcoin at $101k. Ether, XRP, Dogecoin, and ADA were also declining, which is indicative of the general weakness in the market. This slump comes on top of a greater 30-day drop of 11.93, with fears of the U.S. government shutdown.
Solana remains the leader in Layer 1 and Layer 2 chains in terms of DApp revenue and volume of DEX. Solana has made $4.81 million in app revenue in the past day, which is significantly higher than the revenue of its competitors. Hyperliquid L1 came in second with a sum of $3 million, with Ethereum coming in third with a sum of $1.86 million. Edge and Base obtained $1.63 million and 1 million, respectively. The top 6 were completed by BSC, which generated revenue of $671,266.
In the case of DEX volume, Solana retained the leading position with the trading activity at $3.86 billion. BSC had second and Ethereum had third with their respective values of $3.58 billion and $2.71 billion, respectively. Base had a volume amounting to $ 1.42 billion, and Arbitrum had $695.82 million. Hyperliquid L1 and Sui made 461.63 million and $286.77 million, respectively. This information demonstrates the competitive environment of the blockchain ecosystem and its expanding presence.
Solana has had 12 days of positive inflows, and the amount has been added to at least 18.1 million today. This makes the cumulative inflows impressive, with a figure of 369 million.
The continuous inflow of investments in Solana ETFs reflects the increasing amount of investor confidence in the future of the cryptocurrency. The trend persists as Solana eyes recovery as the crypto market faces a sell-off.
The SOL price traded at $153 on November 13, 2025, showing a slight drop of 2% in the last 24 hours.
The MACD (Moving Average Convergence Divergence) indicates a downward movement. The MACD is currently in negative values, and the histogram is decreasing steadily. The bars in the histogram are reducing, which is a sign of a decline in selling pressure.
The Relative Strength Index (RSI) is at 36, meaning that the asset is approaching oversold levels. On the upside, $160 remains a key resistance zone. A break above this could open the path towards the next major resistance level at $170. Should SOL manage to exceed this, $180 could be the next target in the medium term as the Solana long-term prediction remains bullish.
The next important level is at $150, and another important level is at about $145. A further fall below these levels may result in a further fall to more than $140 or below.
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