Solana News: Temporary Dip in Price Seen as Short-Term Hindrance to Wider Upward Trajectory

A recent analysis of Solana’s ($SOL) price movements reveals a slight dip in the past 24 hours, but experts believe this is just a temporary stagnation in the cryptocurrency’s upward trajectory.

Solana ($SOL) Price Analysis: Slight 1.84% Dip Signifies Temporary Stagnation

Solana ($SOL) has recently seen a minor price decrease of 1.84% over the past 24 hours, currently trading at $139.59. Despite this slight dip, $SOL has shown a considerable 3.93% price increase over the past seven days. The current market capitalization of $SOL stands at $71,240,276,806.91. This temporary price decrease is seen as a short-term hindrance in Solana’s wider upward price trajectory, with $SOL endeavoring to surpass the $140 mark.

Solana (SOL) Price Prediction for March 27

Currently, Solana (SOL) is trading at $137.85, following a 1.45% decrease in the last 24 hours. This decrease might be attributed to short-term profit-taking or temporary market uncertainty. Despite this, over the past 30 days, SOL has only declined by 0.16%, which shows that the medium-term trend is largely stable. On the daily chart, Solana is trading near its 50-day moving average, which is currently acting as dynamic support. However, the longer-term 200-day moving average is still above the current price, suggesting that while the short-term trend might be rebounding, the overall long-term trend retains some bearish characteristics.

New Solana DEX PumpSwap Gains Traction – Can it Send SOL to $1,000?

Solana has declined by 4% in the past 24 hours, slipping to $137 as the crypto market drops by 3.5% due to US tariffs on car imports. SOL remains up by 5% in a week and by 8.5% in the past fortnight, with a 26% decline over the last 12 months. Despite difficulties since January, Solana could recover soon, with the launch of new DEX PumpSwap helping to resuscitate the Solana-based meme coin market. PumpSwap hit $1.28 billion in daily volume yesterday, suggesting Solana could take off under favorable financial and economic conditions.

Solana: The Next Crypto to Break Out? SOL Faces 67% Upside to $230

The digital asset industry has been a focal point of 2025, with a turnaround widely expected. Solana could be the next crypto to break out, with SOL facing a 67% upside to $230. Currently the sixth largest crypto by market cap, Solana looks to be in line to be the next approved crypto-based ETF in the United States and may end the year as one of the biggest gainers.