The post Solana (SOL) Price Analysis for October 24 appeared on BitcoinEthereumNews.com. The rates of most of the coins are in the green zone at the end of the week, according to CoinStats. SOL chart by CoinStats SOL/USD The price of Solana (SOL) has risen by 1.22% over the last 24 hours. Image by TradingView On the hourly chart, the rate of SOL is breaking the local support of $190.82. If the daily bar closes below that mark, the correction is likely to continue to the $185 area. Image by TradingView On the longer time frame, the price of SOL has once again failed to fix above the $195 area.  You Might Also Like If the candle closes with a long wick, sellers may come back to the game, which may lead to a test of the $180-$185 zone soon. Image by TradingView From the midterm point of view, the rate of SOL is near the support level, which means bears are more powerful than bulls. If the situation does not change, traders may witness a test of the $157 mark by the end of the month. SOL is trading at $190.21 at press time. Source: https://u.today/solana-sol-price-analysis-for-october-24-0The post Solana (SOL) Price Analysis for October 24 appeared on BitcoinEthereumNews.com. The rates of most of the coins are in the green zone at the end of the week, according to CoinStats. SOL chart by CoinStats SOL/USD The price of Solana (SOL) has risen by 1.22% over the last 24 hours. Image by TradingView On the hourly chart, the rate of SOL is breaking the local support of $190.82. If the daily bar closes below that mark, the correction is likely to continue to the $185 area. Image by TradingView On the longer time frame, the price of SOL has once again failed to fix above the $195 area.  You Might Also Like If the candle closes with a long wick, sellers may come back to the game, which may lead to a test of the $180-$185 zone soon. Image by TradingView From the midterm point of view, the rate of SOL is near the support level, which means bears are more powerful than bulls. If the situation does not change, traders may witness a test of the $157 mark by the end of the month. SOL is trading at $190.21 at press time. Source: https://u.today/solana-sol-price-analysis-for-october-24-0

Solana (SOL) Price Analysis for October 24

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

The rates of most of the coins are in the green zone at the end of the week, according to CoinStats.

SOL chart by CoinStats

SOL/USD

The price of Solana (SOL) has risen by 1.22% over the last 24 hours.

Image by TradingView

On the hourly chart, the rate of SOL is breaking the local support of $190.82. If the daily bar closes below that mark, the correction is likely to continue to the $185 area.

Image by TradingView

On the longer time frame, the price of SOL has once again failed to fix above the $195 area. 

You Might Also Like

If the candle closes with a long wick, sellers may come back to the game, which may lead to a test of the $180-$185 zone soon.

Image by TradingView

From the midterm point of view, the rate of SOL is near the support level, which means bears are more powerful than bulls. If the situation does not change, traders may witness a test of the $157 mark by the end of the month.

SOL is trading at $190.21 at press time.

Source: https://u.today/solana-sol-price-analysis-for-october-24-0

Market Opportunity
Solana Logo
Solana Price(SOL)
$84.73
$84.73$84.73
+0.10%
USD
Solana (SOL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

The post Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO appeared on BitcoinEthereumNews.com. Aave DAO is gearing up for a significant overhaul by shutting down over 50% of underperforming L2 instances. It is also restructuring its governance framework and deploying over $100 million to boost GHO. This could be a pivotal moment that propels Aave back to the forefront of on-chain lending or sparks unprecedented controversy within the DeFi community. Sponsored Sponsored ACI Proposes Shutting Down 50% of L2s The “State of the Union” report by the Aave Chan Initiative (ACI) paints a candid picture. After a turbulent period in the DeFi market and internal challenges, Aave (AAVE) now leads in key metrics: TVL, revenue, market share, and borrowing volume. Aave’s annual revenue of $130 million surpasses the combined cash reserves of its competitors. Tokenomics improvements and the AAVE token buyback program have also contributed to the ecosystem’s growth. Aave global metrics. Source: Aave However, the ACI’s report also highlights several pain points. First, regarding the Layer-2 (L2) strategy. While Aave’s L2 strategy was once a key driver of success, it is no longer fit for purpose. Over half of Aave’s instances on L2s and alt-L1s are not economically viable. Based on year-to-date data, over 86.6% of Aave’s revenue comes from the mainnet, indicating that everything else is a side quest. On this basis, ACI proposes closing underperforming networks. The DAO should invest in key networks with significant differentiators. Second, ACI is pushing for a complete overhaul of the “friendly fork” framework, as most have been unimpressive regarding TVL and revenue. In some cases, attackers have exploited them to Aave’s detriment, as seen with Spark. Sponsored Sponsored “The friendly fork model had a good intention but bad execution where the DAO was too friendly towards these forks, allowing the DAO only little upside,” the report states. Third, the instance model, once a smart…
Share
BitcoinEthereumNews2025/09/18 02:28
Trump erupts at Fox News reporter during  roundtable: 'What a stupid question'

Trump erupts at Fox News reporter during  roundtable: 'What a stupid question'

An agitated President Donald Trump lashed out at two reporters during his White House “Saving College Sports” roundtable, complaining that the journalists failed
Share
Rawstory2026/03/07 07:19
Lyn Alden Tips Bitcoin Outperforming Gold Through to 2029

Lyn Alden Tips Bitcoin Outperforming Gold Through to 2029

The post Lyn Alden Tips Bitcoin Outperforming Gold Through to 2029 appeared on BitcoinEthereumNews.com. Bitcoin is likely to outperform gold on price performance
Share
BitcoinEthereumNews2026/03/07 07:22