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Solana price Analysis for March 13

Solana price fluctuates; resistance holds, investors watch opportunities.

Haider Ali by Haider Ali
2 months ago
in Price Analysis
Reading Time: 4 mins read
0
Solana price Analysis for March 13

On March 13, 2025, the Solana price is valued at $126.87. Since yesterday, the Solana price has gone up and down, reaching $130.46 and falling to $122.56 within that time. Solana undergoes minimal growth at 0.01928% (+$2.40) but suffers from industry-wide market losses.

The value of Solana decreased by 16.28% during the past seven days and lost 38.79% of its worth in the last thirty days despite minor market changes. The market trends, economic conditions, and investor concerns drive the Solana price decrease. Investors see this temporary Solana price decrease as an opportunity to buy SOL before it could resume its upward trend.

Table of Contents

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    • Related articles
    • Bitcoin Price Analysis for March 24
    • Dogecoin Price Analysis for March 24
  • Recent Performance and Market Sentiment
  • Solana price Analysis
  • On-Chain and Market Indicators
  • Solana price Prediction
  • Crypto Analyst Prediction
  • Conclusion

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Source:CoinMarketCap

Recent Performance and Market Sentiment

The market value of Solana has decreased significantly during its current trend cycle. Professional traders tend to sell their Solana, while serious investors tend to buy at their selected points. In the last month, the Solana had a significant drop of 39%, showing strong resistance to upward rallies.

The crypto market continues to recognize Solana’s role as a leading blockchain technology provider, especially in DeFi and NFT developments. Current short-term trading influences the Solana price, and the established investor activity remains unchanged.

Solana price Analysis

Solana is trying to maintain support around $121.41 at this time. The market should experience a short-term recovery if this obstacle stays strong. When traders push the Solana price down through $121.41 support, Solana may keep falling until it hits $118–$120.

On the upside, $133.95 serves as the next resistance level. When the Solana moves over $133.95, it may experience a temporary market improvement. The price of SOL will face difficulties moving up until buying increases across the market.

Solana stays under both its 50-day and 200-day moving average lines since traders and investors remain negative on the market. Solana price Relative Strength Index stands at 35, showing that it is moving toward oversold status. When investors begin buying more SOL again, a Solana price reversal will probably happen.

Source:TradingView

On-Chain and Market Indicators

Investors keep trading SOL heavily because they show strong interest in buying and selling the asset. Solana remains actively monitored as Solana’s blockchain performance keeps growing with more transactions on DeFi platforms and NFT marketplaces. The network’s strong levels of activity protect the Solana price against major fluctuations.

The decrease in Solana has not led institutions to lose their enthusiasm for investing in Solana. Investors continue to place their faith in Solana as the blockchain demonstrates its track record of fast and cheap transaction processing.

Solana price Prediction

Solana price will most likely trade between $121.41 and $133.95 throughout the current day, according to market movements and technical analysis. Market experts predict the Solana price will rest at $126.75 when day trading ends.

More purchasing activity would let the Solana price exceed its $130 resistance to move toward $133.95. A price advance above $133.95 would display recovery potential at a larger scale because it would prove the market has regained momentum.

Strong pressure from investors selling Solana will result in the Solana price going below $121.41, followed by additional market drops. The price should reach $118–$120 next as it searches for new support barriers.

Crypto Analyst Prediction

The Solana blockchain created new transaction history in September 2024, surpassing $3 billion in transfer volume for the first time, according to Glassnode data.

More investors have started to use Solana because its blockchain can process transactions at high speed. The recent $125.65 price on CoinMarketCap represents Solana’s market value which generated $4.1 billion in trades over the last day.

Market analysts expect Solana to trade between $114.41 and $133.95 during March of 2025 as its network sees increasing activity.

Source:X

Conclusion

Although the Solana experienced recent declines, it maintains stable underlying market conditions. The blockchain sector keeps expanding in DeFi, NFTs, and business markets, which creates strong bases for Solana price growth in the future. Traders need to track significant support and resistance barriers to predict market shifts in the near future.

Tags: DefiNFTSOLSolanaSolana Price Analysis
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Haider Ali

Haider Ali

Haider Ali is an experienced Crypto Analyst with expertise in blockchain technology, decentralized finance (DeFi), and market analysis. He provides data-driven insights and predictions, helping investors and institutions navigate the dynamic cryptocurrency market. Known for his technical analysis and understanding of macroeconomic trends, Haider specializes in major cryptocurrencies like Bitcoin and Ethereum, as well as emerging blockchain projects.

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