The price of SOL has increased by 4% in the past 24 hours and is currently at $129.9. Its market cap has exceeded $58 billion, and the daily trading volume stands at $4.1 billion. There has been a decrease in open interest, potentially indicating reduced price volatility and liquidations.<\/p>\n
Data from a market intelligence platform reveals that the ratio of long to short trading positions on Binance has halved since April 29, as SOL’s price has been on a downward trend. This suggests an increase in trading contracts betting against a price increase. According to Santiment, the SOL Relative Strength Index (RSI) has risen from 43 to 50 in the past 24 hours.<\/p>\n
This indicates that the asset is currently neither undervalued nor overvalued due to the bearish market conditions. To remain in a bullish zone, SOL’s RSI would need to stay below the 50 mark. An RSI exceeding 50 could suggest higher price volatility and potential whale manipulation.<\/p>\n","protected":false},"excerpt":{"rendered":"
The price of SOL has increased by 4% in the past 24 hours and is currently at $129.9. Its market cap has exceeded $58 billion, […]<\/p>\n","protected":false},"author":1,"featured_media":1759,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[121],"tags":[],"class_list":["post-1760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solana-sol"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=1760"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/1759"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=1760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=1760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=1760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}