Alpha Analysis

Comprehensive Analysis of Solana (SOL) 1. Technical Analysis Solana (SOL) experienced a notable decline in price from July 28 to August 4, 2025. The price peaked at $183 on July 28 and gradually decreased to $168 by August 4. This downward trend indicates a bearish sentiment in the short term. Trading volume showed significant fluctuations during this period. The highest volume was recorded on July 28 at $11,770,128,039, coinciding with the peak price. Subsequent days saw lower volumes, with a notable spike on August 1 at $8,538,776,602, suggesting increased market activity during price corrections. The market capitalization followed a similar downward trend, dropping from $98,617,761,327 on July 28 to $90,706,557,528 on August 4. This decline aligns with the price trend, reflecting a decrease in overall market value. Chart Analysis The technical chart indicates a bearish trend with lower highs and lower lows. The volume surges during price drops suggest sell-offs, furthe...

Comprehensive Analysis of Solana (SOL) 1. Technical Analysis Solana (SOL) experienced a notable downtrend from July 25 to August 1, 2025. The price peaked at $189 on July 27 but has since declined, reaching $164 by August 1. This downward movement indicates a bearish trend, with the price decreasing by approximately 13.2% over this period. Trading volume has been volatile, with significant spikes and drops. The highest volume was recorded on July 28 at $11,770,128,039, coinciding with a price drop to $183. This high volume suggests substantial market activity and potential sell-offs. Overall, the volume has been declining, which could indicate waning interest or a consolidation phase. The market capitalization followed a similar downward trajectory, decreasing from $100,131,491,670 on July 25 to $88,404,788,380 on August 1. This represents a decline of approximately 11.7%, aligning with the price drop and confirming the bearish trend. 2. Sentiment Analysis The sentiment...