Solana Surges 4.3% to $156.86 on Late-Session Buying Pressure Cardano Gains 2.3% to $0.5702 with Strong Trading Volume Shiba Inu Drops 0.3% to $0.0000115 Amid Volatility

Solana (SOL) experienced a significant surge in the last 24 hours, with a 4.3% increase in price, closing at $156.86. The token traded within a range of $149.71 to $158.34, with a notable volume spike towards the end of the session. The initial trading was steady, with SOL maintaining a value around $156 before dipping to $150 mid-day. The late-session buying pressure drove the price to an intraday high of $158.34, allowing SOL to close in the upper range of the day. The circulating supply of Solana is 534.47 million, contributing to a market capitalization of $83.89 billion and a fully diluted valuation of $94.83 billion. Support is now around the $155 level, with immediate resistance near $158.34. Investors may focus on these levels for short-term strategies, as SOL’s recovery suggests sustained interest and potential for further upward movement.

Cardano (ADA) closed the day at $0.5702, marking a 2.3% gain with approximately $712 million in trading volume. ADA traded between $0.5558 and $0.5827, starting the day near $0.56 before reaching a session high of $0.583 around 5 AM UTC. The price then consolidated in a tight band between $0.565 and $0.570 during mid-day, with volume declining slightly. A late-session recovery brought ADA back to $0.570. Cardano has a circulating supply of 36.13 billion ADA out of a maximum supply of 45 billion, supporting a market cap of $20.56 billion and a fully diluted valuation of $25.61 billion. The $0.565 level serves as key support, while $0.583 is near-term resistance.

Shiba Inu (SHIB) experienced a slight decline of 0.3%, ending the session at $0.0000115. The token traded within a range of $0.0000113 to $0.00001196. Early momentum pushed the price towards the upper end of the range, but selling pressure drove SHIB down to a low of $0.00001112 in the afternoon. A modest recovery followed, with SHIB closing slightly above its low, supported by steady trading volume of $142 million. The circulating supply of SHIB is 589.25 trillion, with a total and fully diluted valuation of $6.78 billion. Support is near $0.00001112, with resistance around $0.00001196. Traders may monitor volatility within this band for short-term positioning.

Despite the overall market volatility, Solana, Cardano, and Shiba Inu have shown resilience and potential for buy-the-dip opportunities. Solana's strong volume surge and late-session breakout indicate sustained interest and potential for further upward movement. Cardano's stable price band and strong circulation metrics suggest a well-distributed supply and ongoing support. Shiba Inu's ability to hold within a defined range with stable volume reflects ongoing interest and limited inflation risk. These factors make these three cryptocurrencies worth considering for investors looking to capitalize on the dip in the market.