That said, more conservative traders may want to wait until Solana breaks and holds above the $23 hurdle. This way they would be in a better position to avoid sudden rollbacks, especially if SOL price fails to rise above the immediate resistance at the 100-day EMA. Despite the fact that an estimated 50 million Solana coins are stuck in cryptocurrency exchanges FTX's Chapter 11 proceedings, Citi Research reported Thursday that activity on the Solana blockchain is still high. According to the analysis, this has drastically decreased the available cryptos and raised the level of doubt surrounding the future of the blockchain. Get big, quick. Solana is made to handle thousands of transactions per second, and fees for both developers and users remain less than $0.0025. Although Bitbuy is a Canadian platform, the most popular way to denominate cryptocurrency values is in USD. The current price of Solana in USD is . Check out Bitbuy Pro Trade to see what you can buy Solana for, or learn How to buy Solana.