The Solana price has dipped by 0.5% in the past 24 hours, although its current level of $145 also marks a 4% gain in a week.
SOL is flat in the past month, but retains a healthy 485% increase in the last 12 months, making it one of the best-performing top-100 coins of this period. Much of its performance stems from its status as the layer-one blockchain of choice for meme coins, with Solana-based tokens WIF, BONK and POPCAT all enjoying strong increase in the past week.