Solana (SOL) is currently trading at $194.69, experiencing a 4.0% decline over the past 24 hours. The cryptocurrency is holding a critical support level at $191.75, with resistance at $203.68. A breakout above this resistance could propel SOL towards the $290–$300 range if momentum increases. Market participants are closely watching the upcoming Federal Reserve rate decision and Trump-Xi trade talks, which are anticipated to influence short-term volatility in the crypto market.