Solana Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Solana's (CRYPTO: SOL) price has decreased 3.96% over the past 24 hours to $19.16, continuing its downward trend over the past week of -8.0%. Trading volume has tumbled 1.0% while circulating supply has risen 0.12% to 396.22 million, with a market cap of $7.60 billion.
May 24, 2023 | 7:00 pm
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NEGATIVE IMPACT
Solana's price has decreased 3.96% in the past 24 hours and 8.0% over the past week. Trading volume has dropped 1.0% while circulating supply has increased 0.12% to 396.22 million.
Solana's price has been on a downward trend, decreasing 3.96% in the past 24 hours and 8.0% over the past week. This negative price movement, combined with a decrease in trading volume and an increase in circulating supply, indicates a bearish short-term outlook for the asset.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100