Solana Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Solana's (CRYPTO: SOL) price has decreased by 3.58% over the past 24 hours to $18.81, contrary to its performance over the past week where it has experienced an up-trend of 15.0%. The trading volume for the coin has risen 13.0% over the past week, while the circulating supply has decreased 0.05% to 401.31 million. The current market cap ranking for SOL is #10 at $7.53 billion.
July 05, 2023 | 3:01 pm
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Solana's price has decreased by 3.58% in the past 24 hours, despite a 15% increase over the past week. The trading volume has risen 13%, while the circulating supply has decreased 0.05%.
The decrease in Solana's price over the past 24 hours, despite its uptrend over the past week, could negatively impact its short-term price. The increase in trading volume suggests heightened interest, but the decrease in circulating supply could limit potential gains.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100