Solana Falls More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Solana's (CRYPTO: SOL) price has decreased by 4.0% over the past 24 hours to $23.88, contrary to its performance over the past week where it has experienced an up-trend of 3.0%. The trading volume for the coin has fallen 10.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has decreased 0.13%. The current market cap ranking for SOL is #10 at $9.66 billion.
July 31, 2023 | 7:00 pm
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Solana's price has decreased by 4.0% over the past 24 hours, despite a weekly up-trend of 3.0%. The trading volume has also decreased by 10.0% over the past week.
The decrease in Solana's price, along with a decrease in trading volume, indicates a potential short-term bearish trend for the cryptocurrency. The decrease in circulating supply could also contribute to this trend.
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