Solana Decreases More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Solana's (CRYPTO: SOL) price has fallen 4.28% to $20.36 in the past 24 hours, continuing its negative trend over the past week with a 4.0% loss. The trading volume for the coin has fallen 54.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has decreased 0.12%. The current market cap ranking for SOL is #10 at $8.33 billion.
August 25, 2023 | 3:00 pm
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NEGATIVE IMPACT
Solana's price has fallen 4.28% in the past 24 hours, continuing its negative trend over the past week. The trading volume for the coin has also fallen 54.0% over the past week.
The decrease in Solana's price and trading volume indicates a negative sentiment among investors, which could continue to drive the price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100