Solana Up More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Solana's (CRYPTO: SOL) price has increased by 4.84% over the past 24 hours to $19.9, and by over 13.0% over the past week. The coin's all-time high is $259.96. The trading volume for the coin has fallen 39.0% over the past week, while the overall circulating supply has increased 0.29% to 411.40 million. The current market cap ranking for SOL is #11 at $8.18 billion.
September 18, 2023 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Solana's price has increased by 4.84% over the past 24 hours and by over 13.0% over the past week. The trading volume has fallen 39.0% over the past week, while the circulating supply has increased 0.29%.
The increase in Solana's price, despite a decrease in trading volume, suggests a strong demand for the coin. The increase in circulating supply could potentially dilute the value of individual coins, but this doesn't seem to have negatively impacted the price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100