Solana Up More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Solana's (CRYPTO: SOL) price has increased by 3.5% over the past 24 hours to $19.49, despite a 0.0% loss over the past week. The coin's all-time high is $259.96. The trading volume for the coin has decreased by 35.0% over the past week, while the overall circulating supply of the coin has increased by 0.04% to over 412.71 million. The current market cap ranking for SOL is #10 at $8.02 billion.
September 28, 2023 | 3:00 pm
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POSITIVE IMPACT
Solana's price has increased by 3.5% over the past 24 hours, despite a 0.0% loss over the past week. The trading volume has decreased by 35.0%, while the circulating supply has increased by 0.04%.
The increase in Solana's price over the past 24 hours, despite a decrease in trading volume, suggests a positive sentiment among the remaining traders. 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 75
RELEVANCE 100