Solana Falls More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Solana's (CRYPTO: SOL) price has decreased by 4.14% over the past 24 hours to $22.93, contrary to its performance over the past week where it experienced an up-trend of 22.0%. The trading volume for the coin has increased 123.0% over the past week, while the overall circulating supply of the coin has decreased 0.5%. The current market cap ranking for SOL is #8 at $9.44 billion.
October 04, 2023 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Solana's price has decreased by 4.14% in the past 24 hours, despite a weekly uptrend of 22.0%. Trading volume has increased 123.0% over the past week.
The decrease in Solana's price over the past 24 hours, despite its weekly uptrend, could negatively impact its short-term price. The increase in trading volume suggests heightened interest, which could lead to increased volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100