Solana Rises More Than 7% In 24 hours
Portfolio Pulse from Benzinga Insights
Solana's (CRYPTO: SOL) price has risen 7.26% to $34.78 in the past 24 hours, continuing its positive trend over the past week with a 19.0% gain. The trading volume for the coin has decreased 4.0% over the past week, while the overall circulating supply of the coin has increased 1.75% to over 419.29 million. The current market cap ranking for SOL is #8 at $14.56 billion.
October 30, 2023 | 3:00 pm
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Solana's price has risen 7.26% in the past 24 hours, continuing its positive trend over the past week with a 19.0% gain. The trading volume has decreased 4.0% over the past week, while the circulating supply has increased 1.75%.
The rise in Solana's price, along with the increase in its circulating supply, indicates a positive market sentiment towards the cryptocurrency. However, the decrease in trading volume could suggest a potential slowdown in its price momentum.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100