Solana Decreases More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Solana's (CRYPTO: SOL) price has dropped 4.89% in the last 24 hours to $54.19, continuing a weekly negative trend with a 9.0% loss. Trading volume decreased by 33.0%, while circulating supply rose by 0.73% to over 423.43 million. Solana's market cap ranks #7 at $23.04 billion.
November 27, 2023 | 3:00 pm
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Solana (SOL) has experienced a significant price drop and decrease in trading volume, indicating bearish sentiment among investors.
The price of Solana has seen a notable decline both over the past 24 hours and the past week, which is typically a negative indicator for short-term price movement. The decrease in trading volume suggests lower investor interest, which could further pressure the price. The increase in circulating supply may also contribute to downward price pressure.
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