Solana Up More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Solana (CRYPTO: SOL) has seen a significant increase of 4.16% in the last 24 hours, reaching a price of $117.85. Over the past week, the cryptocurrency has surged over 61%, rising from $71.25. Despite this growth, it remains below its all-time high of $259.96. The trading volume has increased by 90% over the past week, while the circulating supply has slightly decreased by 0.38%, now standing at 427.47 million. Solana currently holds the #4 market cap ranking at $50.09 billion.
December 25, 2023 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Solana's price has risen by over 61% in the past week and 4.16% in the last 24 hours, with an increase in trading volume and a slight decrease in circulating supply.
The significant price increase and higher trading volume indicate strong market interest and momentum for Solana, which could lead to further short-term gains. The slight decrease in circulating supply may also contribute to upward price pressure.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100