Solana Up More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Solana (CRYPTO: SOL) has seen a price increase of 3.22% in the last 24 hours, reaching $158.14, with an 18% increase over the past week from $131.71. Despite a 54% drop in trading volume and a slight decrease in circulating supply to 447.05 million, SOL's market cap ranks #5 at $70.29 billion. The volatility and price movement are illustrated with Bollinger Bands in the provided chart.
April 23, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Solana's price increased by 3.22% in the last 24 hours to $158.14, with an 18% increase over the past week, despite a significant drop in trading volume and a slight decrease in circulating supply.
The price increase of Solana (SOL) over the past 24 hours and week indicates strong market performance and investor confidence, despite a decrease in trading volume and circulating supply. The significant market cap ranking suggests a robust position in the cryptocurrency market, potentially attracting more investors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100