Solana Up More Than 6% In 24 hours
Portfolio Pulse from Benzinga Insights
Solana (SOL) has seen a 6.02% price increase in the past 24 hours, continuing a positive trend with a 2.0% gain over the past week. The coin's trading volume has decreased by 1.0%, while its circulating supply has increased by 0.55%. Solana's current market cap is $68.29 billion, ranking it #5.
May 15, 2024 | 3:01 pm
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POSITIVE IMPACT
Solana (SOL) has experienced a 6.02% price increase in the past 24 hours, continuing a positive trend with a 2.0% gain over the past week. Despite a 1.0% decrease in trading volume, the circulating supply has increased by 0.55%.
The significant price increase in the past 24 hours and the continued positive trend over the past week indicate strong short-term bullish sentiment for Solana. The decrease in trading volume is offset by the increase in circulating supply, suggesting sustained investor interest.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100