Solana Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Solana (SOL) has experienced a 3.1% price decrease over the past 24 hours, continuing a downward trend of -2.0% over the past week. Trading volume has decreased by 46.0%, while circulating supply has increased by 2.15%. SOL's market cap is currently ranked #5 at $75.99 billion.
May 31, 2024 | 7:01 pm
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NEGATIVE IMPACT
Solana (SOL) has seen a 3.1% price drop in the last 24 hours and a 2.0% decline over the past week. Trading volume has decreased by 46.0%, while circulating supply has increased by 2.15%.
The significant decrease in trading volume and the increase in circulating supply, coupled with the price decline, suggest a bearish sentiment in the short term for Solana.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100