Solana Falls More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Solana (SOL) has experienced a 5.09% price drop in the past 24 hours, continuing a week-long decline of 9.0%. Trading volume has increased by 47.0% over the past week, with a slight increase in circulating supply. Solana's market cap is currently ranked #5 at $70.12 billion.
June 11, 2024 | 3:00 pm
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Solana (SOL) has seen a significant price drop of 5.09% in the past 24 hours, continuing a week-long decline of 9.0%. Trading volume has surged by 47.0% over the past week, indicating increased market activity. The circulating supply has also seen a slight increase.
The significant price drop and increased trading volume suggest heightened market activity and potential investor concern. The continued downward trend over the past week indicates a bearish sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100