Solana Down More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Solana (SOL) has experienced a 5% price drop in the past 24 hours, continuing a week-long decline of 12%. Trading volume has decreased by 19% over the past week, while circulating supply has increased slightly by 0.26%. Solana's market cap is currently ranked #5 at $65.13 billion.
June 14, 2024 | 7:02 pm
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Solana (SOL) has seen a significant price drop of 5% in the past 24 hours, continuing a week-long decline of 12%. Trading volume has decreased by 19% over the past week, while circulating supply has increased slightly by 0.26%.
The significant price drop and decreased trading volume indicate a bearish trend for Solana in the short term. The slight increase in circulating supply adds to the downward pressure on the price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100