Solana Decreases More Than 9% Within 24 hours
Portfolio Pulse from Benzinga Insights
Solana (SOL) has experienced a significant price drop of 9.64% in the past 24 hours, continuing its downward trend over the past week with an 11.0% decrease. Despite the price drop, trading volume has increased by 19.0% over the past week, and the circulating supply has increased by 0.31%. Solana's market cap is currently ranked #5 at $61.27 billion.
June 18, 2024 | 7:00 pm
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NEGATIVE IMPACT
Solana (SOL) has seen a sharp decline of 9.64% in the past 24 hours, continuing its downward trend over the past week. Despite the price drop, trading volume has increased by 19.0%, and the circulating supply has increased by 0.31%.
The significant price drop of 9.64% in the past 24 hours and 11.0% over the past week indicates a bearish trend for Solana. The increase in trading volume suggests heightened market activity, but the overall sentiment remains negative due to the price decline.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100