Solana Down More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Solana's price has dropped by 4.18% in the last 24 hours, continuing a week-long decline of 7%. Trading volume has decreased by 8%, while circulating supply increased slightly. Solana's market cap is ranked #5 at $58.49 billion.
September 06, 2024 | 7:02 pm
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Solana's price has decreased by 4.18% in the last 24 hours, continuing a week-long decline of 7%. Trading volume has decreased by 8%, while circulating supply increased slightly. Solana's market cap is ranked #5 at $58.49 billion.
The decline in Solana's price over the past 24 hours and week, combined with decreased trading volume, suggests a negative short-term impact on its price. The increase in circulating supply may also contribute to downward pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100