Solana Up More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Solana (SOL) has seen a 3.24% price increase in the last 24 hours, contrasting with a 12% loss over the past week. Trading volume decreased by 24% while circulating supply increased slightly. Solana's market cap is ranked #5 at $65.41 billion.
October 04, 2024 | 3:01 pm
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POSITIVE IMPACT
Solana's price increased by 3.24% in the last 24 hours, despite a 12% loss over the past week. Trading volume decreased by 24%, and circulating supply increased by 0.23%.
The short-term price increase of 3.24% suggests positive momentum, despite a weekly decline. The decrease in trading volume and slight increase in supply may indicate reduced market activity, but the overall market cap ranking remains strong.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100