BitcoinWorld

Crypto News News

Price Analysis: Solana Decreases More Than 4% Within 24 Hours

Price Analysis: Solana Decreases More Than 4% Within 24 Hours

Over the past 24 hours, the price of Solana (SOL) has fallen 4.84% to $107.69. 

SOL Price Chart | Source: Coinstats

 

This continues its negative trend over the past week where Solana (SOL) has experienced a 0.0% loss, moving from $109.83 to its current price.

See Also: Choosing The Best Cryptos For Mining: Essential Factors To Consider

The chart below compares the price movement and volatility for Solana over the past 24 hours (left) to its price movement over the past week (right). 

SOL Price and Volatility Chart

 

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. 

The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has tumbled 39.0% over the past week while the circulating supply of the coin has risen 0.19%. 

SOL Circulating Supply and Trading Volume

 

This brings the circulating supply to 440.84 million. 

According to our data, the current market cap ranking for SOL is #5 at $47.41 billion.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

#Binance #WRITE2EARN

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.