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Price Analysis: The Price Of Solana (SOL) Increased More Than 8% Within 24 Hours

Price Analysis: The Price Of Solana (SOL) Increased More Than 8% Within 24 Hours

Over the past 24 hours, the price of Solana (SOL) has increased 8.09% to $161.41. 

SOL Price Chart | Source: Coinstats

 

This continues its positive trend over the past week where it has experienced a 23.0% gain, moving from $129.94 to its current price. 

As it stands right now, the coin’s all-time high is $259.96.

See Also: Bitcoin Close To New All-time High Of $73k

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).

Solana 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 decreased 17.0% over the past week, while the overall circulating supply of the coin has increased 0.98% to over 443.53 million. 

Solana Circulating Supply and Trading Volume

 

The current market cap ranking for SOL is #5 at $71.61 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.

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