Over the past 24 hours, Solana’s price has fallen 4.89% to $53.64. This continues its negative trend over the past week where it has experienced a 9.0% loss, moving from $58.29 to its current price.
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).
Read Also: Solana Rallies, Soared Above $54: What Is Next For SOL?
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 33.0% over the past week, while the overall circulating supply of the coin has increased 0.73% to over 423.43 million. The current market cap ranking for SOL is #7 at $23.04 billion.
