Solana 24 Hour Trading Volume Tops $9.73 Billion (SOL)

by · The Markets Daily

Solana (SOL) traded up 9.5% against the U.S. dollar during the one day period ending at 19:00 PM E.T. on November 6th. One Solana coin can currently be purchased for about $186.99 or 0.00248667 BTC on popular exchanges. Solana has a market cap of $88.18 billion and approximately $9.73 billion worth of Solana was traded on exchanges in the last day. In the last week, Solana has traded up 6.7% against the U.S. dollar.

Here is how similar cryptocurrencies have performed in the last day:

  • Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded 7.9% higher against the dollar and now trades at $75,499.81 or 1.00401811 BTC.
  • SolvBTC (SOLVBTC) traded 7% higher against the dollar and now trades at $75,335.99 or 1.00183949 BTC.

Solana Coin Profile

SOL uses the hashing algorithm. Its genesis date was March 16th, 2020. Solana’s total supply is 587,953,832 coins and its circulating supply is 471,583,493 coins. Solana’s official Twitter account is @solana and its Facebook page is accessible here. The Reddit community for Solana is https://reddit.com/r/solana and the currency’s Github account can be viewed here. Solana’s official message board is solana.com/news. The official website for Solana is solana.com.

According to CryptoCompare, “Solana (SOL) is a highly scalable blockchain platform designed to enable fast, low-cost, and decentralised applications. Its hybrid consensus model, combining Proof of Stake and Proof of History, ensures efficient transaction processing. SOL is the native cryptocurrency used for fees, staking, and governance. Solana was founded by Anatoly Yakovenko and launched in 2020 with a focus on mass adoption, supporting a wide array of use cases including DeFi, NFTs, and gaming.”

Solana Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Solana directly using U.S. dollars. Investors seeking to acquire Solana should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Solana using one of the exchanges listed above.

SOL/USD price chart by TradingView