Solana (SOL) Hits 1-Day Trading Volume of $4.03 Billion

Solana (SOL) traded up 8.7% against the US dollar during the twenty-four hour period ending at 11:00 AM ET on December 24th. Solana has a market capitalization of $94.47 billion and approximately $4.03 billion worth of Solana was traded on exchanges in the last 24 hours. One Solana coin can now be bought for about $197.03 or 0.00200891 BTC on popular exchanges. In the last week, Solana has traded 12.8% lower against the US dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 4.7% higher against the dollar and now trades at $97,519.60 or 0.99428489 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 4.3% against the dollar and now trades at $96,390.84 or 0.98277637 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Solana Coin Profile

Solana uses the hashing algorithm. It was first traded on March 16th, 2020. Solana’s total supply is 590,788,177 coins and its circulating supply is 479,443,914 coins. Solana’s official Twitter account is @solana and its Facebook page is accessible here. The official website for Solana is solana.com. Solana’s official message board is solana.com/news. The Reddit community for Solana is https://reddit.com/r/solana and the currency’s Github account can be viewed here.

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.”

Buying and Selling Solana

It is usually not currently possible to purchase alternative cryptocurrencies such as Solana directly using US dollars. Investors seeking to trade Solana should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Solana using one of the aforementioned exchanges.

SOL/USD price chart by TradingView