Solana Trading Up 8.5% Over Last Week (SOL)

Solana (SOL) traded down 5.1% against the US dollar during the 24 hour period ending at 16:00 PM E.T. on October 25th. One Solana coin can now be bought for $167.98 or 0.00251030 BTC on popular cryptocurrency exchanges. Over the last week, Solana has traded up 8.5% against the US dollar. Solana has a market cap of $78.98 billion and $4.13 billion worth of Solana was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over 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 2.2% lower 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0944 or 0.00000141 BTC.

Solana Coin Profile

SOL uses the hashing algorithm. It launched on March 16th, 2020. Solana’s total supply is 587,263,261 coins and its circulating supply is 470,203,243 coins. Solana’s official Twitter account is @solana and its Facebook page is accessible here. The official message board for Solana 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. 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 purchase alternative cryptocurrencies such as Solana directly using U.S. dollars. Investors seeking to trade Solana should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Solana using one of the exchanges listed above.

SOL/USD price chart by TradingView