Solana (SOL) Price Hits $172.02 on Top Exchanges

Solana (SOL) traded up 4.1% against the dollar during the twenty-four hour period ending at 23:00 PM E.T. on October 26th. During the last seven days, Solana has traded 8.7% higher against the dollar. One Solana coin can now be purchased for approximately $172.02 or 0.00256389 BTC on popular cryptocurrency exchanges. Solana has a total market capitalization of $80.88 billion and $2.33 billion worth of Solana was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during 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 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.

About Solana

Solana (CRYPTO:SOL) uses the hashing algorithm. Its launch date was March 16th, 2020. Solana’s total supply is 587,252,947 coins and its circulating supply is 470,186,101 coins. The Reddit community for Solana is https://reddit.com/r/solana and the currency’s Github account can be viewed here. Solana’s official website is solana.com. The official message board for Solana is solana.com/news. Solana’s official Twitter account is @solana and its Facebook page is accessible 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 buy alternative cryptocurrencies such as Solana directly using US dollars. Investors seeking to trade Solana should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Solana using one of the aforementioned exchanges.

SOL/USD price chart by TradingView