Solana (SOL) Reaches 24 Hour Volume of $1.61 Billion

Solana (SOL) traded down 0.3% against the U.S. dollar during the twenty-four hour period ending at 20:00 PM E.T. on November 2nd. Solana has a market cap of $78.02 billion and $1.61 billion worth of Solana was traded on exchanges in the last 24 hours. One Solana coin can currently be purchased for about $165.72 or 0.00239211 BTC on major exchanges. During the last seven days, Solana has traded 2.9% lower against the U.S. dollar.

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

• 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 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 1.2% higher 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.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.2% lower against the dollar and now trades at $69,225.51 or 0.99925964 BTC.
• SolvBTC (SOLVBTC) traded 0.2% lower against the dollar and now trades at $69,222.02 or 0.99920921 BTC.

Solana Coin Profile

Solana uses the hashing algorithm. Its launch date was March 16th, 2020. Solana’s total supply is 587,669,730 coins and its circulating supply is 470,823,155 coins. Solana’s official Twitter account is @solana and its Facebook page is accessible here. Solana’s official website is solana.com. 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.

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Solana using one of the exchanges listed above.

SOL/USD price chart by TradingView