Solana Price Tops $122.74 (SOL)

Solana (SOL) traded 3.6% lower against the US dollar during the 1 day period ending at 11:00 AM ET on March 18th. Over the last seven days, Solana has traded down 0.4% against the US dollar. One Solana coin can now be purchased for $122.74 or 0.00150052 BTC on cryptocurrency exchanges. Solana has a market cap of $62.60 billion and $2.80 billion worth of Solana was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed over the last day:

• Taiko (TAIKO) traded down 3.2% against the dollar and now trades at $0.62 or 0.00000758 BTC.
• 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 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.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.1% lower against the dollar and now trades at $82,698.77 or 1.01629222 BTC.
• SolvBTC (SOLVBTC) traded 2% lower against the dollar and now trades at $81,317.55 or 0.99414510 BTC.

Solana Profile

Solana uses the hashing algorithm. It was first traded on March 16th, 2020. Solana’s total supply is 596,489,410 coins and its circulating supply is 510,049,429 coins. Solana’s official Twitter account is @solana and its Facebook page is accessible here. 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. 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.”

Buying and Selling Solana

It is usually not currently possible to buy alternative cryptocurrencies such as Solana directly using U.S. dollars. Investors seeking to trade Solana should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. 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