Solana Market Capitalization Achieves $77.30 Billion (SOL)

Solana (SOL) traded up 1.3% against the dollar during the 1-day period ending at 8:00 AM ET on November 4th. During the last week, Solana has traded 7.3% lower against the dollar. Solana has a total market cap of $77.30 billion and $2.86 billion worth of Solana was traded on exchanges in the last 24 hours. One Solana coin can currently be purchased for about $164.14 or 0.00238241 BTC on popular exchanges.

Here is how related 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 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1% higher against the dollar and now trades at $68,816.79 or 0.99883374 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.6% higher against the dollar and now trades at $68,532.81 or 0.99471188 BTC.

Solana Coin Profile

Solana uses the hashing algorithm. It launched on March 16th, 2020. Solana’s total supply is 587,817,303 coins and its circulating supply is 470,924,934 coins. Solana’s official Twitter account is @solana and its Facebook page is accessible here. 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. Solana’s official message board is solana.com/news.

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 possible to purchase alternative cryptocurrencies such as Solana directly using U.S. dollars. Investors seeking to trade Solana should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Solana using one of the aforementioned exchanges.

SOL/USD price chart by TradingView