Solana (SOL) Reaches 24 Hour Trading Volume of $3.84 Billion

Solana (SOL) traded 2.5% lower against the US dollar during the one day period ending at 10:00 AM E.T. on December 8th. One Solana coin can currently be purchased for about $235.58 or 0.00236581 BTC on popular exchanges. Solana has a market cap of $112.14 billion and approximately $3.84 billion worth of Solana was traded on exchanges in the last 24 hours. During the last week, Solana has traded down 1.1% against the US dollar.

Here is how similar cryptocurrencies have performed during 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 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.
• SolvBTC (SOLVBTC) traded 0.4% higher against the dollar and now trades at $99,704.10 or 1.00128120 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.4% against the dollar and now trades at $99,487.68 or 0.99910778 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Solana Coin Profile

Solana uses the hashing algorithm. It was first traded on March 16th, 2020. Solana’s total supply is 589,693,522 coins and its circulating supply is 476,007,894 coins. 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. Solana’s official Twitter account is @solana and its Facebook page is accessible here. 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.”

Solana Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Solana directly using US dollars. Investors seeking to acquire Solana should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. 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