Solana 1-Day Trading Volume Hits $4.21 Billion (SOL)

Solana (SOL) traded 2.2% lower against the US dollar during the 1 day period ending at 11:00 AM Eastern on January 9th. During the last seven days, Solana has traded 6.6% lower against the US dollar. One Solana coin can now be purchased for $192.70 or 0.00204032 BTC on major exchanges. Solana has a total market cap of $93.22 billion and $4.21 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • SolvBTC (SOLVBTC) traded 1.4% lower against the dollar and now trades at $93,713.39 or 0.99222627 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded down 1.8% against the dollar and now trades at $92,933.89 or 0.98397298 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 launched on March 16th, 2020. Solana’s total supply is 591,876,462 coins and its circulating supply is 483,747,312 coins. 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. 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.”

Solana Coin Trading

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

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