Solana Hits One Day Trading Volume of $13.22 Billion (SOL)

Solana (SOL) traded down 2.4% against the dollar during the 24 hour period ending at 11:00 AM Eastern on January 21st. One Solana coin can currently be purchased for $244.88 or 0.00233165 BTC on popular cryptocurrency exchanges. Solana has a market cap of $119.17 billion and approximately $13.22 billion worth of Solana was traded on exchanges in the last day. In the last week, Solana has traded up 31.6% against the dollar.

Here is how other cryptocurrencies have performed in the last day:

• 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 0.7% against the dollar and now trades at $104,857.12 or 0.99842604 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.8% against the dollar and now trades at $103,891.84 or 0.98923480 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Solana Profile

Solana (SOL) uses the hashing algorithm. It was first traded on March 16th, 2020. Solana’s total supply is 592,563,645 coins and its circulating supply is 486,643,676 coins. Solana’s official message board is solana.com/news. Solana’s official Twitter account is @solana and its Facebook page is accessible here. Solana’s official website is solana.com. 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 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, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Solana using one of the aforementioned exchanges.

SOL/USD price chart by TradingView