Solana One Day Trading Volume Tops $3.29 Billion (SOL)

Solana (SOL) traded 0.4% lower against the dollar during the 1-day period ending at 7:00 AM ET on February 17th. One Solana coin can now be purchased for approximately $84.95 or 0.00125406 BTC on major exchanges. In the last seven days, Solana has traded 0.9% higher against the dollar. Solana has a market capitalization of $44.62 billion and approximately $3.29 billion worth of Solana was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in 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 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 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.9% lower against the dollar and now trades at $68,566.11 or 0.99677354 BTC.
• SolvBTC (SOLVBTC) traded 1.4% lower against the dollar and now trades at $67,836.81 or 1.00139985 BTC.

Solana Profile

Solana (SOL) uses the hashing algorithm. It launched on March 16th, 2020. Solana’s total supply is 620,525,682 coins and its circulating supply is 525,236,893 coins. Solana’s official Twitter account is @solana and its Facebook page is accessible here. Solana’s official website is solana.com. The official message board for Solana 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.”

Buying and Selling Solana

It is usually not presently possible to buy alternative cryptocurrencies such as Solana directly using U.S. dollars. Investors seeking to acquire Solana should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Solana using one of the aforementioned exchanges.

SOL/USD price chart by TradingView