Solana (SOL) Market Capitalization Reaches $82.34 Billion

Solana (SOL) traded down 3.2% against the dollar during the twenty-four hour period ending at 14:00 PM ET on October 30th. During the last seven days, Solana has traded 4.9% higher against the dollar. Solana has a total market capitalization of $82.34 billion and $3.04 billion worth of Solana was traded on exchanges in the last 24 hours. One Solana coin can currently be bought for $175.05 or 0.00243721 BTC on popular cryptocurrency exchanges.

Here’s how similar 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 2.2% lower 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 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 0.3% higher against the dollar and now trades at $71,792.37 or 0.99957907 BTC.
• SolvBTC (SOLVBTC) traded down 0.6% against the dollar and now trades at $71,618.66 or 0.99716041 BTC.

Solana Profile

Solana (SOL) uses the hashing algorithm. It was first traded on March 16th, 2020. Solana’s total supply is 587,537,301 coins and its circulating supply is 470,379,036 coins. Solana’s official website is solana.com. 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. Solana’s official Twitter account is @solana and its Facebook page is accessible 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 acquire Solana should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. 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