Solana (SOL) One Day Trading Volume Hits $2.51 Billion

Solana (SOL) traded 0.3% lower against the US dollar during the one day period ending at 21:00 PM E.T. on April 29th. Over the last seven days, Solana has traded down 12.6% against the US dollar. Solana has a total market cap of $61.80 billion and $2.51 billion worth of Solana was traded on exchanges in the last day. One Solana coin can now be purchased for approximately $138.15 or 0.00215559 BTC on major exchanges.

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

• KILT Protocol (KILT) traded down 0.6% against the dollar and now trades at $0.30 or 0.00000461 BTC.
• 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• BitcoinBR (BTCBR) traded down 83.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.

Solana Coin Profile

SOL uses the hashing algorithm. It was first traded on March 16th, 2020. Solana’s total supply is 574,912,285 coins and its circulating supply is 447,322,335 coins. The official message board for Solana is solana.com/news. Solana’s official website is solana.com. Solana’s official Twitter account is @solana and its Facebook page is accessible here. 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 high-performance blockchain that uses a delegated Proof-of-Stake (dPoS) consensus algorithm and a unique method of ordering transactions to improve speed and throughput. It can process over 50,000 transactions per second and has 400ms block times, allowing it to scale without relying on Layer-2 systems or sharding. The network has processed over 21 billion transactions and has a native cryptocurrency, the SOL utility token, which is used to pay for transaction fees and interact with smart contracts on the blockchain. It can also be staked to earn staking rewards. Decentralized applications being built on Solana may create additional use cases for the SOL token, such as being used as collateral for loans or earning interest when lent out.”

Buying and Selling Solana

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