Solana Price Up 0.9% This Week (SOL)

Solana (SOL) traded 0.1% lower against the US dollar during the 1-day period ending at 0:00 AM E.T. on November 1st. Solana has a total market capitalization of $78.62 billion and $2.87 billion worth of Solana was traded on exchanges in the last 24 hours. During the last seven days, Solana has traded 0.9% higher against the US dollar. One Solana coin can currently be purchased for $166.99 or 0.00240136 BTC on major exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 0.2% higher against the dollar and now trades at $69,625.63 or 1.00124663 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.1% lower against the dollar and now trades at $69,447.34 or 0.99868270 BTC.

Solana Coin Profile

Solana (CRYPTO:SOL) uses the hashing algorithm. Its launch date was March 16th, 2020. Solana’s total supply is 587,675,584 coins and its circulating supply is 470,834,628 coins. Solana’s official Twitter account is @solana and its Facebook page is accessible here. 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. Solana’s official website is solana.com.

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 currently possible to buy alternative cryptocurrencies such as Solana directly using US dollars. Investors seeking to acquire Solana should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Solana using one of the exchanges listed above.

SOL/USD price chart by TradingView