Solana (SOL) Tops 1-Day Volume of $888.42 Million

Solana (SOL) traded 0.1% lower against the dollar during the 1-day period ending at 0:00 AM E.T. on June 22nd. One Solana coin can currently be purchased for $134.77 or 0.00209374 BTC on cryptocurrency exchanges. Solana has a total market cap of $62.28 billion and $888.42 million worth of Solana was traded on exchanges in the last day. Over the last seven days, Solana has traded down 5.9% against the dollar.

Here’s how other cryptocurrencies have performed over the last day:

  • KILT Protocol (KILT) traded up 3.4% against the dollar and now trades at $0.21 or 0.00000327 BTC.
  • 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.
  • 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.
  • 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 1.4% higher against the dollar and now trades at $0.0108 or 0.00000017 BTC.

Solana Profile

Solana uses the hashing algorithm. It launched on March 16th, 2020. Solana’s total supply is 578,777,918 coins and its circulating supply is 462,146,895 coins. The official website for Solana is solana.com. 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. The official message board for Solana is solana.com/news.

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 presently possible to purchase alternative cryptocurrencies such as Solana directly using US dollars. Investors seeking to trade Solana should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Solana using one of the aforementioned exchanges.

Receive News & Updates for Solana Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Solana and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.