The price of Solana has decreased 3.33% over the past 24 hours from $65.21 to $60.32. This is contrary to the coin’s performance over the past week where it has experienced an up-trend of 12.0%, moving from $54.27 to its current price.
At press time, the coin is trading at $61.57.
The chart below compares the price movement and volatility for Solana over the past 24 hours (left) to its price movement over the past week (right).
The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
See Also: Solana Decreases More Than 4% Within 24 hours
The trading volume for the coin has climbed 76.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.28%.
This brings the circulating supply to 424.35 million. According to our data, the current market cap ranking for SOL is #6 at $25.65 billion.
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Source: https://bitcoinworld.co.in/solana-price-decreases-more-than-3-within-24-hours/