Solana (SOL) Price Hits $142.09 on Exchanges

Solana (SOL) traded 6.8% lower against the U.S. dollar during the 1-day period ending at 15:00 PM Eastern on July 3rd. One Solana coin can now be bought for about $142.09 or 0.00235743 BTC on exchanges. Over the last seven days, Solana has traded 4.7% higher against the U.S. dollar. Solana has a market capitalization of $65.76 billion and $2.69 billion worth of Solana was traded on exchanges in the last 24 hours.

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

• KILT Protocol (KILT) traded 3.4% lower against the dollar and now trades at $0.20 or 0.00000333 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 up 1.9% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.7% against the dollar and now trades at $0.0120 or 0.00000020 BTC.

Solana Profile

SOL uses the hashing algorithm. It was first traded on March 16th, 2020. Solana’s total supply is 579,376,315 coins and its circulating supply is 462,771,371 coins. The official message board for Solana is solana.com/news. 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.

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.”

Solana Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Solana directly using U.S. dollars. Investors seeking to trade Solana should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Solana using one of the exchanges listed above.

SOL/USD price chart by TradingView