Solana Price Hits $164.86 on Top Exchanges (SOL)

Solana (SOL) traded 0.9% lower against the U.S. dollar during the 24 hour period ending at 13:00 PM Eastern on November 2nd. In the last week, Solana has traded 2.5% lower against the U.S. dollar. Solana has a market capitalization of $77.62 billion and $1.79 billion worth of Solana was traded on exchanges in the last 24 hours. One Solana coin can now be bought for approximately $164.86 or 0.00237044 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• 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 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 2.2% lower 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 0.8% lower against the dollar and now trades at $69,504.32 or 0.99938012 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.9% against the dollar and now trades at $69,409.26 or 0.99801317 BTC.

Solana Coin Profile

Solana (SOL) uses the hashing algorithm. It was first traded on March 16th, 2020. Solana’s total supply is 587,672,577 coins and its circulating supply is 470,828,045 coins. 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. The official website for Solana is solana.com. Solana’s official message board is solana.com/news.

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 possible to buy alternative cryptocurrencies such as Solana directly using U.S. dollars. Investors seeking to trade Solana should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, 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