Solana (SOL) Price Hits $139.56 on Exchanges

Solana (SOL) traded down 0.4% against the US dollar during the 1-day period ending at 18:00 PM Eastern on April 28th. Solana has a market capitalization of $62.42 billion and approximately $1.89 billion worth of Solana was traded on exchanges in the last day. One Solana coin can now be bought for about $139.56 or 0.00221002 BTC on cryptocurrency exchanges. In the last week, Solana has traded 7% lower against the US dollar.

Here’s how related cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded 3.7% higher against the dollar and now trades at $0.30 or 0.00000471 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 down 2.2% 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 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 0.8% against the dollar and now trades at $0.0097 or 0.00000015 BTC.

Solana Coin Profile

Solana (CRYPTO:SOL) uses the hashing algorithm. Its genesis date was March 16th, 2020. Solana’s total supply is 574,916,928 coins and its circulating supply is 447,284,162 coins. The official website for Solana is solana.com. 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 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 U.S. dollars. Investors seeking to acquire Solana should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Solana using one of the aforementioned exchanges.

SOL/USD price chart by TradingView