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Price of Solana (SOL) Surges More Than 16% Over the Last 24 Hours

Published 01/04/2023, 03:07 PM
Updated 01/04/2023, 03:15 PM
Price of Solana (SOL) Surges More Than 16% Over the Last 24 Hours
ETH/USD
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SOL/USD
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  • SOL’s price is up more than 16% over the last 24 hours.

  • The Ethereum-killer has also dwarfed the price performances of BTC and ETH.

  • Technical indicators suggest that SOL’s move may be reaching its peak.

Solana (SOL) may be rising from the ashes following the FTX downfall. According to CoinMarketCap, the Ethereum-killer has risen a remarkable 16.14% over the last 24 hours. This has also taken its weekly price movement to over 32.86%, at press time. As a result, SOL is now changing hands at $13.55.

SOL’s price has also overshadowed that of the two crypto market leaders, Bitcoin (BTC) and Ethereum (ETH), by 14.94% and 12.94%, respectively.

Trading volume for the altcoin has also surged over the last 24 hours. Currently, the total daily trading volume for SOL is up 117.93% – taking the total to $1,401,640,190.

The post Price of Solana (SOL) Surges More Than 16% Over the Last 24 Hours appeared first on Coin Edition.

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