The general cryptocurrency slump left all assets clinging to the support levels to stay afloat. Solana (SOL) was one of the most affected by this movement, deviating from its all-time high of $260.06 to currently trading at $13.75.
The total circulating supply of SOL stands at $362,782,994. Also, the 24-hour low is $11.l7, while the high is $13.78.
The current price reflects an increase in Solana’s price, currently ranked at number 14 on CoinMarketCap with a trading volume of $739,091,583, which is a 38.59% gain in 24 hours.
Although Solana is currently down on rankings, it is still recording massive trading gains.
What Is Giving Solana Price Support Despite The Current Trend?
Solana’s current price trend and increase in volume are supported by trader activity