Solana Down 18% Based on Weekly Chart
The cryptocurrency market has seen some significant movements in the past week, with Solana standing out as one of the biggest losers. According to the weekly chart, Solana has dropped by 18.02%, reflecting a downward trend in its value.
In contrast, Bitcoin and Ethereum have experienced slight gains in the past 24 hours, with Bitcoin trading at $64,196.38 and Ethereum at $3,119.81. However, both cryptocurrencies have seen a decrease compared to last week, with Bitcoin down by 7.09% and Ethereum down by 11.30%.
Other popular cryptocurrencies like BNB, XRP, Cardano, and Dogecoin have also shown mixed results, with some experiencing gains and others facing losses.
Overall, the total cryptocurrency market capitalization currently stands at $2.31 trillion, with a slight increase over the last day. The market volume has also seen a significant uptick, reaching $103.44 billion in the last 24 hours.
As the cryptocurrency market continues to fluctuate, investors and traders are closely monitoring these movements to make informed decisions about their investments.