#SOLUpdate $SOL
Solana's current price is $173.79, with a 1.11% increase in the last 24 hours. The cryptocurrency has seen significant market activity, with a 24-hour trading volume of $6.9 billion. Its market capitalization stands at $90.27 billion, ranking #6 on CoinMarketCap.
*Key Statistics:*
- *Current Price*: $173.79
- *24-hour Increase*: 1.11%
- *Market Capitalization*: $90.27 billion
- *24-hour Trading Volume*: $6.9 billion
- *Circulating Supply*: 519.44 million SOL coins
*Recent Developments:*
- Solana's decentralized exchanges (DEX) reached $22.39 billion in weekly trading volume, with $9.44 billion in total value locked (TVL)
- Pump.fun, a Solana token issuance platform, has introduced a revenue-sharing model, distributing 50% of its revenue to token creators
- DeFi Development Corp., a Nasdaq-listed real estate tech firm, has invested $23.6 million in Solana, bringing its total crypto holdings to over $100 million ¹ ²