Solana 24-hr Volume Rises 186% After Traders Exchange $1.5B SOL

let atwWrapper,atwContainerWidth,atwSliderBox,atwTotalWidth; function initATWSlider() { atwWrapper = $('.relatedInstruments'); atwSliderBox = atwWrapper.find('.slider'); atwContainerWidth = atwWrapper.width(); atwTotalWidth = atwSliderBox.width(); if(window.domainId === '2' || window.domainId === '3'){ atwWrapper.find('.sliderRight').addClass('js-slider-prev'); atwWrapper.find('.sliderLeft').addClass('js-slider-next'); } else { atwWrapper.find('.sliderRight').addClass('js-slider-next'); atwWrapper.find('.sliderLeft').addClass('js-slider-prev'); } if(atwSliderBox.find('.instrumentBox').length > 6){ atwWrapper.find('.js-slider-next').fadeIn(600); } } function atwMoveRight() { atwWrapper.find('.js-slider-prev').fadeIn(150); $(".slider > :visible:first").hide(150) $(".slider > :visible:last").next().show(150); if(!$(".slider > :visible:last").next().find('.name')()){ atwWrapper.find('.js-slider-next').fadeOut(150); return; } } function atwMoveLeft() { atwWrapper.find('.js-slider-next').fadeIn(150); $(".slider > :visible:last").hide(150); $(".slider > :visible:first").prev().show(150); if(!$(".slider > :visible:first").prev().find('.name')()){ atwWrapper.find('.js-slider-prev').fadeOut(150); return; } } initATWSlider(); //update star icon on adding/removing instrument to/from specific watchlist atwWrapper.on('click', 'label.addRow', function() { let parent = $(this).parent(); let checkedPortfolio = false; parent.find('input[type=checkbox]').each(function () { if($(this).is(':checked')){ checkedPortfolio = true; } }); let closestStar = $(this).closest('.addToPortWrapper').find('.star'); if(checkedPortfolio){ closestStar.addClass('added'); }else{ closestStar.removeClass('added'); } }); //update star icon on creating new watchlist atwWrapper.find('.js-create-watchlist-portfolio').find('a.js-create').on('click',function () { let parent = $(this).parent(); let watchlistName = parent.find('input[type=text]').val(); if(!watchlistName){ return; } let star = $(this).closest('.addToPortWrapper').find('.star'); star.addClass('added'); }); //update star icon on adding new position atwWrapper.find('.js-create-holdings-portfolio').find('.js-submit').on('click',function () { let addPositionForm = $(this).closest('.addToPortfolioPop').find('.holdingsContent'); let amount = addPositionForm.find('.js-amount').val(); if(amount < 1){ return; } let star = $(this).closest('.addToPortWrapper').find('.star'); star.addClass('added'); }); atwWrapper.find('.instrumentBox').find('.shortInfo').on('click',function () { if(!window.ga){ return; } let pairId = $(this).parent().find('.js-add-to-portfolio').attr('data-pair-id'); let pairType = window.atwPairTypes[pairId]; window.ga('allSitesTracker.send', 'event', 'content', 'symbol link clicked', '', { "dimension147":"symbol_link_clicked", "dimension163":"click", "dimension148":"symbol", "dimension162":"content add to watchlist", "dimension161":"article page", "dimension142":"article", "dimension75":pairType, "dimension138":pairId, "dimension118":"2973317" }); window.open($(this).attr('data-href')); }); window.atwPairTypes = {"1057391":"indice","1118146":"currency","1173409":"currency"};

• Solana experienced a sudden 35% growth, while Bitcoin didn’t make 1%.
• Crypto traders bought and sold over $1.5 billion of Solana coins.
• Previously, the crypto community predicted that SOL would fade out due to FTX.

While the crypto market remains passive with no significant price movement, the Solana blockchain, which the crypto community predominantly believed would fade out this year, has started making surprising price movements.

Under the seven days market window, Solana (SOL) experienced a sudden 35% growth, while other popular coins like Bitcoin (BTC) and Ripple (XRP) barely had a 1% growth. SOL now trades at $13.69, having touched $8.14 last week, one of its lowest prices in the previous 90 days.

Additionally, crypto traders bought and sold over $1.5 billion worth of SOL, shooting its 24-hour trading volume by an astounding 186%.

Previously, many famous Web3 figures made fun of Solana’s fall from grace when the blockchain lost over $8 billion of market value due to its exposure to FTX.

Due to Solana’s unexpected recovery, crypto influencer Satoshi Stacker makes a joke of Jim Cramer, a famous crypto critic, who last month expressed that investors holding SOL tokens were idiots.

The post Solana 24-hr Volume Rises 186% After Traders Exchange $1.5B SOL appeared first on Coin Edition.

See original on CoinEdition