Solana achieves a median risk evaluation based mostly on InvestorsObserver analysis. The proprietary system gauges how a lot a coin may be manipulated by analyzing a lot cash it took to shift its worth over the final 24 hour interval together with evaluation of current modifications in quantity and market cap. The gauge is between 0 and 100 with decrease scores equating to larger danger whereas larger values signify decrease danger.
Buying and selling Evaluation
SOL’s danger gauge rating interprets to a reasonable danger funding at the second. Portfolio managers who closely weigh danger evaluation will discover this gauge extra related when making an attempt to keep away from (or uncover) extra dangerous investments.
SOL has traded 2.07% decrease over the previous 24 hours to its present worth of $22.29. This shift has occurred whereas quantity is beneath its common degree and the coin’s market capitalization has risen. The cryptocurrency now has a market capitalization of $8,773,984,219.84 whereas $297,709,425.42 price of the coin has traded over the final 24 hours. The value change in relation to the diploma of quantity and market cap modifications provides Solana a median danger score.
Abstract
The value volatility of SOL over the final 24 hours leads to a median danger evaluation as a result of its worth volatility together with modifications in buying and selling quantity, giving buyers a purpose to be not overly involved on the coin’s manipulability as of now.