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Solana Rises 2.20% in One Hour to $95.82 on Binance Spot

Short liquidations across Binance, Bybit and OKX totaled $870,000, compared with $20,000 in long liquidations.

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A silver token poised on an ascending steel ramp / TokenPost.ai
A silver token poised on an ascending steel ramp / TokenPost.ai

Solana (SOL) rose 2.20% to $95.82 in the hour ending at 11:03 p.m. ET Thursday (03:03 UTC Friday), a price move for the seventh-largest crypto asset by market capitalization. The reading came from the Binance SOL/USDT spot pair.

SOL was $93.76 on that same pair one hour before the latest reading. The $2.06 increase between the two quotes equals the reported 2.20% move over the one-hour window. Both observations use the same exchange and spot market, so the comparison covers one asset and venue.

Across Binance, Bybit and OKX, short liquidations came to $870,000 during that hour, compared with $20,000 in long liquidations. Short-side liquidations exceeded long-side liquidations by $850,000. The figures are combined exchange totals for the same hour as the price comparison.

Solana's market capitalization stood at approximately $56.04339 billion, ranking it seventh among crypto assets. The market-cap figure places the one-hour price change in context of the token's overall market size.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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