SOL accounted for 8.85% of the total exchange volume on 11th November.
SOL was the best-performing large-cap crypto asset in the last 30 days.
Solana [SOL] was one of the most talked-about altcoins in the market, owing to an impressive rally in recent weeks.
Indeed, SOL was the best-performing large-cap crypto asset in the last 30 days, more than doubling its value to $58.42 at press time, as per Santiment data analyzed by AMBCrypto.
The sharp jump in value made investors optimistic about the sixth-largest digital asset in the market as evidenced by the positive values of the Weighted Sentiment indicator.
Source: Santiment
SOL sees a jump in trading volume
Trading activity on centralized exchanges reflected this optimism. According to a recent post by digital asset data provider CCData, SOL’s trading dominance hit a record high of 5.54% in November.
In fact, SOL accounted for 8.85% of the total exchange volumes on 11th November, going past the previous record of 8.66% in September
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