Solana's (CRYPTO: SOL) price has decreased 3.25% over the past 24 hours to $23.08. This is contrary to the coins performance over the past week where it has experienced an up-trend of 11.0%, moving from $20.74 to its current price.
What happened: On Thursday a total of 8,287.18 Ether (CRYPTO: ETH) worth $14,028,947, based on the current value of Ethereum at time of publication ($1,692.85), was burned from Ethereum transactions.