The price of Solana was especially volatile in September 2021, with percentages changing significantly on a near daily basis. Some sources attribute these price fluctuations to investor sentiment - with uncertainty on China's Evergrande dominating financial news during that time. Measured in a metric called volatility, the percentage shown here reflect how much the price of Solana in U.S. dollars changed historically over a preceding 10-day window. Changes can be either up or down, with a higher volatility reflecting that an asset is more risky, as price movements are less easy to predict and can swing in any direction.
Volatility - the price fluctuation - of Solana (SOL) from April 20, 2020 to October 28, 2022
Rolling 10-day realized volatility; The source does not indicate whether it had changed its methodoloy since October 2021 - as a significant change in figures is observed from that month onwards
Supplementary notes
Volatility measures the past changes in price over a given period of time. Crypto generally tends to be more volatile than, say, gold as the average price of most cryptocurrencies changes relatively more often and more severely.
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Website (Portfolioslab.com). (November 11, 2022). Volatility - the price fluctuation - of Solana (SOL) from April 20, 2020 to October 28, 2022 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1280075/solana-price-swings/
Website (Portfolioslab.com). "Volatility - the price fluctuation - of Solana (SOL) from April 20, 2020 to October 28, 2022." Chart. November 11, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1280075/solana-price-swings/
Website (Portfolioslab.com). (2022). Volatility - the price fluctuation - of Solana (SOL) from April 20, 2020 to October 28, 2022. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1280075/solana-price-swings/
Website (Portfolioslab.com). "Volatility - The Price Fluctuation - of Solana (Sol) from April 20, 2020 to October 28, 2022." Statista, Statista Inc., 11 Nov 2022, https://www.statista.com/statistics/1280075/solana-price-swings/
Website (Portfolioslab.com), Volatility - the price fluctuation - of Solana (SOL) from April 20, 2020 to October 28, 2022 Statista, https://www.statista.com/statistics/1280075/solana-price-swings/ (last visited December 22, 2024)
Volatility - the price fluctuation - of Solana (SOL) from April 20, 2020 to October 28, 2022 [Graph], Website (Portfolioslab.com), November 11, 2022. [Online]. Available: https://www.statista.com/statistics/1280075/solana-price-swings/
