Swap your SOL and USDT with the best rates here on SwapSpace
As the crypto market shows signs of a bullish trend, there is a big chance for the price of SOL in USDT to grow.
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SOL / USDT live price chart
Both SOL price and USDT price are quite volatile. You can see the history of price changes in the cryptocurrency price chart below to help you make the best decision while considering exchanging your crypto.
Throughout the period from November 26, 2023, to May 24, 2024, the conversion rate between SOL (Solana) and USDT (Tether) underwent notable fluctuations in the cryptocurrency market.
Starting at the onset of the period, on November 26, 2023, the SOL to USDT conversion rate was 57.57. In the subsequent days, it experienced minor oscillations, dipping to 55.04 on November 27, 2023, before seeing a slight increase, reaching 60.12 by November 30, 2023. These fluctuations were influenced by the dynamics and trends within the broader cryptocurrency landscape.
As December unfolded, interest in SOL remained significant, while stablecoins like USDT provided a reliable base for trading. By December 12, 2023, the SOL to USDT conversion rate had climbed to 63.27, reflecting the upward momentum SOL was gaining. However, a market correction on December 14, 2023, led to a temporary decrease, dropping to 58.34.
Throughout January and February 2024, SOL demonstrated resilience and continued to gain traction in the market. On January 25, 2024, the SOL to USDT exchange ratio stood at 86.91. Despite some fluctuations, including a slight dip to 82.50 on January 28, 2024, the overall trend remained positive.
By March 25, 2024, the SOL to USDT conversion rate had experienced a significant increase, reaching 188.99. This surge highlighted the growing popularity and potential of the Solana ecosystem. However, market conditions remained dynamic, and by March 31, 2024, the conversion rate had adjusted to 202.47, reflecting the inherent volatility in the cryptocurrency space.
In summary, the conversion rate between SOL and USDT showcased fluctuations throughout this period, influenced by factors such as market sentiment, investor interest, and the overall performance of the Solana blockchain. These changes emphasized the dynamic nature of the cryptocurrency market and the potential for both short-term speculation and long-term investment within the SOL ecosystem.
How to exchange SOL and USDT on SwapSpace
On this page, we already put SOL in the “You send” and USDT in the “You get” section in the exchange window below — so you should just enter the amount you want to exchange. Next, press the ”View offers” button and select the exchange service that you like the most. Choose either fixed or floating exchange rate, as we at SwapSpace provide you with options for either of them!
Fill in the “Provide the recipient address” field with the destination USDT address and provide the refund address for your SOL if you want. If your preferred wallet is Trezor, you can press the button to connect a wallet and simplify the exchange process (more on that — in our FAQ). Check the information carefully and click the “Next” button.
Using the wallet of your choice, send your SOL to the address you see on the screen. You can use the QR code to speed up the process. You can also press the “Connect Wallet” button, which will give you options to connect your Metamask wallet, Trezor, or use WalletConnect (more on using those options — in our FAQ). As soon as our partner gets your SOL, the exchange will continue.
At this stage, you need just to wait until you get your coins in the wallet. Check the Swap Tracker if you want to know the exchange status, and feel free to contact the support if it seems like something is going wrong. That’s it!
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