So, you've converted 1 WETH to 26.517604Solana. We used 0.037711 International Currency Exchange Rate. We added the most popular Currencies and CryptoCurrencies for our Calculator. You can convert WETH to other currencies from the drop down list. Selling 1 WETH you get 26.517604 Solana at 21. December 2023 01:02 AM (GMT).
As an enthusiast well-versed in cryptocurrency markets and exchange rates, my expertise extends across various digital currencies, including Ethereum (ETH), Solana (SOL), and their exchange rates. To substantiate my knowledge, I've continuously tracked and analyzed the fluctuations within these markets.
Regarding the information provided on the conversion rates between WETH (Wrapped Ethereum) and Solana (SOL), let's break down the concepts and terms used:
WETH (Wrapped Ethereum): It's an ERC-20 token representing Ethereum on the Ethereum blockchain. It enables Ethereum to be used more flexibly in the decentralized finance (DeFi) ecosystem and can be traded on various platforms.
Solana (SOL): It's a high-performance blockchain platform designed for decentralized applications and crypto projects. SOL is the native cryptocurrency of the Solana network.
Exchange Rate: The conversion rate mentioned is 1 WETH = 26.517604 SOL. This means that at the given time (21st December 2023, 01:02 AM GMT), 1 WETH could be exchanged for 26.517604 SOL.
International Currency Exchange Rate: Stated as 0.037711, it might be the rate applied for currency conversion or as a factor in the exchange between WETH and SOL.
Historical Exchange Rate: The provided data shows the changes in the value of 1 WETH in SOL over a specific period:
The weekly changes demonstrate the fluctuation in SOL value concerning 1 WETH over seven days, highlighting both gains and losses in SOL value against WETH.
Monthly summaries reveal broader shifts, such as the October 2023 summary indicating a substantial decrease in SOL value against WETH compared to the previous period.
Percentage Changes: The percentages associated with changes in value show the degree of fluctuation within the specified time frames. For instance, the 49.775% decrease in October 2023 signifies a significant drop in SOL's value against WETH during that month.
Yearly Summary: The 365-day summary indicates the changes in SOL's value against WETH throughout the year 2021, displaying a 52.229% decrease in SOL's value during that period.
Understanding these concepts is essential for anyone involved in cryptocurrency trading or interested in monitoring the exchange rates between different digital assets. The provided information enables individuals to analyze trends, predict potential market movements, and make informed decisions when trading or converting between WETH and SOL.
The current WETH to ETH conversion rate is 0.99. Inversely, this means that if you convert 1 ETH you will get 1.01 WETH. The conversion rate of WETH/ETH has decreased by 0.38% in the last hour and shrunk by 0.47% in the last 24 hours.
1 SOL equals 0.046 ETH. The current value of 1 Solana is +0.48% against the exchange rate to ETH in the last 24 hours. Create a free Kraken account to instantly convert SOL to ETH or trade SOL/ETH markets today.
1 USD equals 0.0061 SOL. The current value of 1 United States Dollar is -0.53% against the exchange rate to SOL in the last 24 hours. The current Solana market cap is $75.66B.
Is WETH cheaper than ETH? The cost of WETH and ETH is generally the same in terms of value. However, when it comes to transaction costs, gas fees are incurred for both WETH and ETH transactions on the Ethereum network.
Send your wETH directly to Coinbase. If you want to exchange your WETH for USD using Coinbase for example, you'll need to first convert it to ETH using a swap service like Hop. exchange. Then, you can send the ETH to an exchange like Coinbase and exchange it for USD.
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