The velocity is circumference/period.
circumference = 2pi*r where r is radius
r = 29000yr*365days/yr*24hr/day*3*108*m/sec*3600secs/hr*0.001km/m ≈ 2.744*1017km
period = 290*106yr*365days/yr*24hr/day ≈ 2.54*1012hr
velocity ≈ 2*pi*2.744*1017/(2.54*1012) km/hr ≈ 6.8*105 km/hr
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