Solana
Why Solana is up 1.3% in the last hour
Analysis
Solana (SOL) rose 1.3% over the past hour, likely supported by reports that Solana-related products attracted inflows even as broader crypto ETPs saw continued outflows, which can buoy near-term sentiment and demand. Separately, AMBCrypto highlighted Solana’s PayPal-related traction, adding a positive narrative backdrop even if broader market reaction was described as muted.
Contributing Factors (3)
Solana lands PayPal, Cardano gets USDCx – But why are SOL and ADA flat?
Traders want visible results before coming in with faith.
Tron Flips Solana in Weekly Layer-1 Transaction Fees
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Solana, XRP attract inflows despite 4-week crypto ETP outflows streak
Digital asset investment products saw outflows of over $173 million last week. Bitcoin and Ethereum recorded the most outflows amid broader price weakness. Solana and XRP maintained their inflow momen...
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.