Solana
Why Solana is down 2.2% today
Analysis
Solana (SOL) fell 2.2% over the past 24 hours as broader crypto ETP products extended a four-week outflow streak, which likely weighed on overall market sentiment even though SOL-specific products still saw some inflows. At the same time, attention on large amounts of staked SOL becoming available as DeFi liquidity may have added uncertainty around near-term supply dynamics.
Contributing Factors (3)
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...
Solana: How $30B in staked SOL unlocks new DeFi liquidity
Solana unlocks staked liquidity as whales position near the critical $80 demand zone.
Tron Flips Solana in Weekly Layer-1 Transaction Fees
Tron is now the largest layer-1 chain in terms of transaction fee revenue.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.