Solana
Why Solana is down 1.1% in the last hour
Analysis
Solana (SOL) slipped about 1.1% over the past hour as traders digested discussion around the large pool of staked SOL potentially becoming deployable as DeFi liquidity, which can raise near-term uncertainty around supply and positioning. AMBCrypto highlighted that roughly $30B in staked SOL could unlock new DeFi liquidity, a narrative that can prompt short-term risk-off moves as the market reassesses flows.
Contributing Factors (1)
Solana: How $30B in staked SOL unlocks new DeFi liquidity
Solana unlocks staked liquidity as whales position near the critical $80 demand zone.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.