Solana
Why Solana is down 2.3% today
Analysis
Solana (SOL) slipped 2.3% over the past 24 hours as traders weighed headlines suggesting potential near-term supply/liquidity shifts, with AMBCrypto highlighting how roughly $30B in staked SOL could unlock additional DeFi liquidity—often interpreted as increasing circulating availability and pressure on price. Sentiment also appeared softer amid broader rotation narratives, with CryptoNews focusing on XRP “crushing Solana,” which can contribute to relative underperformance as attention and flows shift.
Contributing Factors (2)
XRP Price Prediction: XRP is Crushing Solana and Coming for Binance Coin Next – Should You Buy Now?
XRP is quietly climbing the rankings while price action looks boring.The XRP Ledger just moved into sixth place by tokenized real world asset value, overtaking Solana and closing in on BNB Chain. Over...
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.