Solana

SOL 1 Hour Move

-1.06%

$82.39 → $81.52

Why Solana is down 1.1% in the last hour

Analysis

Solana (SOL) slipped about 1.1% over the past hour as sentiment around its DeFi ecosystem weakened following reports that Step Finance is winding down just weeks after a $29M hack. The news likely added near-term risk concerns for Solana-linked DeFi projects, contributing to modest selling pressure in SOL.

Contributing Factors (1)

Decrypt Hack/Exploit 1 month ago

Solana DeFi Project Step Finance to Wind Down Weeks After $29M Hack

The Solana projects made the "difficult decision" to cease operations after January's treasury breach and subsequent failed rescue efforts.

Confidence

85%

Read source

Move Details

Asset Solana

Symbol SOL

Direction ↓ Bearish

Timeframe 1 Hour

Start Price $82.39

End Price $81.52

Change -1.06%

Detected Feb 25, 2026 4:10 AM

Explanation Confidence

85%

High confidence in the explanation based on source reliability and timing.

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