Solana
Why Solana is down 10.1% today
Analysis
Solana (SOL) fell 10.1% over the past 24 hours despite some constructive ecosystem headlines, suggesting broader selling pressure outweighed positives. Cointelegraph reported 21Shares launched Europe’s first Jito staked Solana ETP, but that news didn’t translate into near-term price support.
Contributing Factors (3)
21Shares launches first Jito staked Solana ETP in Europe
The product offers exchange-traded exposure to JitoSOL with staking rewards embedded, as liquid staking ETFs remain under review in the United States.
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Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.