Solana
Why Solana is down 1.0% in the last hour
Analysis
Solana (SOL) slipped about 1.0% over the past hour as near-term sentiment cooled despite longer-term network strength, with AMBCrypto highlighting that Solana reached a record 167M holders in April but framing it as a question of whether price will follow rather than a clear bullish catalyst. At the same time, U.Today reported that XRP led 24-hour ETF flows versus Bitcoin, Ethereum, and Solana, which may have diverted attention and incremental demand away from SOL in the short run.
Contributing Factors (2)
Solana hits record 167M holders in April – Will SOL price follow?Â
SOL has seen over $18 billion in capital outflows since last October with no relief in sight as of early April, 2026
XRP Beats Bitcoin, Ethereum, Solana and Even Dogecoin in 24-Hour ETF Flows
XRP is beating assets from the Big Three and even smaller meme coins in ETF flows.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.