SO

Solana

SOL 24 Hour Move
+1.90%
$85.34 → $86.96

Why Solana is up 1.9% today

Analysis

Solana (SOL) rose 1.9% over the past 24 hours as sentiment got a boost from CoinDesk reporting that Bitget is launching tokenized pre-IPO offerings on Solana, starting with SpaceX—an integration that highlights new on-chain use cases and potential demand for SOL-linked activity. Any negative read-through from Decrypt’s report that Coinbase flagged proof-of-stake chains like Solana as potential quantum risks appeared to be outweighed by the more immediate adoption catalyst.

Contributing Factors (2)

#1
CoinDesk Listing/Delisting 14 hours ago

Bitget exchange brings pre-IPO tokens to masses starting with SpaceX on Solana

The crypto exchange opens IPO Prime access with Republic to offer Solana-based tokens tied to private firms ahead of public listings.

Confidence
78%
Read source
#2
Decrypt Exchange Outage 7 hours ago

Coinbase Flags Proof-of-Stake Chains Like Ethereum, Solana as Potential Quantum Risks

Advisory council says validator signatures and wallet cryptography could be vulnerable if future quantum computers break current encryption.

Confidence
76%
Read source

Move Details

Asset Solana
Symbol SOL
Direction ↑ Bullish
Timeframe 24 Hours
Start Price $85.34
End Price $86.96
Change +1.90%
Detected Apr 22, 2026 2:20 AM

Explanation Confidence

77%

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