Solana

SOL 1 Hour Move

+1.05%

$86.48 → $87.39

Why Solana is up 1.1% in the last hour

Analysis

Solana (SOL) rose about 1.1% over the past hour as sentiment improved following news that MoonPay acquired Solana execution-layer firm DFlow, a piece of infrastructure used by major Solana-adjacent products like Coinbase and Phantom. The deal was viewed as a positive signal for continued institutional and ecosystem investment in Solana’s transaction and execution stack.

Contributing Factors (1)

The Block Regulatory 17 hours ago

MoonPay acquires Solana execution layer firm DFlow used by Coinbase, Phantom

DFlow is used by both Coinbase and Phantom and has processed over $50 billion in cumulative trading volume.

Confidence

83%

Read source

Move Details

Asset Solana

Symbol SOL

Direction ↑ Bullish

Timeframe 1 Hour

Start Price $86.48

End Price $87.39

Change +1.05%

Detected May 6, 2026 3:40 AM

Explanation Confidence

83%

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

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