SO

Solana

SOL 1 Hour Move
+2.23%
$89.56 β†’ $91.56

Why Solana is up 2.2% in the last hour

Analysis

Solana (SOL) rose 2.2% over the past hour, likely supported by positive sentiment after reports that Solana overtook Ethereum in new developer signups. CryptoNews highlighted that Solana captured a larger share of new developer activity while Ethereum’s share fell, which can be interpreted by traders as a strengthening ecosystem signal and near-term demand catalyst.

Contributing Factors (1)

#1
CryptoNews 17 hours ago

Solana Just Overtook Ethereum in New Developer Signups β€” Biggest News Shift for Solana?

Solana Developer Share Hits 23% as Ethereum Falls Below 35% The post Solana Just Overtook Ethereum in New Developer Signups β€” Biggest News Shift for Solana? appeared first on Cryptonews.

Confidence
67%
Read source

Move Details

Asset Solana
Symbol SOL
Direction ↑ Bullish
Timeframe 1 Hour
Start Price $89.56
End Price $91.56
Change +2.23%
Detected May 8, 2026 5:35 PM

Explanation Confidence

67%

Moderate confidence. Multiple factors may be contributing.