Solana
Why Solana is down 2.1% today
Analysis
Solana (SOL) slipped 2.1% over the past 24 hours despite headlines that could be constructive longer-term, such as ING in Germany enabling customers to buy Solana-linked products directly via their accounts (CoinDesk; The Block). Another notable development was Moscow Exchange’s plan to add Solana futures as it expands its crypto index suite (CryptoNews), but the market still traded lower on the day, suggesting the announcements did not translate into immediate buying pressure.
Contributing Factors (3)
Moscow Exchange Plans Solana, Ripple and Tron Futures as Crypto Index Suite Expands
The Moscow Exchange (MOEX) is preparing to broaden its suite of cryptocurrency products in 2026 by launching new futures contracts tied to major digital assets including Solana (SOL), Ripple (XRP) and...
Germans can now buy bitcoin, ether, solana products directly from their ING accounts
These crypto products receive the same German tax treatment as directly held bitcoin.
ING opens retail access to Bitcoin, Ethereum, Solana ETPs in Germany
Still, ING Deutschland noted that crypto ETPs carry significant risks and stated that crypto has no intrinsic value.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.