SO

Solana

SOL 24 Hour Move
+1.69%
$83.79 β†’ $85.21

Why Solana is up 1.7% today

Analysis

Solana (SOL) rose about 1.7% over the past 24 hours despite a headline suggesting potential institutional rotation away from SOL. U.Today reported that Bank of America β€œdumped” Ethereum and Solana for Bitcoin, but the modest SOL uptick indicates the market either discounted the report’s impact or saw limited immediate follow-through from that narrative.

Contributing Factors (1)

#1
U.Today Regulatory 22 hours ago

Bank of America Dumps Ethereum and Solana for Bitcoin

America's second-largest bank is officially picking sides in the crypto market. According to its latest Q1 13F filing with the SEC.

Confidence
70%
Read source

Move Details

Asset Solana
Symbol SOL
Direction ↑ Bullish
Timeframe 24 Hours
Start Price $83.79
End Price $85.21
Change +1.69%
Detected May 24, 2026 2:55 PM

Explanation Confidence

70%

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