SO

Solana

SOL 24 Hour Move
-1.67%
$86.33 → $84.89

Why Solana is down 1.7% today

Analysis

Solana (SOL) fell 1.7% over the past 24 hours amid a risk-off reaction to a report that Bank of America has shifted preference away from Ethereum and Solana toward Bitcoin. That narrative likely weighed on SOL sentiment by reinforcing relative outflows/rotation into BTC at the expense of altcoins.

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
77%
Read source

Move Details

Asset Solana
Symbol SOL
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $86.33
End Price $84.89
Change -1.67%
Detected May 24, 2026 8:45 PM

Explanation Confidence

77%

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