SO

Solana

SOL 1 Hour Move
-1.10%
$84.89 → $83.96

Why Solana is down 1.1% in the last hour

Analysis

Solana (SOL) slipped 1.1% over the past hour amid a risk-off reaction to a report that Bank of America is “dumping” Ethereum and Solana in favor of Bitcoin, which could be read as reduced institutional appetite for SOL in the near term. The headline may have pressured SOL as traders rotated toward BTC on the perceived regulatory and allocation shift.

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 1 Hour
Start Price $84.89
End Price $83.96
Change -1.10%
Detected May 24, 2026 9:45 PM

Explanation Confidence

77%

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