SO

Solana

SOL 1 Hour Move
+1.25%
$83.96 → $85.01

Why Solana is up 1.3% in the last hour

Analysis

Solana (SOL) rose 1.3% over the past hour despite a headline suggesting potential headwinds: U.Today reported that Bank of America “dumped” Ethereum and Solana in favor of Bitcoin, framing it as a regulatory-driven shift. The modest uptick suggests the market either discounted the report’s immediate impact on SOL or saw limited near-term follow-through from the news flow.

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
66%
Read source

Move Details

Asset Solana
Symbol SOL
Direction ↑ Bullish
Timeframe 1 Hour
Start Price $83.96
End Price $85.01
Change +1.25%
Detected May 24, 2026 10:50 PM

Explanation Confidence

66%

Moderate confidence. Multiple factors may be contributing.