SO

Solana

SOL 24 Hour Move
-2.57%
$103.42 → $100.76

Why Solana is down 2.6% today

Analysis

Solana (SOL) fell 2.6% over the past 24 hours despite headlines that could support longer-term access and liquidity. ING’s move to open retail access to Solana ETPs for customers in Germany may not have translated into immediate spot buying, and the market still traded lower on the day.

Contributing Factors (3)

#1
The Block 2 weeks ago

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.

Confidence
68%
Read source
#2
CoinDesk 2 weeks ago

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.

Confidence
68%
Read source
#3
CryptoNews Protocol Upgrade 2 weeks ago

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...

Confidence
67%
Read source

Move Details

Asset Solana
Symbol SOL
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $103.42
End Price $100.76
Change -2.57%
Detected Feb 3, 2026 8:55 PM

Explanation Confidence

67%

Moderate confidence. Multiple factors may be contributing.