Solana
Why Solana is down 6.5% today
Analysis
Solana (SOL) fell 6.5% over the past 24 hours even as headlines highlighted constructive institutional and ETF narratives. CoinDesk reported R3’s bet on Solana to bring institutional yield onchain, and CoinGape noted SOL ETF inflows outpacing BTC and ETH together—both potentially supportive, but not enough to prevent a near-term pullback.
Contributing Factors (3)
R3 bets on Solana to bring institutional yield onchain
As DeFi investors seek stable, uncorrelated returns, R3 is building Solana-native structures to bring private credit and trade finance into crypto markets.
Coinbase CEO Reacts as Solana Integration Gets 100% Complete
Solana chain integration has been completed on major crypto exchange Coinbase.
Solana Price Prediction as SOL ETF Inflows Outpace BTC and ETH Together
Solana price remains steady above $127 following a week of consolidation, despite facing recent bearish pressure in the crypto market. The SOL token has undergone steady selling pressure, yet it still...
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.