SO

Solana

SOL 1 Hour Move
+1.09%
$97.15 → $98.21

Why Solana is up 1.1% in the last hour

Analysis

Solana (SOL) rose 1.1% over the past hour as traders reacted to fresh accessibility and derivatives-related catalysts. CoinDesk reported that Germans can now buy bitcoin, ether and solana products directly from their ING accounts, which can support near-term demand and sentiment.

Contributing Factors (3)

#1
CryptoNews Price Analysis 2 weeks ago

Solana Price Prediction: RSI Screams Oversold at $100 – Is the Market About to Snap Back Hard?

Momentum indicators suggest that the historical $100 launchpad level could still hold weight – this could be the moment Solana price predictions flip bullish. The post Solana Price Prediction: RSI Scr...

Confidence
78%
Read source
#2
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
75%
Read source
#3
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

Move Details

Asset Solana
Symbol SOL
Direction ↑ Bullish
Timeframe 1 Hour
Start Price $97.15
End Price $98.21
Change +1.09%
Detected Feb 4, 2026 7:00 AM

Explanation Confidence

75%

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