Solana
Why Solana is up 1.1% in the last hour
Analysis
Solana (SOL) rose about 1.1% over the past hour after The Block reported that Kraken integrated Solana DEX trading directly into its core app, with plans to add support for additional networks. The integration likely boosted near-term sentiment around Solana’s ecosystem accessibility and potential user flow via a major exchange interface.
Contributing Factors (1)
Kraken integrates Solana DEX trading into core app, with support for additional networks planned
Kraken launches onchain DEX trading to give customers access to thousands of tokens across the Solana ecosystem.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.