Solana
Why Solana is up 1.3% in the last hour
Analysis
Solana (SOL) rose about 1.3% over the past hour as traders reacted to reports that Morgan Stanley is launching new Solana-linked exchange-traded products/ETFs alongside ether offerings, extending institutional access after the firm’s bitcoin fund success. The ETF/ETP headlines likely boosted near-term sentiment and demand despite broader security concerns highlighted in a separate report on hack losses affecting Solana and Ethereum in H1 2026.
Contributing Factors (3)
Morgan Stanley to Launch Cheapest Ethereum and Solana ETFs
Morgan Stanley is expanding its ETF offering to launch the biggest yet cheapest Ethereum and Solana ETFs, according to Senior ETF Analyst Eric Balchunas.
Morgan Stanley debuts ether, solana exchange-traded products after bitcoin fund success
The asset manager is offering low-cost ETH and SOL exchange-traded products after its bitcoin fund topped $381 million in assets.
Ethereum, Solana led crypto hack losses in H1 2026: Blockaid
Blockaid found Ethereum remained the hardest-hit blockchain in H1 2026, while Solana replaced Arbitrum as the network with the second-highest losses, driven largely by key compromises.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.