Solana
Why Solana is down 1.1% in the last hour
Analysis
Solana (SOL) slipped 1.1% over the past hour as risk sentiment was likely weighed down by renewed security concerns after Cointelegraph reported that Ethereum and Solana led crypto hack losses in H1 2026, highlighting ongoing exploit-related overhang for the ecosystem. While Morgan Stanley’s expansion into Ethereum and Solana ETP/ETF products was reported as a positive catalyst by Decrypt and U.Today, the immediate move appears to reflect short-term caution rather than that longer-horizon adoption narrative.
Contributing Factors (3)
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.
Morgan Stanley Expands Crypto Push With Ethereum and Solana ETPs
The Wall Street giant has launched spot Ethereum and Solana exchange-traded products, expanding its digital asset strategy.
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.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.