Solana
Why Solana is down 1.7% today
Analysis
Solana (SOL) slipped 1.7% over the past 24 hours as security concerns weighed on sentiment after a report highlighting that Ethereum and Solana led crypto hack losses in H1 2026. At the same time, ongoing regulatory uncertainty was in focus, with the Solana Policy Institute publicly urging the US Senate to move forward on a crypto bill as time runs short, reinforcing near-term policy overhang.
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.
‘The moment to act is now’: Solana Policy Institute urges Senate to move on crypto bill as time dwindles
As the clock ticks on Congress, the Solana Policy Institute is mounting an urgent push for Senate leaders to take up crypto legislation.
Crypto News, July 29: Morgan Stanley Launches Ethereum and Solana ETPs, Paul Atkins Pushes Clarity Act, Bitcoin Price Bounces
Is crypto about to change forever? Morgan Stanley makes its move, the Clarity Act advances, and Bitcoin plus Ethereum price react. The post Crypto News, July 29: Morgan Stanley Launches Ethereum and S...
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.