SO

Solana

SOL 24 Hour Move
-1.64%
$74.17 β†’ $72.95

Why Solana is down 1.6% today

Analysis

Solana (SOL) slipped 1.6% over the past 24 hours as risk sentiment was pressured by a report highlighting that Solana (along with Ethereum) led crypto hack-related losses in H1 2026, which can weigh on investor confidence in the ecosystem. Regulatory uncertainty also remained in focus after the Solana Policy Institute urged the Senate to move quickly on a crypto bill, keeping policy risk front-and-center.

Contributing Factors (3)

#1
Cointelegraph Hack/Exploit 1 day ago

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.

Confidence
85%
Read source
#2
The Block Regulatory 13 hours ago

β€˜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.

Confidence
76%
Read source
#3
AMBCrypto ETF Flows 6 hours ago

Morgan Stanley launches Ethereum, Solana ETPs – Why it matters

Morgan Stanley is expanding regulated crypto access as institutional demand shifts from product launches to sustained capital inflows.

Confidence
73%
Read source

Move Details

Asset Solana
Symbol SOL
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $74.17
End Price $72.95
Change -1.64%
Detected Jul 29, 2026 9:55 PM

Explanation Confidence

80%

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