Solana
Why Solana is down 1.1% in the last hour
Analysis
Solana (SOL) slipped ~1.1% over the past hour as traders appeared to take profits or “sell the news” after a notable network upgrade announcement. The move came alongside reports that Solana reduced mainnet slot time to 350ms as a first step toward a 200ms target, a technically positive development that can still coincide with short-term price pullbacks.
Contributing Factors (2)
Solana cuts mainnet slot time to 350 milliseconds in first step toward 200ms goal
The change should lead to faster transaction confirmations but is not designed to increase the overall throughput of the network.
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Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.