SO

Solana

SOL 1 Hour Move
-1.03%
$109.57 → $108.44

Why Solana is down 1.0% in the last hour

Analysis

Solana (SOL) slipped ~1.0% over the past hour, likely reflecting a short-term “sell-the-news” reaction after reports that Charles Schwab plans to add SOL (alongside Avalanche and Chainlink) to its crypto trading platform. Despite the headline being broadly constructive for longer-term access, the immediate market response appears to have been modest profit-taking rather than sustained buying.

Contributing Factors (3)

#1
The Block 12 hours ago

Charles Schwab to add Solana, Avalanche and Chainlink to crypto trading platform

Schwab Crypto began rolling out to clients in May with direct access to BTC and ETH trading and charges 75 basis points per transaction.

Confidence
79%
Read source
#2
CoinGape 12 hours ago

BREAKING: Charles Schwab to Add Solana, Avalanche and Chainlink to Crypto Offerings

$13 trillion Charles Schwab said Thursday it plans to offer Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) trading for clients in the coming months. The move expands Schwab Crypto offerings beyon...

Confidence
66%
Read source
#3
CoinGape Regulatory 15 hours ago

BREAKING: Polymarket Launching Bitcoin, Ethereum & Solana Price Contracts in US

Polymarket US has filed with the Commodity Futures Trading Commission (CFTC) to list Bitcoin, Ethereum and Solana price contracts for trading in the United States. This comes as the prediction market...

Confidence
66%
Read source

Move Details

Asset Solana
Symbol SOL
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $109.57
End Price $108.44
Change -1.03%
Detected Aug 28, 2026 1:50 AM

Explanation Confidence

72%

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