Solana
Why Solana is down 1.1% in the last hour
Analysis
Solana (SOL) slipped 1.1% over the past hour as traders digested mixed catalysts: while Charles Schwab’s plan to add SOL to its crypto trading platform is broadly supportive longer-term, it didn’t translate into immediate upside in this window. At the same time, attention around a contentious Solana fee vote may have weighed on near-term sentiment, contributing to the modest pullback despite the positive access headline.
Contributing Factors (3)
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.
Solana fee vote divides supporters as Charles Schwab adds SOL trading
Toly says Solana should separate its fee reforms into smaller proposals as Charles Schwab prepares to offer SOL alongside AVAX and LINK.
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Explanation Confidence
High confidence in the explanation based on source reliability and timing.