Solana
Why Solana is up 1.7% today
Analysis
Solana (SOL) rose 1.7% over the past 24 hours as sentiment improved on reports that Charles Schwab is expanding its crypto platform to add Solana (alongside Avalanche and Chainlink), a development that can be read as increased mainstream access and validation for SOL. The move came despite negative headlines around a Solana-linked neobank, Avici, being hacked for $650,000—an incident that primarily hit Avici’s token rather than SOL itself.
Contributing Factors (3)
Charles Schwab Expands Crypto Platform Adding Solana Avalanche and Chainlink
Charles Schwab is adding Solana, Avalanche, and Chainlink to its Schwab Crypto platform in the coming months, building on its existing bitcoin and ethereum offerings. The post Charles Schwab Expands C...
Solana Neobank Avici Hacked for $650,000. Token Crashes 40%
An Avici exploit drained $652,000 from Solana card vaults the company said only users could touch. AVICI fell 44%. The post Solana Neobank Avici Hacked for $650,000. Token Crashes 40% appeared first o...
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Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.