Solana
Why Solana is down 1.5% today
Analysis
Solana (SOL) slipped about 1.5% over the last 24 hours as sentiment was pressured by ETF-related outflows, with U.Today reporting Solana ETFs “in the red” while Bitcoin ETFs saw net inflows. At the same time, Bitcoinist noted Solana’s validator client v1.18 reached 85% consensus stake, a constructive network milestone that may not have been enough to offset broader flow-driven selling in the near term.
Contributing Factors (3)
Solana Validator Client v1.18 Hits 85% Consensus Stake
Read the latest update on Solana Validator Client v1.18 Hits 85% Consensus Stake.
Solana, XRP, Ethereum ETFs in Red as Bitcoin ETF Adds $100 Million
Bitcoin ETFs attracted more than $100 million in fresh inflows as Ethereum, XRP and Solana funds slipped into the red.
SOL crypto picks up pace as Solana flips Base in x402 activity
x402 activity is way past the competition, and Solana is August's app revenue leader too!
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.