Solana
Why Solana is down 3.1% today
Analysis
Solana (SOL) fell 3.1% over the past 24 hours as ETF-related sentiment weakened, with Solana-linked ETF flows reported in the red while Bitcoin ETFs saw net inflows, potentially drawing attention and capital toward BTC instead. Despite constructive network headlines—like the Solana Validator Client v1.18 reaching 85% consensus stake—this upgrade progress didn’t offset the near-term pressure implied by negative SOL ETF flow data.
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.