Solana
Why Solana is down 1.7% today
Analysis
Solana (SOL) slipped 1.7% over the past 24 hours as sentiment around SOL-related investment products weakened, with U.Today noting Solana ETFs seeing red flows while Bitcoin ETFs attracted about $100 million. While Bitcoinist reported a constructive network milestone—Solana validator client v1.18 reaching 85% consensus stake—this upgrade news didn’t translate into near-term price support amid the broader ETF flow divergence.
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.