Solana
Why Solana is up 1.2% in the last hour
Analysis
Solana (SOL) rose 1.2% over the past hour as sentiment improved on reports of strong recent inflows tied to Solana-based real-world asset (RWA) activity, with Bitcoinist noting $348M in 30-day RWA inflows. Additional support came from The Block highlighting Bernstein’s view that “the chain is now earnings,” underscoring growing fee and revenue narratives across major chains, which can buoy near-term interest in SOL.
Contributing Factors (2)
‘The chain is now earnings’: Bernstein sees 31% upside for Robinhood as fees top Solana, BNB Chain
Bernstein sees 31% upside for Robinhood as its new chain tops Solana in fees, generating $33 million over 15 days.
Solana Pulls In $348M In 30-Day RWA Inflows
Read the latest update on Solana Pulls In $348M In 30-Day RWA Inflows.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.