Solana
Why Solana is down 1.6% today
Analysis
Solana (SOL) fell 1.6% over the past 24 hours as reports pointed to significant outflows from Solana-related ETFs, signaling reduced near-term demand and adding pressure as SOL drifted toward multi-month lows. Separately, CMEβs addition of Cardano (ADA) and Stellar (XLM) futures raised questions about whether institutional attention could broaden beyond SOL, potentially weighing on sentiment.
Contributing Factors (2)
Solana ETFs post major outflows as SOL slips toward multi-month lows
Solana-linked ETFs saw one of their largest daily outflows on record, recording almost $12 million in outflows.
CME Adds Cardano (ADA) and Stellar (XLM) Futures: Are XRP and Solana (SOL) About to Lose Their Institutional Edge?
CME officially welcomed Cardano and Stellar futures after XRP and Solana broke records in Q4, 2025. ADA and XLM now live in the $30 billion daily crypto derivatives arena, targeting institutional infl...
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.