SO

Solana

SOL 24 Hour Move
-1.56%
$87.19 β†’ $85.83

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, CME’s 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)

#1
AMBCrypto ETF Flows 1 week ago

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.

Confidence
81%
Read source
#2
U.Today Regulatory 1 week ago

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...

Confidence
70%
Read source

Move Details

Asset Solana
Symbol SOL
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $87.19
End Price $85.83
Change -1.56%
Detected Feb 10, 2026 3:35 AM

Explanation Confidence

77%

High confidence in the explanation based on source reliability and timing.