Solana
Why Solana is down 1.5% today
Analysis
Solana (SOL) fell about 1.5% over the past 24 hours as selling pressure coincided with reports of major outflows from Solana-focused ETFs, which can weaken near-term demand and sentiment while SOL drifts toward multi-month lows. Separately, CME’s addition of Cardano (ADA) and Stellar (XLM) futures raised questions about whether institutional attention could diversify away from assets like SOL, potentially adding to the cautious tone.
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.