Solana
Why Solana is down 4.2% today
Analysis
Solana (SOL) fell 4.2% over the past 24 hours amid reports of significant outflows from Solana ETF products, which likely added near-term selling pressure as SOL drifted toward multi-month lows. While CoinDesk highlighted Solana’s Lily Liu promoting the “internet capital markets” vision at Consensus Hong Kong, that narrative boost didn’t offset the ETF-flow headwinds in the session.
Contributing Factors (3)
Goldman Sachs’ Crypto Portfolio: BTC, ETH, XRP, and SOL Holdings Revealed
The investment bank's positions are through crypto ETFs, not direct token holdings.
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.
Solana's Lily Liu champions internet capital markets at Consensus Hong Kong 2026
Fireside chat with Michael Lau spotlights finance focus, Asia's centrality, and revenue-driven growth
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.