Solana
Why Solana is down 5.1% today
Analysis
Solana (SOL) fell 5.1% over the past 24 hours as Solana-focused ETFs reportedly saw “major outflows,” reinforcing downside pressure while SOL slipped toward multi-month lows. While CoinDesk highlighted Solana’s leadership promoting “internet capital markets” at Consensus Hong Kong, that narrative appears to have been outweighed by the near-term impact of ETF selling.
Contributing Factors (3)
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
Goldman Sachs’ Crypto Portfolio: BTC, ETH, XRP, and SOL Holdings Revealed
The investment bank's positions are through crypto ETFs, not direct token holdings.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.