Solana

SOL 1 Hour Move

-1.50%

$108.66 → $107.03

Why Solana is down 1.5% in the last hour

Analysis

Solana (SOL) slipped about 1.5% over the past hour despite regulatory headlines suggesting a potentially supportive catalyst ahead. U.Today reported that another spot Solana ETF is set to launch this month, but the near-term move likely reflects traders taking profits or waiting for clearer details and follow-through from the ETF rollout rather than immediately bidding SOL higher.

Contributing Factors (1)

U.Today Regulatory 11 hours ago

Another Spot Solana ETF Set to Launch This Month

Solana is preparing to launch its second ETF in Hong Kong as Pando schedules the listing of its Solana fund for this month.

Confidence

70%

Read source

Move Details

Asset Solana

Symbol SOL

Direction ↓ Bearish

Timeframe 1 Hour

Start Price $108.66

End Price $107.03

Change -1.50%

Detected Oct 12, 2026 9:55 PM

Explanation Confidence

70%

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

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