Solana
Why Solana is down 1.2% in the last hour
Analysis
Solana (SOL) slipped 1.2% over the past hour as traders reacted to a bearish technical setup highlighted by CryptoNews, which noted a developing head-and-shoulders pattern and a downside target around $42—often prompting short-term selling or de-risking. While The Daily Hodl reported BYDFi’s participation in Solana Accelerate APAC to expand ecosystem engagement, that update is more incremental and didn’t appear to offset the near-term negative technical narrative.
Contributing Factors (2)
Solana Price Prediction: SOL Faces $42 Target as Head-and-Shoulders Pattern Emerges
Solana Risks Drop to $42 as Head-and-Shoulders Pattern Forms The post Solana Price Prediction: SOL Faces $42 Target as Head-and-Shoulders Pattern Emerges appeared first on Cryptonews.
BYDFi Joins Solana Accelerate APAC at Consensus Hong Kong, Expanding Solana Ecosystem Engagement
Victoria, Seychelles, 12th February 2026, Chainwire The post BYDFi Joins Solana Accelerate APAC at Consensus Hong Kong, Expanding Solana Ecosystem Engagement appeared first on The Daily Hodl.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.