Solana
Why Solana is down 3.3% today
Analysis
Solana (SOL) fell 3.3% over the past 24 hours as negative, SOL-linked corporate treasury headlines weighed on sentiment, with The Block reporting Solana DAT Upexi posted a $179 million loss tied to the tokenβs price slide. Traders also appeared to respond to bearish technical framing, as CryptoNews highlighted a developing head-and-shoulders pattern and downside targets that can pressure near-term positioning.
Contributing Factors (3)
Solana DAT Upexi posts $179 million loss as SOL price slide hits treasury despite revenue doubling
Upexi said digital asset operations, mainly staking income, now account for the majority of company revenue.
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.
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.