SO

Solana

SOL 24 Hour Move
-3.31%
$79.82 β†’ $77.18

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 token’s 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)

#1
The Block Macro 1 week ago

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.

Confidence
79%
Read source
#2
CryptoNews Price Analysis 1 week ago

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.

Confidence
73%
Read source
#3
CoinDesk ETF Flows 1 week ago

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

Confidence
71%
Read source

Move Details

Asset Solana
Symbol SOL
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $79.82
End Price $77.18
Change -3.31%
Detected Feb 12, 2026 10:30 PM

Explanation Confidence

75%

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