SO

Solana

SOL 1 Hour Move
-1.10%
$126.04 → $124.65

Why Solana is down 1.1% in the last hour

Analysis

Solana (SOL) slipped about 1.1% over the past hour as sentiment weakened following reports that Grayscale executives and its parent firm reduced holdings in Solana-related ETF products, which can be read as a near-term risk-off signal for SOL exposure. The CoinGape report highlighting these trims in XRP, Solana, and Chainlink ETFs likely contributed to modest selling pressure in the short timeframe.

Contributing Factors (1)

#1
CoinGape ETF Flows 3 weeks ago

Grayscale Executives, Parent Firm Trim Holdings in XRP, Solana, & Chainlink ETFs

Executives from crypto asset management company Grayscale and its parent Digital Currency Group (DCG) and related investment firm have sold shares in XRP, Solana, and Chainlink ETFs. The selloffs occu...

Confidence
78%
Read source

Move Details

Asset Solana
Symbol SOL
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $126.04
End Price $124.65
Change -1.10%
Detected Jan 27, 2026 5:20 PM

Explanation Confidence

78%

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