Solana
Why Solana is down 1.4% in the last hour
Analysis
Solana (SOL) slipped 1.4% over the past hour even as CoinJournal reported that Solana-linked ETPs attracted inflows, because the same report highlighted a broader four-week streak of crypto ETP outflows that can weigh on overall market sentiment. In that context, SOL’s short-term dip likely reflects wider risk-off flows across the crypto ETP market despite relative strength in Solana-specific products.
Contributing Factors (1)
Solana, XRP attract inflows despite 4-week crypto ETP outflows streak
Digital asset investment products saw outflows of over $173 million last week. Bitcoin and Ethereum recorded the most outflows amid broader price weakness. Solana and XRP maintained their inflow momen...
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.