SOL Token Dips 3.24% Amid Market Volatility Despite ETF Buzz and Ecosystem Growth

Solana (SOL) experienced a 3.24% decline over the past 24 hours, with the price falling from a 24h open of $156.95 to $151.87 (Binance data). This price movement follows a period of strong recovery and bullish sentiment driven by several positive developments, including Revolut adding Solana support, increased institutional interest with multiple spot ETF applications, and significant ecosystem growth such as rising developer activity and stablecoin issuance. However, broader market pressures from new US tariffs and ongoing geopolitical tensions in the Middle East have contributed to recent volatility and the short-term price pullback, despite robust trading volumes ($4.61B–$9.06B) and Solana’s continued position as the sixth-largest cryptocurrency by market cap (approximately $81 billion).