What's Driving the Dip?

Broad crypto retracement: SOL is following sector trends, alongside peers like Bitcoin (+0.2%) and Ethereum (+2%), which saw modest moves today .

Stalled ETF optimism: While sentiment remains positive about a potential Solana ETF and derivatives inflows , broader market caution and macro pressure have tempered gains.

Geopolitical and macro noise: Rising U.S. tariffs and dollar weakness are keeping crypto mixed—even Bitcoin isn’t acting as a distinct safe haven .