Solana Slides to Worst Weekly Performance in Top 10 as Whales Step Up Sales
BeInCrypto
Solana faced a 12% weekly decline as large-scale whale liquidations, institutional exits, and renewed selling from Pump.fun intensified downward market pressure.Summary
Solana (SOL) has become one of the worst-performing major cryptocurrencies, dropping roughly 12% over the past week amid a broader market downturn. This decline is significantly exacerbated by intense selling pressure from long-term whales, who have offloaded millions in assets, and the resumption of SOL sales by the meme coin launchpad Pump.fun. Furthermore, institutional sentiment appears to be cooling, as indicated by Goldman Sachs exiting its spot Solana and XRP ETF positions in early 2026. The combination of these factors has contributed to a bearish outlook for the asset as it struggles to regain momentum.
(Source：BeInCrypto)