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Solana (SOL) Plummets 5.4%—Dragging CoinDesk 20 Into the Red as Crypto Markets Stumble

Solana (SOL) Plummets 5.4%—Dragging CoinDesk 20 Into the Red as Crypto Markets Stumble

Author:
Coindesk
Published:
2025-07-01 13:36:30
19
2

Solana leads the crypto rout—blood in the streets as SOL sheds 5.4% in 24 hours.

The 'Ethereum killer' isn't killing much today—except bullish sentiment. CoinDesk 20's losses pile up as traders scramble for exits.

Meanwhile, Bitcoin maximalists smugly adjust their tinfoil hats. Some things never change.

9am CoinDesk 20 Update for 2025-07-01: vertical

Leaders: BCH (+0.3%) and BTC (-0.9%) lead.

Laggards: SOL (-5.4%) and APT (-4.7%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

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