Solana (SOL) Tumbles 4.2%—Dragging CoinDesk 20 Into the Red as Crypto Markets Stutter

Solana leads the losers' parade with a sharp 4.2% drop—knocking the CoinDesk 20 index into negative territory just as traders were getting comfortable.

Blood in the altcoin streets? SOL's slide ripples across the board, proving once again that crypto winter never really left—it just took a coffee break. Meanwhile, Bitcoin maximalists smirk and traditional finance bros adjust their spreadsheets with all the urgency of a sloth on sedatives.

Technical breakdown: The Ethereum killer's stumble comes amid broader market weakness—no single catalyst, just the usual cocktail of leverage unwinds and overzealous retail traders learning about stop losses the hard way.

Silver lining? At least it's not another stablecoin collapse. Small mercies in the casino we call Web3 finance.

Leaders: BCH (+7.2%) and HBAR (+3.6%).

Laggards: SOL (-4.2%) and XRP (-3.7%).

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