Solana Drops 7.8% Ahead of REX-Osprey SOL + Staking ETF Launch

  • Solana (SOL) plunged 7.84% over the past 24 hours, falling from $157.42 to $145.08 as of 20:03 UTC on July 1, 2025, significantly underperforming the broader crypto market, which declined just 0.24% based on the CoinDesk 20 Index. The sell-off comes just one day before the highly anticipated debut of the REX-Osprey SOL + Staking ETF (ticker: SSK) on July 2.