Solana Swings with Normal Volatility Amid Softer Crypto Market

Solana's price experienced a 3% swing over approximately 20 hours in late September, but this volatility is considered normal for the cryptocurrency.

The move was influenced by a mix of factors including normal market fluctuations, a visible on-chain seller, and ongoing positive ETF and narrative flows.

Solana traded within a typical intraday range over the last day, reflecting normal volatility rather than an abnormal spike.

During this time, Pump.fun moved 47,994 SOL, roughly $5.83M, from its fee wallets to Kraken, but Solana's price remained resilient around $121 to $124.