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Solana declines for six consecutive days in slow drift lower
- Solana declined for the sixth consecutive day on May 29, marking a persistent but very slow drift lower.
- The token fell from $85.67 on May 23 to $81.91 on May 29, representing a total decline of just 4.39% over nearly a week.
- This slow rate of decline indicates that the selling is steady rather than a sudden panic or crash.
Supporting datasets
Supporting queries
To surface this insight, Baselight ran 2 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.
Conclusion
SOL-USD fell for six consecutive days from May 24 to May 29, dropping from $85.6722 on May 23 to $81.9071 on May 29. The total decline was just 4.39%, with daily returns of -0.51% (May 24), -0.28% (May 25), -1.66% (May 26), -1.56% (May 27), -0.35% (May 28), and -0.10% (May 29). Verified by calculating consecutive daily returns of Solana. This is fresh today because the six-day streak completed on the latest day of available data (May 29).