SOL saw the session’s most pronounced surface move among the major coins: 1W ATM IV fell 5.10 points and front-end IV declined 4.51 points on average. RR25 moved toward relative put-side volatility, while remaining call-rich, and near-term convexity fell. A report on cancelled SOL supply was available in the window, but reaction data are partial and do not establish causation for the broad compression.
Solana delivered the strongest spot move of the three major-coin reports, rising 3.02 per cent over the 24-hour window. One-week implied volatility climbed 2.56 points to 72.36 per cent and two-week risk reversal swung 4.02 points towards calls. The surface stayed inverted and seven-day realised volatility remained higher than one-week implied volatility. No sufficiently relevant Solana headline was found, so the report leaves the repricing unattributed.
Solana rose 0.87 per cent over the 24-hour window even as one-week implied volatility fell 1.58 points and call-relative skew strengthened. The broader backdrop remained cautious after renewed inflation warnings, while a contained exploit involving an outdated Solana contract affected 1,685 Rain card users; neither event provides a sufficiently direct explanation for the options repricing.
