Solana Drops 10% as High-Beta Token Amplifies Crypto Market Selloff

Solana (SOL) slid sharply on Friday, extending a broader crypto market pullback and reigniting concerns about the token's sensitivity to risk-off sentiment. The move matters because Solana has been one of the market's most widely held ‘high-beta' layer-1 assets—often amplifying both upside rallies and downside corrections.