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Solana’s SOL Posts Seven Straight Monthly Declines

The source states that SOL has recorded seven consecutive monthly red candles, a chart pattern indicating seven months in which the token closed lower than it opened.

SOL

Fact Check
BeInCrypto (March 30, 2026) independently confirmed six consecutive monthly red candles for SOL entering April 2026, counting from October 2025. The @DegenerateNews tweet, posted on May 1, 2026 after April's monthly close, asserts the seventh consecutive red month was completed in April. The arithmetic is coherent: Oct, Nov, Dec 2025 + Jan, Feb, Mar, Apr 2026 = 7 months. The broader market context from Phemex News (March 31, 2026) corroborates a sustained altcoin bear market. No source contradicts the seven-month count. The primary uncertainty is that the original claim source (@DegenerateNews) is a social media account of moderate authority, but it is corroborated by independent financial news outlets tracking the same streak.
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Summary

SOL, the native token of Solana, has printed seven straight monthly red candles, according to the source. In market-chart terms, a red monthly candle means the asset ended the month below its opening price. A streak of consecutive monthly declines highlights sustained selling pressure or weak momentum over an extended period, though the source provides no price figures, dates, or further market context.

Terms & Concepts
  • Red candle: A chart candle showing that an asset closed below its opening price over a given period.
  • Monthly candle: A candlestick (price chart period marker) that summarizes an asset’s open, high, low, and close for one month.
  • Solana: A blockchain network designed for fast transactions and decentralized applications.