How Solana reacted to the Personal Consumption Expenditures on 28 March 2025

The short answer

A strong reaction. In the 15 minutes after the figure came out, Solana's price swung 2.67 times as much as in a normal 15 minutes that day. For a PCE release, 1.57 times is usual. An hour later the price was 0.58% lower.

2.67x

Strong

Trading (volume ratio)
3.03x
usual for PCE: 1.85x
Price at 8:30 AM
$131.96
15 minutes later
−0.63%
One hour later
−0.58%
range 1.41%, hour before 0.80%
SOL/USDT, 1 minute candles around the release, 8:30 AM America/New York

The dashed orange line is the release. Chart data from Binance.

Open
137.44
Close
130.11
24h change
-5.63%
24h high
139.05
24h low
127.69
24h volume
3.894M SOL

Measured by Clometrix

Solana's volatility ratio was 2.67x, against 1.57x for a typical PCE release since 2021. Its volume ratio was 3.03x, against a typical 1.85x. That is a strong reaction by this release's own standard. Both compare the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change: volatility is how far the price ranged, volume how much traded.

How Solana moved

Solana was at $131.96 when the figure came out. Fifteen minutes later it was 0.63% lower, and an hour later 0.58% lower. Its high-to-low range in the hour after was 1.41% of its price, against 0.8% in the hour before.

The release

Released by the Bureau of Economic Analysis on 28 March 2025 at 8:30 AM EDT. The Personal Consumption Expenditures came in at 0.4% for February 2025, against 0.4% in January 2025. Prices are rising at the same pace as before.

It arrived at the same moment as Personal Income and Outlays and Core Personal Consumption Expenditures, so the reaction measured on this page belongs to all of them together.

What made it matter

Since 2021, PCE releases in the two weeks before a Fed decision have moved Solana about as much as those at other times: a median volatility ratio of 1.58x across 17, against 1.57x across 52. This one was not within two weeks of a Fed decision. Its own ratio of 2.67x compares with 1.57x for those, so it moved the price more than its circumstances alone would suggest.

Its record

Across 69 PCE releases since 2021, Solana's median volatility ratio is 1.57x.

How it compares

Across 69 PCE releases since 2021, Solana's usual price swing is 1.57x. This one was 1.69 times the usual.

MutedOrdinaryStrongExceptional

Thin line: PCE's usual, 1.57x. Thick line: this release, 2.67x.

Minute by minute

Each row is the time after the release, with the same length of time before it for comparison.

After High Low Close Change Range Range before Volume
1 minute 132.46 131.14 131.30 -0.50% 1.00% 0.09% 35,339 SOL
5 minutes 132.46 130.73 131.05 -0.69% 1.31% 0.23% 53,611 SOL
10 minutes 132.46 130.66 130.78 -0.90% 1.36% 0.53% 67,561 SOL
15 minutes 132.46 130.60 131.13 -0.63% 1.40% 0.68% 77,143 SOL
30 minutes 132.46 130.60 130.78 -0.90% 1.40% 0.68% 98,197 SOL
1 hour 132.46 130.60 131.19 -0.59% 1.40% 0.79% 144,526 SOL
2 hours 132.46 129.14 129.94 -1.55% 2.51% 1.22% 450,765 SOL
4 hours 132.46 129.03 129.91 -1.58% 2.59% 1.34% 770,356 SOL
6 hours 132.46 129.03 129.36 -2.01% 2.59% 3.13% 961,929 SOL
8 hours 132.46 129.03 129.91 -1.25% 2.59% 5.52% 1.279M SOL
12 hours 132.46 127.69 130.11 -1.42% 3.60% 6.25% 1.513M SOL

Every coin at this release

Coin Price swing Usual for PCE Reaction
Bitcoin 3.00x 2.03x Strong
Ethereum 2.86x 1.77x Strong
XRP 3.95x 1.81x Exceptional
BNB 2.02x 1.75x Ordinary
Solana 2.67x 1.57x Strong
Dogecoin 2.05x 1.52x Strong
TRON 1.51x 1.43x Ordinary
Cardano 3.00x 1.90x Strong
Chainlink 2.90x 1.62x Strong
Sui 2.50x 1.53x Strong
Bitcoin Cash 2.99x 1.69x Strong
Hedera 2.37x 1.51x Strong
Avalanche 2.77x 1.55x Strong
Litecoin 2.72x 1.64x Strong
Gram 1.32x 1.32x Quiet
Shiba Inu 2.61x 1.75x Strong
Uniswap 2.45x 1.49x Strong
Polkadot 2.43x 1.50x Strong
Aave 2.33x 1.58x Strong
Bittensor 2.40x 1.68x Strong
NEAR Protocol 3.09x 1.43x Exceptional
Aptos 3.06x 1.73x Strong
Internet Computer 2.05x 1.50x Strong
POL (prev. MATIC) 2.31x 1.60x Strong
Filecoin 4.93x 1.51x Exceptional

What is the Personal Consumption Expenditures?

Personal consumption expenditures (PCE) is a measure of the prices people in the United States pay for goods and services. PCE accounts for about two-thirds of domestic spending and is a significant driver of gross domestic product (GDP). An estimated total of personal consumption expenditures (PCE) is compiled by the Bureau of Economic Analysis as one way to measure and track changes in the prices of consumer goods over time.

Every PCE release for Solana

Questions about this page

Is 2.67x a lot?

For a PCE release it is strong: the usual is 1.57x. Each report has its own usual size, and its releases show it.

Will the next PCE do the same?

Nobody can say. A forecast shows the range Solana moved in after past PCE releases, so you can plan for the likely size of the move.

What is PCE, and why does the Fed watch it?

PCE is the Personal Consumption Expenditures price index published by the Bureau of Economic Analysis. The Federal Reserve measures its 2 percent inflation goal with the PCE price index. PCE, Core PCE and Personal Income are released together at 8:30 a.m. ET and share one reaction. Their median Bitcoin price swing since 2021 is 2.03x, which places them in Tier 2.

More questions · Glossary

Disclaimer

The data analysis, forecasted results and projections provided herein are based on historical price action and market trends. While every effort has been made to ensure the accuracy of the information, these predictions are speculative and should not be considered a guarantee of future performance. Market conditions can change rapidly, and past performance is not indicative of future results. Trading and investing involve significant risk, and you should conduct your own research and consult with a licensed financial advisor before making any investment decisions. We do not assume any liability for any losses that may result from reliance on this information.