How Solana reacted to the Personal Income and Outlays on 31 July 2025

The short answer

An ordinary reaction. In the 15 minutes after the figure came out, Solana's price swung 1.57 times as much as in a normal 15 minutes that day. For a Personal Income release, 1.57 times is usual. An hour later the price was 1.74% lower.

1.57x

Ordinary

Trading (volume ratio)
1.46x
usual for Personal Income: 1.85x
Price at 8:30 AM
$180.22
15 minutes later
−0.58%
One hour later
−1.74%
range 1.84%, hour before 0.86%
SOL/USDT, 10 minutes candles around the release, 8:30 AM America/New York

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

Open
178.50
Close
171.10
24h change
-4.32%
24h high
182.70
24h low
170.50
24h volume
2.863M SOL

The release

Released by the Bureau of Economic Analysis on 31 July 2025 at 8:30 AM EDT. The Personal Income and Outlays came in at 0.3% for June 2025, against -0.4% in May 2025. Personal income is rising again, after a fall.

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

How Solana moved

Solana was at $180.22 when the figure came out. Fifteen minutes later it was 0.58% lower, and an hour later 1.74% lower. Its high-to-low range in the hour after was 1.84% of its price, against 0.86% in the hour before.

Measured by Clometrix

Solana's volatility ratio was 1.57x, against 1.57x for a typical Personal Income release since 2021. Its volume ratio was 1.46x, against a typical 1.85x. That is about what this release usually does. 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.

What made it matter

Since 2021, Personal Income 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 came out the day after the Federal Reserve's 30 July rate decision. Its own ratio of 1.57x compares with 1.57x for those, about what its circumstances would suggest.

Its record

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

How it compares

Across 69 Personal Income releases since 2021, Solana's usual price swing is 1.57x. This one was 1.00 times the usual.

MutedOrdinaryStrongExceptional

Thin line: Personal Income's usual, 1.57x. Thick line: this release, 1.57x.

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 180.31 179.78 179.87 -0.19% 0.29% 0.08% 6,208 SOL
5 minutes 180.31 179.17 179.44 -0.43% 0.63% 0.28% 16,275 SOL
10 minutes 180.31 179.17 179.49 -0.41% 0.63% 0.28% 25,381 SOL
15 minutes 180.31 179.04 179.18 -0.58% 0.70% 0.38% 32,920 SOL
30 minutes 180.31 178.74 179.34 -0.49% 0.87% 0.63% 57,636 SOL
1 hour 180.31 177.00 177.08 -1.77% 1.84% 0.85% 138,510 SOL
2 hours 180.31 175.67 176.10 -2.34% 2.57% 1.38% 447,283 SOL
4 hours 180.31 175.25 178.31 -1.07% 2.81% 1.61% 700,161 SOL
6 hours 180.31 175.25 176.90 -1.88% 2.81% 1.61% 948,480 SOL
8 hours 182.70 175.25 178.31 -1.86% 4.08% 1.98% 984,360 SOL
12 hours 180.31 170.50 171.10 -5.33% 5.44% 2.35% 1.968M SOL

Every coin at this release

Coin Price swing Usual for Personal Income Reaction
Bitcoin 1.15x 2.03x Quiet
Ethereum 1.41x 1.77x Quiet
XRP 1.98x 1.81x Ordinary
BNB 1.04x 1.75x Quiet
Solana 1.57x 1.57x Ordinary
Dogecoin 1.28x 1.52x Quiet
TRON 1.66x 1.43x Ordinary
Cardano 1.29x 1.90x Quiet
Chainlink 1.32x 1.62x Quiet
Sui 1.92x 1.53x Ordinary
Bitcoin Cash 0.66x 1.69x Quiet
Hedera 1.73x 1.51x Ordinary
Avalanche 1.53x 1.55x Ordinary
Litecoin 0.64x 1.64x Quiet
Gram 0.66x 1.32x Quiet
Shiba Inu 1.47x 1.75x Quiet
Uniswap 1.75x 1.49x Ordinary
Polkadot 1.49x 1.50x Quiet
Aave 2.17x 1.58x Strong
Bittensor 1.15x 1.68x Quiet
NEAR Protocol 1.92x 1.43x Strong
Aptos 1.45x 1.73x Quiet
Internet Computer 1.34x 1.50x Quiet
POL (prev. MATIC) 1.63x 1.60x Ordinary
Filecoin 1.97x 1.51x Strong

What is the Personal Income and Outlays?

Personal Income measures the change in the total value of income received from all sources by consumers. Income is closely correlated with consumer spending, which accounts for a majority of overall economic activity.

Every Personal Income release for Solana

Questions about this page

Is 1.57x a lot?

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

Will the next Personal Income do the same?

Nobody can say. A forecast shows the range Solana moved in after past Personal Income 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.