Solana's network usage reached a 13-month high with 1.88 million active addresses, driven mainly by stablecoin transactions. However, the SOL token price dropped 8.1% over the week to $108.88 amid $22 million outflows from US spot ETFs in October. The price decline reflects selling pressure from institutional investors, while increased network activity does not directly boost token demand since stablecoin transfers pay minimal fees. Key price support levels are $108.42 and $107.11, with resistance at $111.76 and $114.42. Investors should consider regulatory authorizations, staking lock-up periods, and tax implications before buying or staking SOL. Overall, rising usage alone is not enough to raise the token price amid ongoing fund withdrawals.
Solana's SOL token is trading at Rp1.954.688 on Pluang with a slight 0.07% decrease in the past day. The market cap stands at Rp1.150,07 trillion, and trading volume is Rp46,69 trillion as of Oct 10, 2026 08:02 WIB.
In the altcoin spot ETF market, Chainlink (LINK), Binance Coin (BNB), and NEAR ETFs recorded net inflows, signaling investor interest, while Solana (SOL) ETFs experienced net outflows for the fifth consecutive day. Other altcoins like XRP, Dogecoin, ...
SkyAI, a company that primarily holds Solana (SOL) as a treasury asset, is suspected of transferring 468,000 SOL valued at about $51.1 million. This large movement has drawn attention from market watchers, though the purpose and destination of the to...
Solana plans to launch the Alpenglow mainnet upgrade, which will reduce block finality from about 12.8 seconds to roughly 150 milliseconds by replacing the TowerBFT voting layer with Votor. This upgrade will temporarily limit some Block Assembly Mark...
On October 9, Solana (SOL) recorded the highest funding rate among major cryptocurrencies at 0.0100% every eight hours, annualizing to 10.9%. This occurred even as its open interest decreased by 2.65% to $925.6 million, with traders mostly holding lo...
Solana's token holders have seen net income exceed $400,000 for two consecutive weeks, marking a recovery after a prior three-week decline. The Solana token price remains stable between $109 and $111, indicating a consolidation phase. This financial ...
