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Solana hits technical records in October but SOL price dips below $90 amid market sell-off.

Protocol Fundamentals
08 Nov 2026, 11:53 WIB
The Currency Analytics
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Neutral
Solana hits technical records in October but SOL price dips below $90 amid market sell-off.

In October 2024, Solana achieved major technical upgrades, doubling block production speed and reducing finality time significantly, alongside record growth in tokenized assets and institutional adoption. Despite these advances, including partnerships with J.P. Morgan and Samsung Wallet, SOL's price fell below $90 due to broader market sell-offs and declining institutional demand. Technical indicators suggest potential price recovery if SOL reclaims key resistance levels around $90 and $95. Investors are watching for signs of momentum shift amid ongoing macroeconomic pressures.

As of Nov 08, 2026 17:21 WIB, Solana (SOL) trades at Rp1.613.759 on Pluang, showing a 0.96% decline over the past day. The platform records a market cap of Rp954,36 trillion and a 24-hour trading volume of Rp15,45 trillion, with 65% of orders leaning towards buying. Typical hold time for SOL investors on Pluang is 72 days, indicating moderate-term interest despite recent price pressures.

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