Solana's price recovered to around $116 on September 24 after dipping to $112.52 earlier in the day, following a recent high near $120. The 4-hour chart shows a bullish trend with support at $112.38, but the daily chart indicates resistance near $119.90, where the latest rally stalled. Market indicators suggest cautious momentum, with potential support at $110 if prices fall, while a break above $120 could lead to further gains. External factors like US regulatory developments and interest rate hikes provide background but don't directly explain the recent price moves. Traders are watching key levels closely to determine if the rebound will continue or if a deeper correction is coming.
Solana trades at Rp2.095.979 on Pluang, up 2.27% as of September 24, 2026, 23:22 WIB, showing positive momentum in line with the recent price recovery noted in the article. The platform records a balanced order activity of 50% Sell and 50% Buy, reflecting cautious trader sentiment amid resistance near $120. With a market cap of Rp1.226,23 trillion and 24-hour volume of Rp72,61 trillion, Solana remains actively traded on Pluang as investors watch key levels closely.
Solana (SOL) saw its price rise to $117 on September 24, marking a 3.57% increase within four hours. This price movement coincided with $2.23 million in short position liquidations across major exchanges Binance, Bybit, and OKX, while no long positio...
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The U.S. SEC has approved new generic listing standards that cut approval times for commodity-backed crypto exchange-traded products (ETPs) from up to 240 days to about 75 days. This change allows institutional managers to launch spot funds for Solan...
The Solana Foundation has named Rachel Conlan as Chief Strategy Officer and Jamal Raess as General Manager of Payments to strengthen its institutional adoption and payment solutions. This move aligns with Solana's growing activity in stablecoin settl...
The Solana Foundation has appointed Rachel Conlan, former global Chief Marketing Officer at Binance, as chief strategy officer, and Jamal Raees as general manager of payments. These strategic hires aim to strengthen Solana's institutional adoption an...
