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Solana price dips below $100 as ETFs see $24.8M outflows amid selling pressure

Market News
29 Oct 2026, 19:58 WIB
Coinpaper
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Bearish
Solana price dips below $100 as ETFs see $24.8M outflows amid selling pressure

Solana's price fell below $100, trading around $99.71, after US-listed spot Solana ETFs recorded $24.82 million in outflows over two days, signaling weakening demand. The cryptocurrency faces critical support between $96 and $100, with potential downside targets at $90 if support breaks. Despite recent network upgrades and growth in tokenized assets, SOL's price struggles to recover, highlighting a disconnect between blockchain improvements and market sentiment. Traders are watching for a breakout above $105 to signal a possible recovery.

While the article highlights Solana's price falling below $100, on Pluang as of Oct 30, 2026 00:02 WIB, SOL trades at Rp1.850.608 with a 1-day gain of 0.62%. This contrasts with the reported ETF outflows, showing continued buying interest on the platform where 64% of order activity is buy-side. SOL's market cap on Pluang stands at Rp1.089,62 trillion, reflecting solid investor engagement despite recent price pressures.

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