Solana's price fell below $100 for the fourth consecutive day, trading at $92.95 with an 8.8% weekly drop, raising concerns among investors. The decline is linked to significant ETF outflows, U.S. midterm election uncertainty, and movements of stolen SOL from the Binance hack. Technical indicators show bearish momentum, with SOL testing key support levels around $89.27 and potential for further decline. However, growing real-world stablecoin adoption and increasing holder addresses offer some optimism for a possible price reversal.
Despite Solana's price dropping below $100 for several days as the article notes, on Pluang, SOL trades at Rp1.703.161 with a positive 1-day change of 1.25% as of Nov 04, 2026 18:23 WIB. The platform shows a market cap of Rp1.001,69 trillion and a 24-hour trading volume of Rp50,08 trillion, with more buyers (61%) than sellers (39%) currently active. Typical holding time on Pluang is 72 days, indicating some investor confidence amid recent volatility.
The total stablecoin market capitalization has declined by 6% from $280 billion in April to $263 billion currently, reflecting reduced liquidity in crypto markets. Binance's Tether (USDT) reserves have shrunk by 7.8% over the past 30 days to about $3...
Solana (SOL) traded below the $90 mark, reaching 89.96 USDT, reflecting a 2.06% decline over the past 24 hours. This drop is notable as it falls below the previous $100 threshold. Solana's network supports digital assets and applications, making its ...
Security firm Salus traced about 3,600 stolen Solana (SOL) tokens, worth roughly $22 million, to HitBTC's hot wallet, showing how hackers use complex routes to launder stolen funds. The tokens originated from a Binance theft and were moved using auto...
Solana processed about 3.3 billion successful non-vote transactions in October 2026, marking its sixth consecutive monthly record and a 3.8% increase from September. This growth reflects rising activity in trading, payments, and stablecoin transfers,...
Solana recorded approximately 3.3 billion successful non-vote transactions in October, averaging about 109 million transactions daily. This marks the sixth consecutive month of record-high activity, driven by faster slot times and increased block com...
