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Solana price drops 3.5% amid SkyAI's large sell-off at a loss, raising market caution.

Market News
13 Oct 2026
AMBCrypto
View Source
Bearish
Solana price drops 3.5% amid SkyAI's large sell-off at a loss, raising market caution.

Solana's price fell to $108.30 after a 3.5% drop in 24 hours, influenced by SkyAI selling half of its 2 million SOL holdings at a loss. SkyAI plans a tender offer to buy back shares, aiming to optimize its capital structure while pursuing its AI platform strategy. Despite the sell-off, some optimism remains with a 6.9% rise in SOL DAT and potential for gains if SOL surpasses $115. Traders should watch this key level for market direction.

Solana trades at Rp1.898.863 on Pluang as of Oct 13, 2026 18:21 WIB, down 4.46% in the last day. The market cap stands at Rp1.120,17T with a 24-hour volume of Rp70,16T. Pluang users show 68% buy activity, holding SOL for an average of 71 days, indicating steady interest despite recent price drops.

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