Solana's network has seen a 124% growth since early September, driven by a rise in wallet creation and daily active addresses, which increased 58% to about 4.27 million. The stablecoin ecosystem on Solana also expanded significantly, with over 14 million addresses holding stablecoins and a total supply exceeding $15 billion. However, institutional interest via U.S.-listed Solana ETFs has weakened, with net outflows surpassing $22 million in October after a strong inflow of $271 million in September. This divergence highlights growing user activity on the network despite reduced institutional investment in spot SOL products.
Despite Solana's network growth surging 124% since early September, SOL's price on Pluang stands at Rp2.016.903 as of Oct 08, 2026 21:15 WIB, down 2.65% in the past day. Its market cap is Rp1.181,44 trillion, with a balanced 50% sell and 50% buy order activity, indicating steady trading interest. This contrasts with the large October ETF outflows noted in the news, showing that retail trading on Pluang remains active even as institutional flows weaken.
Solana (SOL) experienced a sharp price decline of 2.90% within one hour, falling from $113 to $109 as of 11:33 a.m. ET on October 8. This drop extended its 24-hour loss to 6.11%. The decline coincided with significant long liquidations totaling $15.8...
Solana (SOL) experienced $15.11 million in long-position liquidations within an hour ending at 7:28 a.m. ET on October 8, as its price fell 2.38% from $112 to $110. Total liquidations across Binance, Bybit, and OKX reached $15.14 million, with short-...
Solana (SOL) fell below the $110 mark on October 8, closing at around $109.95 with a daily decline of approximately 5.46%. This drop places SOL just under the key $110 threshold, reflecting a notable decrease in its market value. The decline in SOL's...
Solana's price dropped below the key $116 support level, trading near $112 on October 8, following $17.7 million in net outflows from U.S. Solana ETFs over three sessions. Technical indicators show a weakening momentum with potential downside targets...
Solana Foundation's Technical VP Jacob Creech confirmed the network remains secure against quantum computing threats due to its use of Ed25519 keys, which keep the secret seed off-chain. This design means even if quantum attacks compromise derived ke...
