Solana's price dropped to around $114.88, approaching a critical support zone between $110 and $116 after recent net outflows from Solana ETFs totaling $1.13 million. Technical indicators show weakening short-term momentum, with price below the 20-day EMA and bearish MACD signals, but longer-term supports at the 50-day EMA ($107.11) and 200-day SMA ($86.45) remain intact. A confirmed close below the $110–$116 breakout floor could lead to a test of deeper support near $104.40, though fundamental adoption news like Fiserv's stablecoin platform launch on Solana adds complexity to the bearish outlook. Investors should watch if Solana can hold above $110–$116 or if it breaks lower, as this will determine the near-term price direction.
Solana's market cap on Pluang stands at Rp1.191,01 trillion as of Oct 08, 2026 20:33 WIB, highlighting its significant presence in the crypto market. The token is trading at Rp2.008.003 with a 1-day decline of 3.43%, reflecting recent downward momentum. Trading volume remains robust at Rp54,32 trillion, with balanced order activity split evenly between buyers and sellers, and typical hold time on Pluang is 71 days, indicating moderate investor engagement.
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'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 mil...
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...
On October 8, the total cryptocurrency market capitalization dropped by 4.39% to $2.80 trillion, with Bitcoin falling 1.59% to $82,216. Other major coins also declined: Ether decreased 1.55% to $2,527, XRP fell 3.53% to $1.39, and Solana dropped near...
A crypto whale holds a massive $252 million long position in Ethereum, with liquidation prices near $2,445. Another trader has $26.5 million in leveraged shorts across major tokens, showing $586,000 unrealized profit. Meanwhile, tokenization of finan...
