FeesSafety
Pluang+

Solana issues 62,415 new SOL daily at 3.58% inflation; price steady near $95 despite monthly 18% drop

Protocol Fundamentals
03 Nov 2026, 03:26 WIB
CryptoTicker
View Source
Neutral
Solana issues 62,415 new SOL daily at 3.58% inflation; price steady near $95 despite monthly 18% drop

Solana's network inflation rate is 3.5777% annually, producing 62,415 new SOL tokens daily, worth about $5.97 million at current prices. Despite this steady emission, Solana's price hovered around $95.72, showing a slight daily gain but an 18.9% decline since early October. Most circulating SOL (73.49%) is staked, which locks up new supply and reduces selling pressure. The emission rate is declining yearly, easing dilution over time, and current trading volumes dwarf daily emissions, suggesting supply is not the main driver of price movements. Investors should watch key price levels at $93.57 support and $96.94 resistance, with tax implications for staking rewards in Germany also noted.

Solana trades at Rp1.676.192 on Pluang with a 2.72% decline as of Nov 03, 2026 08:41 WIB, showing notable volatility despite the network's steady token emission. The platform sees a healthy 24-hour trading volume of Rp50,35 trillion and a market cap nearing Rp987,54 trillion, indicating strong investor interest. This aligns with the article's note on supply dynamics, as 62% of Pluang orders are buys, reflecting ongoing demand amid price fluctuations.

More News (SOL)

Solana faces potential drop to $73 amid midterm election patterns and declining network activity.

Solana faces potential drop to $73 amid midterm election patterns and declining network activity.

Solana (SOL) may see further price declines based on historical midterm election trends and current market signals. The asset has dropped about 20% in the past month, with data showing SOL typically underperforms a year after midterms before recoveri...

Protocol Fundamentals
Bearish
6 hours ago
Solana app revenue hits $299M in Q3 2026, up 48%, with spot DEX volume rising 23% to $197B.

Solana app revenue hits $299M in Q3 2026, up 48%, with spot DEX volume rising 23% to $197B.

In Q3 2026, Solana applications generated $299.1 million in revenue, marking a 48% increase from Q2. Spot decentralized exchange (DEX) volume on Solana also grew 23% to $197.2 billion, showing rising activity in both app usage and trading. Solana's s...

Protocol Fundamentals
Neutral
6 hours ago
Cash on Kamino gained 2% in 30 days, boosting buying power amid Solana's 21% drop.

Cash on Kamino gained 2% in 30 days, boosting buying power amid Solana's 21% drop.

An X account named gum shared a strategy of holding cash on the Kamino platform, which earned a 2% return over 30 days while Solana (SOL) prices fell by 21%. This approach increased the account's buying power, allowing it to purchase about 29% more S...

Protocol Fundamentals
Neutral
7 hours ago
Solana faces heavy selling as whale dumps $148.77M in SOL, breaking key $95.50 support.

Solana faces heavy selling as whale dumps $148.77M in SOL, breaking key $95.50 support.

A large Solana whale deposited 1.49 million SOL worth $148.77 million across multiple exchanges, raising fears of significant selling pressure. Despite some positive netflows, the overall market shows strong selling dominance in both spot and futures...

Technical Signals
Bearish
9 hours ago
DeFi Development Corp. boosts Solana holdings to 2.6M SOL, citing tokenization as key to growth

DeFi Development Corp. boosts Solana holdings to 2.6M SOL, citing tokenization as key to growth

DeFi Development Corp. increased its Solana (SOL) holdings by 5,336 tokens, bringing the total to about 2.6 million SOL. CEO Joseph Onorati emphasized that tokenization is a crucial factor for Solana's long-term development. The company's treasury is...

Protocol Fundamentals
Bullish
10 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App