Solana's stablecoin reserves fell from $17.45 billion on September 25 to $16.33 billion by October 11, a 6.4% decline indicating that $1.12 billion left the chain. This reduction reflects actual sell or transfer activity, not price changes, and suggests increased selling pressure which could cause higher slippage on large trades. Compared to Ethereum's $145 billion stablecoin cushion, Solana's smaller reserve means price impact from outflows is more significant. Nearly 45.5% of Solana's stablecoins have EU authorization, while 30.7% do not, affecting trading options in Europe. Investors planning large sales should check trading venue liquidity and token authorization status to minimize risks. The decline is seen as a cooling phase rather than a crisis, with total locked value on Solana also down but still recovering from prior highs.
Solana trades at Rp1.985.863 on Pluang, up 0.99% as of Oct 12, 2026 01:51 WIB. Despite the 6.4% drop in stablecoin reserves, Solana's market cap remains strong at Rp1.179,09 trillion. Pluang users show a buying interest with 73% buy orders and a typical hold time of 71 days, indicating steady investor confidence.
Ethereum hovered around $2,500 on October 11 after a volatile week marked by a broad crypto selloff impacting major assets like Bitcoin and Solana. Analysts highlight the $2,550–$2,600 range as a critical resistance level for Ethereum, with a potenti...
Solana (SOL) saw a 2.15% price increase within one hour, reaching $112 on October 11, marking a 1.35% gain over the past 24 hours. This price movement occurred on Binance's spot SOL/USDT market, where SOL rose from $110 to $112. During the same hour,...
U.S. spot Bitcoin ETFs experienced significant outflows in early October, losing a net $386.3 million after a $484.9 million exit on Wednesday, their worst day since June. Ethereum ETFs have faced an even longer outflow streak of nine days, shedding ...
U.S.-listed XRP ETFs continued their inflow streak for the 13th consecutive week ending Oct. 9, attracting $11.31 million and raising cumulative inflows to $1.80 billion. Meanwhile, Bitcoin, Ethereum, and Solana ETFs experienced significant outflows ...
This week, key crypto prices like Bitcoin, Ether, XRP, and Solana are closely watching the US consumer price index release on October 14 and Germany's crypto tax bill discussion. Bitcoin trades above $82,900, with all four coins above their 200-day a...
