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Solana price drops 10.4% in a week amid ETF outflows and upcoming protocol upgrade

Market News
15 Oct 2026, 12:32 WIB
CryptoTicker
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Bearish
Solana price drops 10.4% in a week amid ETF outflows and upcoming protocol upgrade

Solana's price fell to $102.99 on October 15, down 10.4% over the past week, driven by eight consecutive days of outflows from US spot ETFs totaling $24.8 million. Despite this, blockchain activity shows increased liquidity with $3.5 billion of USDC minted on Solana in seven days and $786.3 million in tokenized equities volume, indicating shifting network use. The upcoming Alpenglow protocol upgrade on October 21 will change consensus mechanisms, requiring validators to switch software temporarily. Market watchers see $107 as a key resistance level and $97.95 as support, with fund flows currently influencing short-term price direction more than network usage.

Solana trades at Rp1.843.617 on Pluang as of October 15, 2026, 16:51 WIB, showing a 3.38% decline in the last day. The market cap stands at Rp1.086,88 trillion with a 24-hour trading volume of Rp69,99 trillion. Despite recent price drops, buying interest remains strong on Pluang with 76% of orders favoring purchases and a typical hold time of 71 days.

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