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Solana leads crypto transactions for 5 months, facing key $100 support amid pullback.

Protocol Fundamentals
12 Oct 2026
Tokenpost
View Source
Neutral
Solana leads crypto transactions for 5 months, facing key $100 support amid pullback.

Solana has dominated daily cryptocurrency transactions for five straight months, handling about twice the combined transactions of other major blockchains. Recently, Solana's price peaked at $126 before declining, with the $100-$118 range now crucial in determining if this pullback will reset or deepen. Additionally, Shiba Inu's launch on Solana boosted SHIB trading volume by 199%, highlighting growing activity on the network.

Solana trades at Rp1.992.718 on Pluang as of Oct 12, 2026 18:02 WIB, up 2.05% in one day. Its market cap stands at Rp1.177,16T with a 24-hour volume of Rp39,76T. Shiba Inu also shows positive momentum, priced at Rp0,0971 and up 0.69% in the same period, with a market cap of Rp57,47T.

More News (SOL)

Solana processes over 50% of daily crypto transactions, nearing key price support at $100-$118.

Solana processes over 50% of daily crypto transactions, nearing key price support at $100-$118.

Solana has dominated blockchain activity by handling more than half of all daily cryptocurrency transactions for the past five months, even processing twice as many as other major chains combined. This surge highlights strong demand and Solana's capa...

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Market News
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Solana's fees drop 35% in a week while price holds near $112, signaling potential sideways trading between $109 and $117.

Solana's fees drop 35% in a week while price holds near $112, signaling potential sideways trading between $109 and $117.

Solana's blockchain applications generated $99.6 million in fees over the past week, a 35.3% decline from the previous week, despite the price only falling 7.3% to around $112. This divergence suggests that while the price remains stable near the 50-...

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Circle mints $3.5B USDC on Solana, boosting liquidity and potential price impact

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Circle has minted about $3.5 billion worth of USDC stablecoins on the Solana blockchain in the past week, increasing liquidity and network activity. This move supports Circle's strategy to expand USDC availability across blockchains and contributes t...

Protocol Fundamentals
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Solana (SOL) rises nearly 3% but struggles to break key resistance near $116.

Solana (SOL) rises nearly 3% but struggles to break key resistance near $116.

Solana (SOL) traded up 2.99% to $112.96 but remained below key resistance levels at $114.49 and $116.03. The token is positioned between its 50-day and 20-day moving averages, with a daily close above $116.03 needed to weaken the current bearish tren...

Technical Signals
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