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Solana drops 15.8% in October, closing near $100 after summer gains, signaling a market pullback.

Market News
30 Oct 2026, 00:32 WIB
CryptoTicker
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Bearish
Solana drops 15.8% in October, closing near $100 after summer gains, signaling a market pullback.

Solana's price fell 15.8% in October, closing near the $100 mark after strong gains in August and September. This marks the first monthly loss since July, with trading volumes and capital locked in Solana applications also declining. The price now faces key support around $88.72 and resistance near $109.38. Investors should note tax implications for holding periods and staking rewards before the month ends. The monthly close is a key reference point but not a direct price mover; market reactions around this time can increase volatility.

Solana trades at Rp1.774.567 on Pluang as of Oct 30, 2026 04:51 WIB, down 4.48% in the past day. The platform shows a market cap of Rp1.043,91 trillion and a 24-hour trading volume of Rp74,6 trillion. This price movement complements the article's note of a 15.8% drop in October, marking the first monthly loss since July, with Pluang users currently leaning more towards selling at 65% order activity.

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