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Solana leads altcoins with 9% weekly gain, boosted by strong demand and record network activity.

Market News
20 Sep 2026
AMBCrypto
View Source
Bullish
Solana leads altcoins with 9% weekly gain, boosted by strong demand and record network activity.

Solana (SOL) is showing strong momentum in October, leading large-cap altcoins with a 9% weekly gain and breaking key resistance levels. Its relative demand is increasing compared to Ethereum and Bitcoin, supported by fresh institutional inflows into U.S. Spot Solana ETFs and record on-chain activity hitting 5.2 billion transactions in August. This combination of technical strength, growing dominance, and new capital inflows suggests SOL could continue its rally and lead the altcoin market higher in October.

Following Solana's strong momentum in October noted in the article, on Pluang the token trades at Rp1.925.045 as of Sep 20, 2026 22:21 WIB, showing a 1-day decline of 2.93%. Despite this short-term dip, Solana maintains a significant market cap of Rp1.132,8 trillion and a robust 24-hour trading volume of Rp50,64 trillion, with typical holders on Pluang holding for about 70 days. The platform data highlights a current order activity skewed towards selling at 77%, contrasting with the article's focus on inflows and momentum.

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