Solana's token (SOL) price fell about 15% from early October to October 20, dropping from around $122 to near $104, despite the blockchain leading weekly network revenue for five consecutive weeks. From October 12-18, Solana generated $6.54 million in network revenue, more than twice that of its closest competitor, BNB Chain. Meanwhile, the number of addresses holding tokenized stocks on Solana grew significantly, reaching about 1.4 million by mid-October. However, the decline in SOL's price does not directly correlate with these network activity measures, and the exact reasons behind the price drop remain unclear.
Solana's market cap on Pluang stands at Rp1.102,14 trillion as of October 20, 2026, with a 24-hour trading volume of Rp38,85 trillion. Despite the recent price drop noted in the article, SOL's price on Pluang shows a modest 0.54% decline over the last day, trading at Rp1.881.117. The platform data indicates a fairly balanced order activity with 53% sell and 47% buy orders, and investors typically hold SOL for about 71 days, highlighting steady interest in the token amid its network revenue leadership.
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XRP traded close to $1.2941, slightly down 1.45% over 24 hours, while Cardano (ADA) saw the steepest 24-hour drop at 2.01%, falling to $0.2155. Solana (SOL) remained above $100, trading at $104 but down 1.34%. These prices reflect daily market moveme...
