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Solana (SOL) drops 3.6% in four hours, hitting $98.94 amid significant long liquidations.

Market News
29 Oct 2026, 23:12 WIB
Tokenpost
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Bearish
Solana (SOL) drops 3.6% in four hours, hitting $98.94 amid significant long liquidations.

Solana (SOL), ranked seventh by market cap, fell 3.60% over four hours to $98.94 on October 29, down from $103 earlier on Binance's SOL/USDT spot market. Over 24 hours, SOL declined 4.25%. During a one-hour period across Binance, Bybit, and OKX, $3.12 million in long positions were liquidated compared to $120,000 in shorts, indicating stronger selling pressure on long holders. This price drop and liquidation activity highlight increased market volatility for SOL, which investors should monitor closely.

As of Oct 30, 2026 03:35 WIB, Solana (SOL) trades on Pluang at Rp1.796.586 with a 1-day decline of 3.16%. The platform shows a market cap of Rp1.070,49 trillion and a 24-hour trading volume of Rp54,37 trillion. Sell orders dominate at 65%, indicating a prevailing bearish sentiment among Pluang users, while the typical holding period is 72 days.

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