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Solana (SOL) drops below $110, down over 5% amid broader crypto market weakness

Market News
08 Oct 2026
Tokenpost
View Source
Bearish
Solana (SOL) drops below $110, down over 5% amid broader crypto market weakness

Solana (SOL) fell below the $110 mark on October 8, closing at around $109.95 with a daily decline of approximately 5.46%. This drop places SOL just under the key $110 threshold, reflecting a notable decrease in its market value. The decline in SOL's price coincides with a similar drop in Ether (ETH), which fell below $2,500, indicating broader weakness in the cryptocurrency market. These movements are important for investors tracking the performance of major blockchain tokens and could signal further volatility ahead.

Following the news of Solana dipping below $110, on Pluang, SOL trades at Rp1.952.578 with a 1-day change of -6.00% as of Oct 08, 2026 22:43 WIB. The platform shows a balanced order activity of 50% Sell and 50% Buy, with a typical hold time of 71 days. SOL's market cap stands at Rp1.188,67 trillion, supported by a 24-hour trading volume of Rp56,9 trillion, indicating active investor engagement despite the price drop.

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Solana (SOL) drops 2.9% in an hour, extending 24-hour loss to 6.11% amid $15.85M long liquidations.

Solana (SOL) drops 2.9% in an hour, extending 24-hour loss to 6.11% amid $15.85M long liquidations.

Solana (SOL) experienced a sharp price decline of 2.90% within one hour, falling from $113 to $109 as of 11:33 a.m. ET on October 8. This drop extended its 24-hour loss to 6.11%. The decline coincided with significant long liquidations totaling $15.8...

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