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Solana (SOL) Price Today: SOL Holds $92 After Binance Hack Shock – Daily News & 24h Outlook (Nov 3, 2026)
**Solana Family Daily Brief – Tuesday, November 3, 2026** Good morning, Solana Family. Here's what moved SOL and the Solana network over the last 24 hours. Memecoins are left out today: this brief covers SOL and the platform only. ## 📊 SOL price snapshot (≈12:15 UTC) - **SOL/USDT:** ~$92.73 - **SOL/USDC:** ~$92.55 - **SOL/USD (aggregate):** ~$92.41 - **24h change:** about **-2.1%** - **24h range:** ~$90.80 – $94.90 - **24h volume:** ~$2.45B - **Market cap:** ~$54.5B - **BTC for context:** ~$76,980 (-1.3%) SOL is underperforming Bitcoin again and stays below the psychological $100 level. Momentum is stretched: daily RSI sits in deeply oversold territory, around 26. ## 📰 Top stories from the last 24 hours **1. Binance hack fallout keeps pressure on the market.** After the ~$6.3B exploit on Oct 29, Binance resumed withdrawals on Nov 1, with SOL among the first networks to reopen. More than $6B left Binance-linked wallets in about 24 hours. Binance says it has replenished roughly 95% of affected assets. On-chain trackers also flagged a hacker-linked address that held ~970,000 SOL. About half of it was reportedly swapped into BTC over the weekend, adding to sell-side worries for SOL. **2. Solana ETFs post their worst stretch since launch.** U.S. spot Solana ETFs just had their heaviest weekly withdrawals since launch, with recent outflow reports around $71M. October went down as the products' worst month so far. On the other side of the world, Hong Kong added a second Solana ETF (Pando), which helps Solana's institutional footprint over time. **3. RWAs and stablecoins keep hitting records.** Real-world-asset value on Solana is above **$5.1B**, up ~17.6% in 30 days. RWA holders grew to ~860K and monthly RWA transfer volume reached ~$16.2B (+80%). Stablecoin supply on Solana hit a record of roughly **$17.5B**. Q3 app revenue came in near $300M (+50% QoQ). The fundamentals are improving even as the price weakens. **4. Asia expansion continues.** Anchorpoint announced plans to bring Hong Kong's HKDAP stablecoin to Solana, and the Samsung partnership puts Solana in front of a large base of Galaxy devices. **5. Core protocol: Alpenglow and Firedancer.** The Alpenglow consensus redesign targets 100–150ms finality, and Firedancer is growing as an independent validator client. Together they are the main pieces of Solana's 2026 performance story. Solana co-founders are now saying it's time to drop the "beta" label from the network. ## 🔍 Key levels to watch - **Support:** $90.20, then $88.50–$88.90 (the 200-day SMA zone). A clean break could open $83 and then $77–$78. - **Resistance:** $94.30, then $96.70. Above that, the 20-day SMA is near $100.85. ## 🧭 Market sentiment for the next 24h: **Neutral-to-Bearish (cautious)** **Bearish factors:** - Continued ETF outflows - Possible selling from hack-linked SOL wallets - BTC stuck below $80K - SOL trading under its 7-, 20- and 50-day moving averages **Bullish factors:** - Deeply oversold RSI, which favors a relief bounce - Strong support at the 200-day SMA - Record stablecoin and RWA activity on-chain **Our base case:** choppy trading between **$89 and $96**. A daily close above $96.70 would turn the short-term tone neutral-bullish. Losing $88.50 would likely bring a test of the low $80s. The network keeps getting stronger while the price takes a break. Stay patient, size your positions carefully and keep your keys safe. *This post is for information only and is not financial advice. Always do your own research.* — Solana Family Daily News Desk


