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Solana (SOL) Price Today Nov 4, 2026: SOL Holds $92 as ETF Outflows Cool | Daily Market Update
**Solana Family Daily Market Update — Wednesday, November 4, 2026 (12:15 UTC)** ## SOL price snapshot - **SOL/USDT:** $92.85 - **SOL/USDC:** $92.69 - **24h change:** roughly flat (-0.02%) - **24h range:** $89.80 – $94.15 - **Market cap:** ~$54.7B | **24h volume:** ~$2.8B - **BTC:** ~$77,950 (+1.1% in 24h) SOL spent the last day chopping in a tight $90–$94 band. Buyers defended the $90 area again, but every push toward $94 met sellers. The token is still trading below its key moving averages and well under the $100 level it lost last week. ## What moved the market **1. ETF outflows are pausing, not reversing.** Last week U.S. spot Solana ETFs posted their largest weekly withdrawals since launch, part of what SolanaFloor called the products' worst month so far. The latest daily data showed no net flows, with five-day outflows around $63M. Selling pressure from funds has eased, but fresh institutional demand has not returned yet. **2. Seven-month lows and whale transfers.** The slide below $95 pushed SOL to its lowest level in about seven months, with large wallet transfers to exchanges adding to supply. Analysts are watching a rising trendline that has supported SOL since June. It is being tested now. **3. Macro is still in charge.** Bitcoin is trading below $80K after repeated breaks of that level amid Middle East tensions. SOL continues to move as a high-beta follower of BTC, so the direction of Bitcoin remains the main driver for SOL in the short term. **4. Fundamentals keep building underneath.** The network side tells a different story from the chart: - **Alpenglow** is live on mainnet (since Oct 21), replacing TowerBFT and targeting ~150ms finality. Solana's co-founders say it's time to drop the "beta" tag. - **Institutional rails:** Mirae Asset Securities issued tokenized notes on Solana, the Foundation launched **Solana DvP** for atomic settlement, and Samsung partnered with Solana on cross-border stablecoin payments for Galaxy devices. - **DeFi:** Kamino's CEO laid out his vision for the KMNO token (Nov 3), and Jupiter continues to lead Solana lending across key metrics. - **Security watch:** on-chain investigators flagged a possible ~$786K drain of a Solana arbitrage bot wallet. This is a bot-level incident, not a protocol issue. **5. Community.** The finalists for the **Solana Community Awards 2026** are out: 48 finalists across 12 categories. Voting closes Nov 9, and the ceremony is Nov 13 in London alongside Breakpoint. ## Levels to watch - **Support:** $90 (defended twice today), then the high-$80s - **Resistance:** $94–$95, then the psychological $100 ## Sentiment for the next 24 hours: **Neutral, with a cautious tilt** Fund selling has slowed and $90 is holding, which limits the downside. But SOL remains below key averages, ETF demand hasn't come back, and Bitcoin is stuck under $80K. Expect range trading between $90 and $95. A daily close above $95 with BTC reclaiming $80K would flip the bias bullish. Losing $90 would open the high-$80s. The long-term picture (Alpenglow, tokenization, payments) stays constructive. The short-term picture is about patience. *This is a news summary for the Solana Family community, not financial advice. Always do your own research.* Sources: SolanaFloor, Solana.com, Cointelegraph, Decrypt, FXStreet, Invezz, TokenPost; prices from Kraken and CoinGecko.