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Solana (SOL) Price Today: SOL Holds $82 as RSI Hits Oversold Levels – Daily Market Update Nov 12, 2026
**Solana Family Daily Market Update – Thursday, November 12, 2026** ## SOL price snapshot (SOL/USDT & SOL/USDC) - **Current price:** ~$82.90 (Binance spot / CoinGecko, morning UTC) - **24h change:** roughly flat, between -0.4% and +0.4% depending on the venue - **24h range:** $82.19 low to $85.85 high (Binance spot) - **5-day change:** about -9% - **From the late-September high (~$124–125):** about -33% SOL/USDT and SOL/USDC are trading in lockstep, so stablecoin pair spreads stay tight. After several red sessions, SOL looks to be finding a floor in the low $80s. ## What moved the market in the last 24 hours **1. A broad crypto sell-off, not a Solana-specific problem.** Bitcoin slipped below $73K and SOL printed a 3-month low after a hotter-than-expected US inflation print. Around $530M in leveraged positions were liquidated across the market. BTC spot ETFs have shed roughly $1.6B since the start of November, and that risk-off mood is hitting every major asset. **2. Solana ETF outflows continue.** US spot SOL ETFs posted a fifth straight day of net outflows (about $5.9M on Nov 11, roughly $53M over five sessions; Fidelity's FSOL and Morgan Stanley's MSOL led the redemptions). Context matters, though: cumulative net inflows still sit around **$1.42B**, so this looks like de-risking, not an exodus. **3. The technicals are deeply oversold.** Daily RSI is around 23–27, the lowest in months. SOL broke its multi-month ascending trendline (previously support near $90–92) in early November and trades below its 20, 50 and 200-day moving averages. On Binance Futures, open interest is about $809M (+1.2% in 24h), funding is close to neutral, and most accounts are positioned long. That crowded long side could fuel either a squeeze or a further flush. **4. The network keeps shipping.** Price aside, the fundamentals keep building: - **Alpenglow** is live on mainnet, and target slot times have been cut to **200ms**. - **Solana Privacy Rings** (Helius) launched Nov 10, bringing programmable privacy onchain. - Real-world-asset value on Solana hit a record **~$5B** in October. - **Samsung Wallet** now supports USDC on Solana, and **Charles Schwab** opened SOL trading to its client base. - **Formation Securities** plans a Solana-based venue for 24/7 tokenized stock trading (targeting early 2027). - On-chain activity is still strong: ~106M transactions and ~2.65M active addresses in 24h, ~$1.5B DEX volume and ~$5B DeFi TVL. **5. Breakpoint 2026 is next week.** The Solana Community Awards are on Nov 13 and **Breakpoint 2026 in London runs Nov 15–17**. Announcements from Breakpoint have often been catalysts for SOL. ## Key levels to watch - **Support:** $81.40, then $80 (psychological). Below that, $77. A daily close under $77 opens the door to $70–75. - **Resistance:** $85, then $87.30. Above that, $90–92 (the broken trendline and 200-day SMA zone). Reclaiming $98 would turn the structure bullish again. ## Sentiment for the next 24 hours: Neutral-to-Bearish, with bounce potential The trend is still down. ETF flows are negative, BTC is weak and macro data is risk-off, so the path of least resistance remains sideways-to-lower while SOL is under $85. On the other hand, the RSI is at extreme oversold levels and the market is heading into Breakpoint, so a relief bounce toward **$86–90** is plausible if Bitcoin stabilizes above $72K. Our base case is a **$80–87 range** over the next 24h, with $80 as the line in the sand. *Bias: 🟠 Cautious / Neutral-Bearish. Watch BTC, ETF flow data and the $80 level.* --- *Sources: SolanaFloor, Solana.com News, Cointelegraph, Decrypt, CoinCentral, Blockchain.News, U.Today, DefiLlama data. This is market commentary for the Solana Family community, not financial advice. Always DYOR.*