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Solana (SOL) Price Today: SOL Slips Under $100 as ETF Outflows Meet Record RWA Growth – Oct 30, 2026
**Solana Family Daily Brief – Friday, October 30, 2026** ## SOL price snapshot (12:20 UTC) - **SOL/USDT & SOL/USDC:** ~$96.50 - **24h change:** about -3.8% - **24h range:** ~$92.1 – $103 - **24h volume:** ~$5.8B (roughly double yesterday's pace) - **Market cap:** ~$57B (#7 by market cap) SOL lost the $100 handle again after a market-wide shakeout. The low near $92 came overnight, followed by a partial bounce back into the high $90s. The month is shaping up as a rough one: SOL is down roughly 15% for October and well off its late-September highs above $120. ## What moved the market in the last 24 hours **1. Market-wide shock from the reported Binance hack.** Binance reported unauthorized transactions with an estimated impact of around $6.3B. Reuters, citing TRM Labs, linked it to North Korea's TraderTraitor group. This is an exchange incident, not a Solana issue, but it triggered heavy liquidations across crypto. More than $600M in SOL-heavy long positions were flushed within about 30 minutes during the move below $96. **2. Solana ETF outflows continue.** US spot Solana ETFs posted a fourth straight day of net outflows, with about $27.7M leaving on Thursday (led by BSOL). The outflow streak since Monday totals roughly $60M, and October is now the worst month since the products launched. Even so, cumulative net inflows since launch still sit near $1.5B. **3. Whale distribution.** On-chain trackers flagged a large wallet that sold about 1.02M SOL (~$104M) over five days, adding supply pressure. **4. Kamino pauses SOL/BTC borrowing as a precaution.** Kamino, one of Solana's largest lending protocols, paused only its SOL/BTC market and says it is "currently unaffected." It's a risk-management move during a volatile session, not an exploit. ## The platform keeps building While the price bled, fundamentals had a strong day: - **Real-world assets hit a new all-time high:** tokenized RWAs on Solana now exceed **$5.19B** (RWA.xyz). - **Ondo launched seven tokenized portfolios on Solana**, three of them BlackRock-powered, with Titan, 1inch, LI.FI and Jumper as launch partners. - **Mirae Asset Securities** (Hong Kong unit) issued tokenized notes on Solana under a $3B program. - **Polygon brought its Open Money Stack payments services to Solana.** - **Core client releases:** Agave v4.4.0 (and v4.5.0-alpha.4) and Firedancer v26.10.5 shipped, plus Solana Kit v8.6.0. The network is now about a week into running **Alpenglow**, the biggest consensus overhaul since 2020, targeting ~150ms finality. - **Network activity stays high:** ~99M transactions and ~2.7M active addresses in 24h. DeFi TVL is about $5.46B, and stablecoins on Solana total around $15.2B. On the softer side, DEX volume (-18% week over week) and perp volume have cooled. ## Key levels to watch - **Support:** $92–95 is the line bulls must hold. It lines up with the rising trendline from June's ~$60 low. Losing it opens $82–77. - **Resistance:** $100–103 first, then $104–105 (the trend-flip zone), then $108–110. - **Momentum:** daily RSI is around 35, close to oversold but not yet there. MACD is still below its signal line. ## Sentiment for the next 24 hours: **Cautious / Bearish-to-Neutral** Short-term pressure dominates: ongoing ETF outflows, whale selling and contagion fear after the Binance incident. We expect choppy trading between **$92 and $102**. A daily close back above $100 with ETF flows turning positive would flip the bias to neutral-bullish. A clean break below $92 likely brings a fast test of the low $80s. Liquidations have already cleared a lot of leverage, so a relief bounce from oversold levels is possible, but the trend needs confirmation first. The bigger picture tells a different story than the chart: record RWA value, institutional tokenization (BlackRock-linked products via Ondo, Mirae), and Alpenglow live on mainnet. Builders are building through the dip. *Not financial advice. Always do your own research and manage your risk.* Sources: SolanaFloor, Solana.com, Cointelegraph, Decrypt, CoinGecko, CoinCentral, crypto.news, CoinGabbar.