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Solana (SOL) Price Today: SOL Holds $84 as ETF Outflows Persist, Schwab and Formation Bet on Solana | Nov 10, 2026
**Solana Family Daily Brief, Tuesday, November 10, 2026 (12:15 UTC)** ## SOL market snapshot - **SOL/USDT:** $84.73 - **SOL/USDC:** $84.64 - **24h change:** -1.9% - **24h volume:** ~$2.1B - **Market cap:** ~$50.0B - **7-day:** about -7% | **30-day:** about -22% SOL slipped through the $85 level overnight and printed a new 30-day low. It now trades roughly 30% below its late-September/October high near $124-125. Macro isn't helping: BTC is near $74.5K and ETH sits around $2.1K, so the whole market is risk-off. ## What happened in the last 24 hours **1. Charles Schwab opens SOL trading to 48M clients.** Schwab added SOL to its Schwab Crypto offering, giving eligible US retail clients direct access to the token. It's one of the biggest distribution wins SOL has had in traditional brokerage. **2. Formation Securities plans a tokenized-stock venue on Solana.** On Monday, Formation told the SEC it intends to run a tokenized securities venue on Solana starting in early 2027, under the SEC innovation exemption. The planned launch names are Exodus (EXOD), Forward Industries (FWDI) and Galaxy (GLXY). The venue licenses Orca's AMM software, and the access partners include Alpaca, Anchorage, BitGo, Fireblocks, Solflare and Squads. It's another sign that Solana is becoming a default rail for onchain capital markets. **3. Spot SOL ETFs post a third straight day of outflows.** Provisional data shows about $7.7M-$8.8M left the funds on Nov 9, led by BSOL and TSOL, for roughly $34M over three sessions. Last week was the fifth consecutive weekly outflow. Cumulative net inflows since launch still stand at about $1.4B, with AUM near $1.25-1.3B. BTC and ETH ETFs also bled on the same day, at -$201M and -$185M. **4. Validator debate heats up.** The Solana Foundation's revised delegation program has been in effect since Nov 6. Under it, support phases out over 12 months, and validators with more than 300K SOL of third-party stake exit earlier. Layer33 published an open letter asking the Foundation to pause removal rounds, citing a Nakamoto coefficient of 8. Separately, the staking ratio eased to about 68% (from about 70%). ## The fundamentals keep building - **Alpenglow is live on mainnet.** Votor replaces TowerBFT/PoH voting, with a target finality of about 150 ms, and the target slot time is now 200 ms. - **Tokenized RWAs hit a record of about $5B** in October, and JPMorgan Asset Management brought two tokenized money-market funds to Solana. - **Samsung Wallet** now offers USDC-on-Solana stablecoin accounts to eligible US Galaxy users. - **On-chain activity (DefiLlama):** about 93M daily transactions, 2.7M active addresses, about $1.15B in DEX volume, and TVL near $5.0B. One soft spot: stablecoin market cap on Solana dipped about 4.4% to roughly $14.6B. - **Breakpoint 2026 is in London, Nov 15-17,** a potential catalyst week, with the Community Awards on Nov 13. ## Key levels - **Support:** $82-84 first, then $77-78. The $72 zone (the August low) is the major floor. - **Resistance:** $89 (200-day MA), then $90-92 (the broken trendline). A daily close above $92 would flip the short-term structure; above that, $95.50 is next. - **Momentum:** daily RSI is around 27-31, in oversold territory, and MACD is still bearish. ## Sentiment for the next 24h: Cautiously bearish / neutral The tape is weak. ETF outflows keep piling up, the $85 level broke, and BTC is under pressure, so the path of least resistance is a retest of the $82 area. Still, RSI is deeply oversold and the platform news flow is strongly positive (Schwab, Formation, Alpenglow, record RWAs, Breakpoint next week), which makes a relief bounce toward $88-90 plausible if BTC stabilizes. Our base case is choppy trading in an $82-89 range. Only a daily close below $82 would open the door to $77-72. *This is a community news summary, not financial advice. Always do your own research.* --- Sources: SolanaFloor, Solana.com News, CoinCentral, CryptoDaily, CryptoTicker, CoinGecko, DefiLlama, SoSoValue.