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Solana (SOL) Price Today: SOL Holds $109 as Samsung, DvP and DeFi Growth Meet ETF Outflows | Oct 10, 2026
**Solana Family Daily Brief | Saturday, October 10, 2026 (12:00 UTC)** ## SOL market snapshot (last 24h) - **SOL/USDT:** ~$109.70 | 24h change: about -1.3% | 24h range: $108.43 – $111.15 - **SOL/USDC:** ~$109.65 | 24h change: about -0.6% to -1.3% depending on venue | 24h range: $108.22 – $111.04 - **Market cap:** ~$64.6B | **24h volume (all markets):** ~$2.06B SOL spent the day in a tight ~$3 band, drifting lower after last week's slide from around $121. It is down roughly 9% on the week but still up for the month. ## Today's top Solana stories **1. Samsung Wallet brings Solana stablecoins to 82M Galaxy devices** Samsung Wallet will support USDC cross-border transfers on Solana across its U.S. Galaxy user base, with the rollout starting in late October. It's one of the biggest consumer-distribution wins Solana has had for payments. **2. Solana Foundation launches an open-source DvP standard** The Foundation released an onchain delivery-versus-payment (DvP) settlement program for financial institutions, built with input from J.P. Morgan. It's another sign that Solana is going after tokenized securities and institutional settlement. **3. September roundup: real usage keeps growing** - Tokenized equities on Solana: ~$684M - Stablecoin supply: ~$17.5B - 3.18B non-vote transactions in the month - Addresses holding stablecoins passed 14M on Oct 7 (a record), and new-address creation is up ~124% since early September (Santiment) **4. DeFi rebounds** Solana DeFi TVL is back above $6.5B, its highest level since the Drift hack and up ~38% in two months. Jupiter Lend (over $1.5B TVL) has overtaken Kamino as Solana's largest lending market, and Orca and Loopscale are merging into a new entity called Formation. **5. Tokenized RWAs and stocks** Securitize launched tokenized stocks on Solana ahead of planned 24/7 trading venue listings. Solana also led weekly tokenized-commodities spot volume for the first time, with a 28% share. **6. Network upgrades and security** Faster slot times are rolling out to cut latency for traders and apps. On security, Solana pushed back on calls to go into a defensive \"bunker mode\" over AI-accelerated cryptography threats. **7. ETF flows are the headwind** U.S. spot Solana ETFs saw about $17.7M in net outflows from Oct 5 to Oct 7 (SoSoValue). Analysts link this cooling demand to SOL's weekly pullback. ## Technical picture - **Support:** $108.5 (50-day SMA), then $106.5. A daily close below $106.5 would weaken the recovery case. - **Resistance:** $111.8, then $113.7–$115 (EMA cluster), with the 20-day SMA near $117.8. - **Momentum:** RSI ~44 (neutral-soft), MACD flat, and Stochastic near oversold (~20). Funding is neutral and taker flow leans slightly toward sellers. ## Sentiment for the next 24 hours: NEUTRAL, slightly bearish Fundamentals are the strongest they've been in months: Samsung distribution, institutional DvP, record stablecoin holders and recovering DeFi TVL. Short-term price action is a different story. ETF outflows, a stalled MACD and weekend liquidity favor more sideways chop in the **$106.5 – $113** range. - **Bullish trigger:** reclaiming $111.8 on volume opens a move toward $113.7–$115. - **Bearish trigger:** losing $108.5 on a closing basis exposes $106.5. Our base case is consolidation around $108–$112 into Sunday, with oversold oscillators giving bulls a chance at a relief bounce if BTC holds steady. *This post is for information only and is not financial advice. Always do your own research.* Sources: SolanaFloor, Solana.com News, Cointelegraph, Decrypt, Blockchain.News, 24/7 Wall St.; price data from Kraken, Binance.US, Coinbase and CoinGecko.