Last Updated: November 7, 2026
Solana is trading near $90 on Saturday, November 7, up about 0.5% over 24 hours but down 6% over the week, as record ETF outflows and five straight weekly losses keep the token pinned near its 200-day average. Here is today’s SOL price, the levels that matter and what is driving the market.
Key Takeaways
- SOL trades at approximately $90.11, up 0.54% over the past 24 hours and down 6.04% over the past week, with a market capitalization of about $53.26 billion, according to CoinGecko. It is about 69.3% below its all-time high of $293.31 from January 19, 2025, and has traded between about $89.48 and $91.33 over the past day.
- The token is sitting just above its 200-day moving average, which stands near $89, a line it has defended for two sessions. That level separates a normal correction from a change of trend.
- Solana ETFs are the problem. The funds posted a record weekly outflow of $71.47 million in the week to October 31, the biggest since launch, and outflows have run for ten consecutive sessions, according to fund-flow trackers.
- Momentum is washed out. SOL has lost five straight weeks and trades below its 50-day average near $103, with the daily RSI near 31 — oversold, but not yet turning.
- Sentiment and macro are working against it. The Crypto Fear and Greed Index reads 25, Extreme Fear, and Friday’s 165,000 payroll print lifted December rate-hike odds to about 73%, which hits high-beta altcoins hardest.
Metrics
| Metric | Value | Price | ~$90.11 | 24h Range | $89.48 to $91.33 | Market Cap | ~$53.26 billion | 24h Volume | ~$1.89 billion | All-Time High | $293.31 (January 19, 2025) | ATH Drop | -69.3% | Circulating Supply | ~590.98 million SOL |
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Data: CoinGecko, November 7, 2026.
Price Analysis
Solana is trying to build a base at $90. It traded between $89.48 and $91.33 in the past 24 hours after closing November 6 at $89.23, its lowest daily close in two weeks. The token is 6% lower on the week and roughly 12% below its October 29 level near $102.
Over the past two weeks SOL has ranged from about $89.23 to a high near $102.32 on October 29, based on CoinGecko data. The $91.33 level is the immediate barrier, with the $95.51 November 5 close and then $100 behind it, while $89.48 and the $85 support level mark the floor below. For the day’s news, see crypto market today and crypto news today.
Support and Resistance
| Level | Price | Resistance 2 | $100 | Resistance 1 | $91.33 | Current Price | ~$90 | Support 1 | $89.48 | Support 2 | $85 |
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What Could Happen Next
Bullish scenario: a daily close above $91.33 would put the $95.51 level and then $100 back in play, and a reclaim of $100 would restore the 200-day average on longer lookbacks. The first ETF inflow day in two weeks is the catalyst to watch.
Base scenario: SOL chops between about $89 and $95 while the ETF outflow streak runs its course, with the 200-day average near $89 acting as the floor and thin weekend liquidity exaggerating either direction.
Bearish scenario: a daily close below $89.48 would break the 200-day average and open $85, the level that held in October, with the low $80s behind it. Another week of record ETF redemptions would do it.
For year-end and long-term targets, see our Solana price prediction.
Why Is Solana Trending Today
ETF outflows are the single biggest drag. Solana funds lost a record $71.47 million in the week to October 31, the heaviest weekly redemption since the products launched, and the streak has now run for ten sessions. That is a structural bid being withdrawn from a token that already trades 69% below its record.
The technical setup is the second reason SOL is in the news. The token is sitting on its 200-day average near $89 after five consecutive losing weeks, with the RSI near 31. Holding that line keeps the correction intact; losing it would mark the first decisive break since the spring and put $85 in play.
Product news has not been enough to offset the flows. Solana Labs opened Leap, its consumer trading app, in public beta on November 5, offering tokenised stocks, ETFs, metals, FX and crypto through Jupiter routing on Helius infrastructure. Bitcoin is holding $76,000 (Bitcoin news today) and Ether is flat on the week (Ethereum news today). For other moves, see Dogecoin’s price page, Zcash news today and HBAR news today.
What Is Solana
Solana is a layer-1 blockchain built for high throughput and low fees, launched in 2020 by Anatoly Yakovenko and Solana Labs. SOL pays for transactions and secures the network through staking; about 69% of the total supply is staked. Solana is one of the most active networks for decentralized exchanges, memecoins, payments and tokenized stocks, and US investors can hold SOL through spot ETFs that also stake their holdings.
Top Factors Affecting Solana’s Price
Network upgrades: Alpenglow is live, and the later Rotor phase will show whether Solana can keep near-instant finality without outages.
ETF flows: US spot Solana ETFs hold about $1.63 billion in net assets after about $1.55 billion of cumulative inflows, so sustained flows in either direction matter.
Treasury companies: Forward Industries, DeFi Development and other public companies hold millions of SOL, and sales such as SkyAI’s add supply.
Staking: with roughly 69% of supply staked, the liquid float is small, which can amplify moves in both directions.
On-chain activity: trading on decentralized exchanges, memecoin launches and tokenized-stock volume drive fee revenue and demand for SOL.
Competition: Ethereum’s layer-2 networks and other fast layer-1 chains compete for the same users and developers.
Bitcoin and macro: SOL tends to move more than Bitcoin in both directions and is sensitive to US interest-rate expectations.
Solana vs. Other Major Cryptocurrencies
| Asset | Price | Market Cap | Bitcoin | $76,044 | $1.53 trillion | Ethereum | $2,245.10 | $274.35 billion | XRP | $1.18 | $74.79 billion | BNB | $694.38 | $91.32 billion | Solana | $90.11 | $53.26 billion | TRON | $0.3182 | $30.25 billion |
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Solana has the largest weekly loss of the six at -6.0%, with XRP next at -5.8%, and its $53.26 billion market cap keeps it fifth, ahead of TRON’s $30.25 billion. It is up 0.5% on the day but is still 12% below its October 29 level.
Summary
| Metric | Value | Current Price | ~$90 | Key Resistance | $91.33 | Key Support | $89.48 | Market Sentiment | Extreme Fear (Fear & Greed 25) |
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Compare Crypto Prices Today
| Asset | Live Price |
|---|---|
| Bitcoin | Bitcoin Price |
| Ethereum | Ethereum Price |
| XRP | XRP Price |
| Solana | Solana Price |
| BNB | BNB Price |
| TRON | Tron Price |
Where to Buy Solana
SOL is available on all major exchanges, including Binance, Coinbase, Kraken, KuCoin, Gate.io, OKX and Bybit. US investors can also use spot Solana ETFs, including Bitwise’s BSOL and Fidelity’s FSOL, several of which stake their holdings. To hold SOL yourself, use a Solana wallet such as Phantom or Solflare, and consider staking through a validator or a liquid staking protocol.
This article is for informational purposes only and does not constitute financial advice.
FAQ
What is the current price of Solana?
SOL trades at about $90.11 on November 7, 2026, up 0.54% over 24 hours and down 6.04% over the past week, according to CoinGecko. Its market capitalization is about $53.26 billion, and the 24-hour range runs from about $89.48 to $91.33.
What is Solana’s all-time high?
Solana’s all-time high is $293.31, set on January 19, 2025, according to CoinGecko. At about $90, SOL trades 69.3% below that record.
Why is Solana falling?
Solana ETFs lost a record $71.47 million in the week to October 31, the largest weekly redemption since launch, and outflows have run for ten straight sessions. SOL has lost five consecutive weeks and is testing its 200-day average near $89 while December rate-hike odds sit near 73%.
What is the key resistance level for Solana right now?
The first resistance is about $91.33, the 24-hour high. Above it, the November 5 close at $95.51 and then the $100 round number are the levels that would break the downtrend.
What is the key support level for Solana right now?
The first support is about $89.48, the 24-hour low and just below the 200-day average near $89. Below it, $85 is the level that held during the October decline.
Is Solana a good investment right now?
That depends on your risk tolerance and time horizon. Supporters point to the network’s consumer-app push, including the Leap beta launched on November 5, and a 69% discount to the record high. Skeptics note record ETF outflows, five straight losing weeks and a technical picture that depends on one moving average. Only invest money you can afford to lose.
