Solana — 2026-09-22
$117.31Up +0.17%24h
Change since the previous record
Down $0.21 (0.18%)
- Previous record
- $117.52 · 2026-09-21 15:36 UTC
View the previous record. Based on the two recorded prices; separate from the 24h change.
Market commentary
CoinMarketCap AI commentary (attributed, not independently verified)
Solana is up 4.80% to $116.59 in 24h, closely tracking a broader crypto rally and primarily driven by a short squeeze that liquidated over $21 million in bearish bets. The move is amplified by positive ecosystem developments, including network upgrades and institutional adoption.
- Primary reason: A leveraged short squeeze forced rapid buying, liquidating over $21 million in SOL short positions within 24 hours.
- Secondary reasons: Broader market strength from Bitcoin's surge to $85,000+ and bullish sentiment around Solana's upcoming Alpenglow upgrade.
- Near-term market outlook: If SOL holds above $110 support, it could test the $119 resistance; a break above may target $123. The key trigger is the Alpenglow rollout starting September 28.
Research details
- Confidence
- MEDIUM
- Status
- CHANGED
- Previous record source
- CoinMarketCap AI (page-embedded data, automated collector)
Evidence
CoinMarketCap price-analysis page data: US$117.31, +0.17% (24h). Analysis title: "Latest Solana (SOL) Price Analysis".
Verification notes
Price and 24h change were read directly from CoinMarketCap's own page data (not cross-checked against an independent feed). CMC AI's analysis text is attributed commentary, not independently verified fact; catalyst/causal claims within it require separate confirmation before being treated as fact.
Why it matters
Tracks Solana's latest price move and CoinMarketCap AI's own stated reasoning, without independent cross-verification against a second price feed.