Solana — 2026-09-28
$118.63Down -2.66%24h
Change since the previous record
Down $4.37 (3.55%)
- Previous record
- $123.00 · 2026-09-27 14:31 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 down 2.91% to $117.97 in 24h, underperforming a broadly weaker crypto market. The move is primarily driven by a macro-induced risk-off sentiment that pulled down Bitcoin and altcoins alike, with no clear negative catalyst specific to Solana visible in the data.
- Primary reason: Broader market selloff driven by rising Treasury yields and geopolitical anxiety, causing high-beta assets like SOL to drop.
- Secondary reasons: Sector-wide altcoin weakness, with the Layer 1 category down 1.79%, and technical rejection near key Fibonacci resistance.
- Near-term market outlook: If SOL holds above the 38.2% Fibonacci retracement at $113.77, it could stabilize and retest $123.96 resistance. A break below risks a deeper pullback toward $110.42, especially if key U.S. inflation data (PCE) due Wednesday surprises to the upside.
Research details
- Confidence
- MEDIUM
- Status
- CHANGED
- Previous record source
- CoinMarketCap AI (page-embedded data, automated collector)
Evidence
CoinMarketCap price-analysis page data: US$118.63, -2.66% (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.