Solana — 2026-10-01
$117.24Down -1.65%24h
Change since the previous record
Down $1.29 (1.09%)
- Previous record
- $118.53 · 2026-09-30 15:33 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 1.41% to $117.99 in 24h, underperforming a slightly positive Bitcoin, primarily driven by profit-taking after a strong quarter and a mild rotation away from altcoins.
- Primary reason: Profit-taking and sector rotation, as traders book gains after a 48% quarterly rally amid a slight dip in altcoin sentiment.
- Secondary reasons: Modest derivatives liquidations and a technical rejection below the 7-day moving average.
- Near-term market outlook: If SOL holds above the $117.92 Fibonacci support, it could retest $124–$125; a break below risks a move toward $110. Watch for the October 27–28 Fed meeting for macro direction.
Research details
- Confidence
- MEDIUM
- Status
- CHANGED
- Previous record source
- CoinMarketCap AI (page-embedded data, automated collector)
Evidence
CoinMarketCap price-analysis page data: US$117.24, -1.65% (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.