Solana — 2026-10-03
$119.40Down -2.22%24h
Change since the previous record
Down $0.71 (0.59%)
- Previous record
- $120.11 · 2026-10-02 15:18 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 0.949% to $118.89 in the past 24h, closely tracking a slight dip in the broader crypto market as traders digest recent gains, primarily driven by market-wide cooling after a strong rally.
- Primary reason: Broader market pullback, with Solana moving in lockstep as Bitcoin and total market cap dipped slightly.
- Secondary reasons: Elevated derivatives open interest (+14.89% in 24h) adding to near-term volatility and potential profit-taking pressure.
- Near-term market outlook: If SOL holds above the $117.92 Fibonacci support, a retest of $124.62 is likely; a break below $116 risks a deeper pullback toward $110.42, with the Fed's October 28 meeting as the next macro trigger.
Research details
- Confidence
- MEDIUM
- Status
- CHANGED
- Previous record source
- CoinMarketCap AI (page-embedded data, automated collector)
Evidence
CoinMarketCap price-analysis page data: US$119.40, -2.22% (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.