Solana (SOL) News & Analysis Today

Solana (SOL) is a first-layer blockchain built to handle high volumes of transactions quickly and at low cost. The project started in 2017 in San Francisco, when Anatoly Yakovenko, together with Eric Williams and Greg Fitzgerald, set out to create a “public operating system” for decentralized applications. A year later the testnet was live, and by 2020 the Solana Foundation was established to support ecosystem growth. Unlike many other platforms, Solana uses a mix of Proof-of-Stake and a unique method called Proof-of-History, which helps order transactions in time. Combined with tools like Tower BFT, Turbine, Gulf Stream, and Sealevel, this setup allows the network to process thousands of transactions per second with minimal delays. Fees are tiny—fractions of a cent—but they keep the network secure, reward validators, and half of them are burned to reduce supply.

  • This week, the SOL/USD pair is correcting toward a medium-term downtrend, trading around 142.96 (the middle Bollinger Band, 23.6% Fibonacci retracement) amid expectations of changes to the U.S. Federal Reserve’s interest rate policy.

  • The SOL/USD pair has broken out of its long-term upward channel and continues to develop a new trend for the third consecutive month. The price is currently trading near 140.62 (Murray level [1/8], Fibonacci 23.6% correction). A firm break below this area would open the way toward 109.38 (Murray level [–1/8], Fibonacci 0.0% correction) and 93.75 (Murray level [–2/8]). For the bulls, the key resistance remains at 165.70 (Fibonacci 28.2%), located above the middle Bollinger Band. A breakout above this level could trigger an exit from the descending channel through its upper boundary and pave the way toward 203.12 (Murray level [5/8], Fibonacci 61.8%), 234.38 (Murray level [7/8]) and 250.00 (Murray level [8/8]). However, such a scenario appears less probable in the near term

  • The SOL/USD pair has exited its long-term upward channel, forming a new downward trend for the third month in a row.

  • Sell-off or reboot? Coinbase analysts believe the October crash marked the beginning of a new, more resilient market phase.

  • The cryptocurrency market continues its recovery: while Bitcoin trades sideways, altcoins have gained up to 50% for the second consecutive day.

  • The crypto market has lost nearly $150 billion in value, with most coins down between 5% and 10%. Bitcoin fell by 3%, Ethereum by 6%, and some altcoins like Solana dropped as much as 10%. Almost all major cryptocurrencies are trading in the red.

  • In the 2026 a16z report, Solana was described as “the center of on-chain activity”: the network generated about $3 billion in annual revenue and posted a 78% increase in developer interest over two years. By combining Proof of History and Proof of Stake, Solana can keep both latency and fees low, while new mobile, cross-chain, and validator upgrades expand reach and improve resilience.

  • More than 2.3 million Solana (SOL) — about $425 million — jumped between wallets in under 30 minutes on November 1. According to Whale Alert, part of the funds ended up on Coinbase, while the rest moved through a chain of unknown addresses. No one has said publicly what the purpose was, so the market is now guessing: was it a whale reshuffling coins, or was it an institutional desk moving liquidity in bulk?

  • The SOL/USD pair trades within a long-term upward channel but remains near its lower boundary. Investors were disappointed by comments from Federal Reserve Chair Jerome Powell, suggesting the Fed might keep interest rates unchanged in December, which prevented the pair from gaining momentum. Prices remain around the middle Bollinger Band line. The key bearish support zone is still seen at 187.50–183.80 (Murray level [4/8], 50.0% Fibonacci correction). A break below this range could push the pair out of the channel, targeting 165.70 (38.2% Fibonacci correction) and 140.62 (Murray level [1/8], 23.6% Fibonacci correction). Conversely, a rebound and consolidation above 218.75 (Murray level [6/8]) would open the way to 250.00 (Murray level [8/8]) and 265.62 (Murray level [+1/8]).

  • On October 28, trading began on the New York Stock Exchange (NYSE) for the new spot exchange-traded fund (ETF) based on Solana, launched by Bitwise under the ticker BSOL.

  • The SOL/USD pair continues to trade within a long-term upward channel but has been actively testing its lower boundary for the past two weeks, attempting to break below it. Consolidation beneath the support zone of 187.50–183.80 (Murray level [4/8], Fibonacci correction 50.0%) may trigger a decline toward 165.70 (Fibonacci correction 38.2%) and 140.62 (Murray level [1/8], Fibonacci correction 23.6%). The key level for bulls is seen at 203.12 (Murray level [5/8], Fibonacci correction 61.8%): a breakout above it will resume upward momentum toward the upper boundary of the ascending channel through 234.38 (Murray level [7/8]), 250.00 (Murray level [8/8]), and 265.62 (Murray level [+1/8]).

  • This Investment Firm Predicts Solana Could Reach $6,000. A new report forecasts that Solana may reach $6,000 in the long term. What would need to happen for that to become reality?

  • This week, the SOL/USD pair returned to 211.30, recovering part of the losses from Saturday before resuming its decline.

  • JPMorgan: Investors Likely to Show Mild Interest in Solana ETFs

  • Sharps Technology is taking a big step into digital finance. The company announced a new strategic partnership with Coinbase Global to expand its Solana (SOL) treasury strategy, marking a clear shift from its roots in medical devices to the blockchain economy.

  • As Solana’s price started climbing, its on-chain activity suddenly dropped. At the same time, Binance is stirring up the market with a new meme initiative on BNB Chain — and many wonder if this marks the start of a new capital shift in crypto.

  • The SOL/USD pair continues to move within a long-term upward trend, forming a rising channel. However, since the beginning of the month, growth has slowed, and the price has entered a sideways range between 234.38 and 218.75 (Murray levels [7/8]–[6/8]), unable to break out so far. A consolidation above the upper boundary of this range could open the way for further gains toward 250.00 (Murray level [8/8]), 265.62 (Murray level [+1/8], upper boundary of the ascending channel), and 281.25 (Murray level [+2/8]). Conversely, a decline below the middle Bollinger Band at 218.75 (Murray level [6/8]) could resume the correction toward 183.80 (50.0% Fibonacci retracement), signaling a potential range breakdown.

  • In his market analysis, Bastian (Bitbull YouTube) examines Solana (SOL) and highlights the key price levels to watch.

  • Crypto Market Update: Ethereum Tops $4,500, BNB Hits Records. Bitcoin holds steady above $120,000 as altcoins surge, fueling speculation that the long-awaited crypto bull run has begun.

  • The SOL/USD pair continues to move within a long-term uptrend, forming a corresponding ascending channel. Last week, the price corrected to five-week lows around 190.95, after which it resumed growth and is currently testing the middle Bollinger Band line at 224.70. A breakout above this level could pave the way toward 250.00 (Murray level [8/8]) and 265.62 (Murray level [+1/8], the upper boundary of the ascending channel). However, consolidation below 203.12 (Murray level [5/8], 61.8% Fibonacci retracement) may lead to a decline toward 183.80 (50.0% Fibonacci retracement) and 171.88 (Murray level [3/8]), potentially signaling an exit from the channel.