#Solana SOL Price News Today 10-1-2026 - Elliott Wave and technical analysis of Solana (SOL), focusing on market structure, key support and resistance zones. Video by More #Crypto Online.
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The price of Solana (SOL) is approximately $136.23 on January 10, 2026. The cryptocurrency is trading with a slightly negative bias for the day but remains above key support levels amid ongoing institutional interest and network upgrades.
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Recent Trends and News
-Price Action: Solana opened today at around $135.77 and has traded within a narrow range, reaching a high of $136.79 and a low of $135.63. Over the last 24 hours, SOL has seen a slight decrease of approximately 1.69%.
-Institutional Adoption: The Solana ecosystem is experiencing significant institutional inflows, with Solana ETFs surpassing $1 billion in total assets under management in early January 2026. Morgan Stanley recently filed to launch a Solana Trust, marking a key milestone for institutional interest in the asset.
-Network Developments: Major protocol upgrades, including the "Alpenglow" update expected in the first half of 2026, aim to cut transaction finality time to under 150 milliseconds and reduce resource usage. These technical enhancements are expected to support long-term value and adoption.
-Market Sentiment: Market sentiment is currently described as neutral to slightly bullish, although the Fear & Greed Index shows a score of 27 (Fear), indicating investor caution. Whale accumulation has been observed, suggesting long-term confidence despite short-term price volatility.
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