#Solana SOL Price News Today 20-1-2026 - Elliott Wave and technical analysis of #SOL, focusing on market structure, key support and resistance zones. Video by More #Crypto Online Global.
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As of January 20, 2026, the price of Solana (SOL) is approximately $128.96, reflecting a daily decline of about 2.62%. The market sentiment remains cautious, with SOL slipping below the critical $130 support level amid broader market weakness, as Bitcoin also corrected toward $90,600.
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Recent Solana News & Network Updates
--Support Level Breach: Analysts are closely monitoring the $120 support level; a failure to hold this could lead to a further decline toward $100.
--Liquid Staking Milestone: SOL Strategies Inc. announced the launch of STKESOL, a liquid staking token designed to allow holders to earn rewards while maintaining liquidity for DeFi applications.
--NYSE Stock Tokenization: Market volatility has been linked to the New York Stock Exchange's (NYSE) plans to launch a blockchain-based platform for tokenized securities, creating a "wary" mood among traditional and crypto investors.
--Technical Outlook: Despite short-term bearishness, some long-term models remain optimistic, projecting potential rallies into the $250–$320 range if a U.S. spot ETF is approved later in 2026.
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