In this video: Solana has reached a key support zone - reversal possible? Video By More Crypto Online.
"Start online trading with iqoption. Access stocks, forex, and crypto on a world-class platform. Sign up for a free demo account and master your tools today!"
Learn more >>
Today, October 13, 2026, Solana (SOL) is trading at approximately $105.27 USD. While the market is experiencing short-term volatility, the asset has posted a +5.89% gain over the last 24 hours, bouncing back from a daily low of $99.49 up toward $108.46. Across European markets, the live rate sits at roughly €99.71 EUR.
Buy Solana >>
Insights Today
1. Launch of Hong Kong’s Second Spot SOL ETF
A major structural catalyst today is the official listing of the Pando Finance Spot Solana ETF (Ticker: 2831.HK) on the Hong Kong Stock Exchange. This product, which charges a competitive 0.60% management fee, expands regulated institutional avenues for Asian investors to gain exposure to SOL without holding the underlying token.
2. Mass Liquidations & Heavy Whale Selling
Solana's rapid surge to $108 over a four-hour window caught the derivatives market off guard, triggering over $800,000 in short liquidations across platforms like Binance, Bybit, and OKX. However, the upward momentum is fighting massive resistance from on-chain whale activity. Notably, blockchain tracking reported that institutional entity SkyAI capitulated on its positions, selling 1 million SOL for $107 million, resulting in an unrealized loss exceeding $160 million.
3. Divergence in ETF Flows vs. Network Activity -
The macro narrative reveals a "tug-of-war":
• The Bearish Factor: U.S. spot Solana ETFs recorded their worst week on record, shedding $24.8 million in net outflows (led heavily by Bitwise). This ended a 14-week streak of inflows.
• The Bullish Factor: Despite the sell-off and declining transfers, overall on-chain user growth metrics show that distinct active addresses have pushed to an encouraging 13-month high.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
