Sunday, 15 November 2026

Solana Nears $70: Is This Capitulation?

In this video: Solana nears $70 as the momentum increases. A correction since September, following Bitcoin. 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 >>

Solana (SOL) is trading around $70.38 (€63.85) on November 15, 2026, extending a multi-week pullback amid broader crypto market liquidations and spot ETF outflows. Buy Solana >>



Insights Today

• Broader Crypto Sell-Off & Liquidations. A wider market downturn—which saw Bitcoin drop below $70,000 and triggered over $1.4 billion in 24-hour crypto derivatives liquidations—has weighed heavily on high-beta altcoins like SOL, as noted in a Mitrade Market Analysis.

• Spot ETF Outflows. U.S. spot Solana ETFs have logged a streak of daily and weekly net outflows (exceeding $160 million over a five-week stretch), signaling cooling short-term institutional appetite according to a Tickeron ETF Report.

• On-Chain Selling Pressure. Ecosystem platform Pump.fun transferred 64,666 SOL (worth roughly $5.19 million) to Kraken between November 13 and 14, adding to near-term supply concerns per CoinMarketCap News.

• Long-Term Institutional Catalyst. Providing a longer-term counterbalance, reports indicate the Depository Trust & Clearing Corporation (DTCC) plans to extend its tokenization service to the Solana network in 2027.

Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple! Learn more >>