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24/7 Wall St.

Solana Is Down 21% in a Month, the Most of the Four Biggest Coins. Is $90 the Floor?

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Solana Is Down 21% in a Month, the Most of the Four Biggest Coins. Is $90 the Floor?
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Solana is down about 19.7% over the past 30 days to $97, making it the weakest of the four biggest cryptocurrencies—Solana, Bitcoin, Ethereum and XRP—since early October. After a 3.3% rebound in 24 hours, SOL still remains 67% below its all-time high of $293 set on January 19, 2025. The coin’s 30-day range shows weakness near support: it closed just above $95 after a major drop tied to the October 29 Binance hack, when trading was halted and hackers targeted wallets in the largest crypto breach on record. The article notes SOL is below its 20-day and 50-day moving averages, while volume suggests buyers haven’t fully returned.

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