Solana slides toward $100 as weekly support faces a key test
- —SOL trades at $104.47, down 0.92% for the session after hitting $107.44
- —The 50-week SMA at $98.99 sits just below the psychological $100 level
- —U.S. spot SOL ETFs saw nine consecutive outflow sessions totaling about $37.8 million
- —The Alpenglow upgrade is expected on Oct. 21, targeting roughly 150 ms finality
Why it matters: Holding the $99–101 zone keeps a path open to $108–112, while a break exposes $96–97 and the 20-week average at $89.56.
Source: crypto.news