Markets· ★★★· bearish·

Solana Falls Nearly 4x Harder Than Bitcoin in October

  • —SOL down ~15% in October versus ~4% for Bitcoin
  • —US spot Solana ETFs saw $30.3M in net outflows over five days to Oct 22
  • —$816M liquidated market-wide in 24 hours, 84.3% longs
  • —SOL tested $100 three times, dipping to $98.6 on Oct 24
Why it matters: Holding $100 will decide whether SOL extends losses toward $92–96 or rebounds to the $109.6 resistance cluster.
Source: Coindoo