Solana’s SOL token fell to its lowest price since June ahead of the opening of Breakpoint in London, while about two-thirds of the token’s total supply remained staked to support the network.
SOL touched $67.37 on Coinbase during the minute beginning at 8:45 p.m. ET on Saturday, Nov. 14, according to the exchange’s SOL-USD price record. That was early Sunday in London. Coinbase’s daily trading history showed June 26 as the last UTC trading day with a price at or below that level.
The token subsequently recovered above $70. The opening trade in Coinbase’s 4 a.m. ET hourly candle on Nov. 15 was $71.05.
SOL’s losses exceeded those of bitcoin and ether over both seven and 28 days, based on matched Coinbase dollar-pair prices. Over the longer window, SOL fell about 32%, compared with roughly 21% for bitcoin and 26% for ether.
SOL Fell More Than Bitcoin and Ether
#CryptoSelloffTriggersMultipleWhaleLiquidations $SOL
