#solana
*SOLANA - SOL Summary | Friday 28 August 2026 - Last 12 hours*
*Current price*
- *SOL*: $105.03 - $106.91 USD
- *24h change*: -2.81% to +10.39%
- *24h range*: Low $103.00 / High $110.60
- *Market Cap*: $58.56B - $62.20B
*What happened in the last 12h*
A volatile day. SOL hit $110.60 in the morning but corrected to $103.
It’s now at $105 - $106, down -2.8% on the day but still +10.39% over 24h.
It comes after breaking the psychological level of $100 with strength. Intraday high: $109.89
*Why it moved like this*
1. *Institutional news*: Charles Schwab announced it will add direct SOL trading alongside AVAX and LINK. That sparked adoption.
2. *Governance*: SIMD-550 and SIMD-553 votes to accelerate disinflation and burn more fees
3. *Overall market*: BTC above $79k with record ETF inflows dragged altcoins
4. *Volume*: $7.34B in 24h, 188% above the 30-day average. Lots of real spot flow.
*Technical data*
- *Open interest*: +5% to 67.96M SOL, highest since July 9
- *Trend*: SMA-7, SMA-15, and SMA-30 in ascending order = bullish trend in the short term
- *Return*: +19.67% weekly and +46.03% monthly
- *Overbought*: 14-day return +41.04%
*Levels to watch*
- *Support*: $100 - $103. If it loses $100 it could fall to $95.01
- *Resistance*: $110 - $110.60
- *ATH*: $296.00 in January 2025. Still -63.56% below.
*SOLANA - SOL Summary | Friday 28 August 2026 - Last 12 hours*
*Current price*
- *SOL*: $105.03 - $106.91 USD
- *24h change*: -2.81% to +10.39%
- *24h range*: Low $103.00 / High $110.60
- *Market Cap*: $58.56B - $62.20B
*What happened in the last 12h*
A volatile day. SOL hit $110.60 in the morning but corrected to $103.
It’s now at $105 - $106, down -2.8% on the day but still +10.39% over 24h.
It comes after breaking the psychological level of $100 with strength. Intraday high: $109.89
*Why it moved like this*
1. *Institutional news*: Charles Schwab announced it will add direct SOL trading alongside AVAX and LINK. That sparked adoption.
2. *Governance*: SIMD-550 and SIMD-553 votes to accelerate disinflation and burn more fees
3. *Overall market*: BTC above $79k with record ETF inflows dragged altcoins
4. *Volume*: $7.34B in 24h, 188% above the 30-day average. Lots of real spot flow.
*Technical data*
- *Open interest*: +5% to 67.96M SOL, highest since July 9
- *Trend*: SMA-7, SMA-15, and SMA-30 in ascending order = bullish trend in the short term
- *Return*: +19.67% weekly and +46.03% monthly
- *Overbought*: 14-day return +41.04%
*Levels to watch*
- *Support*: $100 - $103. If it loses $100 it could fall to $95.01
- *Resistance*: $110 - $110.60
- *ATH*: $296.00 in January 2025. Still -63.56% below.
