Price Prediction
Solana Price Analysis: Can SOL Hold $100?
Solana traded near $100.73 during the October 27 Asian session. Despite Alpenglow being live, ETF withdrawals continued, with U.S. spot Solana ETFs recording $8.2 million in outflows on October 26. Bitwise’s BSOL and Grayscale’s GSOL both experienced withdrawals, while MSOL attracted $800,000. The cumulative net flows since October 8 were negative $58.6 million, including $38.5 million in withdrawals. Derivatives data showed a decline in open interest from $6.34 billion to $6.27 billion. Alpha Finance estimated an $11.2 million long-liquidation cluster at $99.57, while shorts were near $103.04. A dip below $100 followed by a close above $101.15 would indicate a reclaim, with $103.04 and $105.28 into view.