Solana falls to $101.84 in a broad altcoin pullback
Updated on September 27, 2026. · Written by Svetoslav Grigorov
Correction, September 13, 2026: this article was first published on August 26 with Solana at $96.79. The token then rallied strongly through August (see below) and is now correcting along with the rest of altcoins. The original analysis remains below as historical context.
VERIFIED Solana (SOL) trades at $101.84, down 2.89% over 24 hours, according to CoinDesk checked on September 13, 2026.
How it compares with other large cryptocurrencies
VERIFIED Solana's drop these past few days is similar in size to Ethereum's (-3.45%) and XRP's (-3.38%), suggesting a broad altcoin market move rather than something specific to Solana.
What was behind August's move (earlier context)
HYPOTHESIS Several outlets attribute the recent rally to US spot Solana ETFs, which recorded a $33.5 million inflow on August 25 — the largest single-day inflow this year — bringing cumulative net inflows to a record $1.22 billion. The Bitwise Solana Staking ETF (BSOL), which combines spot exposure with staking rewards, has crossed $1 billion in cumulative inflows. This is the reading circulating this week, not a fact independently verified by this site, according to Yahoo Finance.
Follow-up (September 27, 2026)
VERIFIED Solana trades at $121.41, with a market cap of about $71.343 billion, per CoinGecko data checked on September 27, 2026 (source). The same page puts its all-time high at $293.31.
CALCULATED From $96.79 at publication on August 26 to $101.84 on September 13, SOL rose +5.22% — (101.84 − 96.79) / 96.79 × 100; to $121.41 on September 27 the gain since publication is +25.44% (+19.22% since September 13). It is still −58.61% below its all-time high of $293.31. The record $1.22 billion in cumulative ETF net inflows (an August 25 figure) equals about 1.71% of the September 27 market cap — 1.22 / 71.343 × 100, an approximation because the two figures are from different dates. Claromercado's own calculation, not a figure published by the source.
HYPOTHESIS A weight of that size fits the ts2.tech reading below: ETFs are a real but small part of Solana's demand.
What this does not mean
HYPOTHESIS Some coverage tempers the ETF narrative itself: according to an analysis cited by ts2.tech, two days of ETF inflows amounted to only about 0.2% of the token's weekly increase in market value, suggesting that trading activity (volume, short covering, options and futures) plays a bigger role than ETF demand alone. And, above all, Solana rising 31% in a month as of August 26 did not erase the fact that it then remained 52% below where it stood a year earlier (the September 18 figures in the chart above tell a similar story: +36.70% over 30 days, −57.10% over one year): this is a partial recovery within a much larger decline, not a return to highs.
Sources for the correction, September 13, 2026: CoinDesk: Solana Price. Sources consulted on August 26, 2026: Trading Economics: SOLUSD quote and statistics, Yahoo Finance: Solana Outpaces Bitcoin As Record $1.2B ETF Inflows Fuel SOL Rally, ts2.tech: Solana Price Jumps 26% in a Week. Additional sources consulted on September 27, 2026: CoinGecko: Solana Price.
Educational notice: this article is analysis based on public data, may contain errors, and is not financial advice. It is not a recommendation to buy or sell. The decision and the risk are always the reader's own.