# Solana Drops 2.01% in One Hour to $120 as Longs Liquidate

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/25844
Published: 2026-09-30T14:20:34.000Z
Updated: 2026-09-30T14:20:34.000Z
Section: Investing

> The token fell 0.60% over 24 hours, while one-hour liquidations reached $2.75 million across three exchanges.

Solana (SOL) fell 2.01% in one hour to $120 at 6:18 a.m. ET (10:18 UTC) on Sept. 30, extending its 24-hour decline to 0.60%.

The price was measured from the Binance spot SOL/USDT market, with TokenPost calculating the move from $122 one hour earlier. The figures reflect direct collection of publicly displayed exchange prices.

Liquidations during the same hour totaled $2.48 million for long positions and $270,000 for short positions across Binance, Bybit and OKX. Solana ranked seventh by market capitalization at approximately $70.89429 billion.