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Solana Jumps 2.15% in One Hour to Reach $112 in Spot Trading

SOL gained 1.35% over 24 hours as $2.66 million in short positions were liquidated across three major exchanges.

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Purple metallic coin resting on a reflective trading counter / TokenPost.ai
Purple metallic coin resting on a reflective trading counter / TokenPost.ai

Solana (SOL) climbed 2.15% in one hour to $112 at 12:03 p.m. ET (16:03 UTC) on Oct. 11, marking a 1.35% gain over the previous 24 hours.

The move took SOL from $110 to $112 in Binance spot SOL/USDT trading. The price data was collected directly from public exchange markets.

Short positions worth $2.66 million were liquidated across Binance, Bybit and OKX during the same one-hour period, while long liquidations totaled $0. Solana ranked seventh by market capitalization at approximately $64.9136 billion.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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