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Meteora’s MET Rises as Solana Tokens Gain While Bitcoin Falls

MET recorded a reported Oct. 8 high of $0.5419 as Bitcoin and Ether declined, while Wormhole and Jupiter also advanced. The move does not establish a broad altcoin season.

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Blank metallic token beside rippling water in morning light / TokenPost.ai
Blank metallic token beside rippling water in morning light / TokenPost.ai

Meteora’s MET token rose as Bitcoin and Ether declined on Oct. 8, 2026, while gains in several Solana-linked assets pointed to a concentrated rally rather than a broad altcoin rotation.

MET recorded a reported Oct. 8 high of $0.5419, a low of $0.4279 and a close of $0.4427 in one market-data series. A separate series placed the close at $0.441720 and market capitalization at $248.04 million. The figures use different methodologies and are not directly interchangeable.

Trading volume ranged from $156.76 million to $169.3 million across the two series.

The move followed Meteora’s promotion of DLMM Pro, a waitlist-stage product for users and builders. The product combines “DLMM, DAMM V2 & DBC.” DLMM refers to Meteora’s Dynamic Liquidity Market Maker, while DAMM V2 and DBC are other listed liquidity and bonding-curve products.

DLMM Pro’s waitlist invites users and builders to help shape on-chain liquidity tools. The official page provides no public launch date or adoption figures.

At 2 a.m. ET (06:00 UTC) on Oct. 8, 2026, Bitcoin (BTC) stood at $82,686, down 1.96%, while Ether (ETH) traded at $2,560.77, down 2.30%. Bitcoin accounted for 58.95% of total crypto market capitalization, and 83% of tracked coins were higher at that time.

Other Solana-related tokens also advanced in the snapshot. Wormhole rose 23.80%, while Jupiter gained 12.72%.

The cluster of gains may indicate concentrated trading interest in parts of the Solana ecosystem, but price performance alone does not demonstrate broader user growth, higher fees or increased revenue. Recent analysis has found that altcoin strength remains too narrow to confirm a broad market rotation.

For now, MET’s move remains an ecosystem-focused rally, while DLMM Pro is still in the waitlist phase and has no public launch date.

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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