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Solana Rises 4.0% in Four Hours to $108 as Shorts Lose $800,000

Solana gained 3.99% from $104 over four hours but remained down 3.47% over 24 hours.

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Metallic token elevated above an angled market surface / TokenPost.ai
Metallic token elevated above an angled market surface / TokenPost.ai

Solana (SOL) climbed 3.99% in four hours to $108 at 12:09 a.m. ET (04:09 UTC) on Oct. 13, extending a sharp short-term move despite a 3.47% decline over the previous 24 hours.

The price moved from $104 to $108 on Binance’s SOL/USDT spot market. The figures were calculated from exchange prices collected directly by TokenPost.

Solana ranked seventh by market capitalization at approximately $63.25391 billion. Over the same one-hour period, short liquidations across Binance, Bybit and OKX totaled $800,000, while long liquidations totaled $0.

No confirmed cause for the move was provided in the available market data.

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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