Solana Falls 2.05% in an Hour to $104 as Long Liquidations Hit $1.8 Million

Solana (SOL) fell 2.05% in the hour ending at 11:25 a.m. ET Friday, Oct. 16 (15:25 UTC), reaching $104 on Binance’s spot SOL/USDT market, based on TokenPost’s direct collection of exchange prices.

The collection timestamp was 12:25 a.m. KST on Oct. 17, which converts to the U.S. time above. The one-hour figure covers the hour ending at that snapshot, while the 24-hour price change was -1.10%, a separate comparison window.

During the same one-hour period, liquidations across Binance, Bybit and OKX totaled $1.8 million for long positions and $0 for short positions. The tally combines activity from those three exchanges and covers the same hour as the price comparison.

Solana ranked seventh by market capitalization at the time, with an estimated valuation of $61,739,350,000. That ranking places six crypto assets ahead of SOL by market value at the snapshot. Together, the figures pair a spot-market price with a 24-hour performance reading and liquidation activity from the specified one-hour period.