# Solana Drops 2.37% in an Hour to $93.20 on Binance Spot Market

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/49354
Published: 2026-11-05T15:00:16.000Z
Updated: 2026-11-05T15:00:16.000Z
Section: Investing

> The price was $95.46 an hour earlier. Long liquidations across three exchanges totaled $8.94 million, compared with $20,000 in short liquidations.

Solana (SOL) fell 2.37% in one hour to $93.20 at 9:55 a.m. ET Thursday (14:55 UTC) in a direct collection of Binance spot prices, while its 24-hour decline stood at 1.79%.

The reference price one hour before the reading was $95.46, putting the measured decrease at $2.26 per SOL. The 2.37% figure compares that Binance spot observation with the $93.20 reading at 9:55 a.m. ET. The 24-hour change uses a full-day window ending at the same time.

Across Binance, Bybit and OKX, long liquidations totaled $8.94 million during the hour, while short liquidations totaled $20,000. Those amounts are combined across the three exchanges and cover the hour leading up to the price reading. The price itself is the Binance SOL/USDT spot observation.

Solana ranked seventh by market capitalization, at about $56.15502 billion.