Bearish for Solana
Crypto Market Selloff Pressures Solana
Stable
Steady attention in Solana coverage, without a clear trend.
Updated 13 October 2026
The bearish argument: Sources identify a broader crypto market selloff creating downward pressure on Solana, with evidence pointing to large holders like SkyAI acquiring SOL at elevated average prices around $194 per token before subsequent market declines.
What changed?
Not in yesterday’s coverage · 2.9% of Solana coverage today
The idea itself is not new: the recorded share reached 5.8% on 8 September. Renewed coverage does not necessarily mean new evidence.
How attention has changed
2.9% of Solana coverage
Rolling 3-day share · as of 13 Oct 2026
This measures attention in published coverage, not the likelihood of a price move.
| Date | Share of coverage |
|---|---|
| 2026-09-14 | 0% |
| 2026-09-15 | 3.8% |
| 2026-09-16 | 1.6% |
| 2026-09-17 | 1% |
| 2026-09-18 | 1.6% |
| 2026-09-19 | 1% |
| 2026-09-20 | 2.4% |
| 2026-09-21 | 1.1% |
| 2026-09-22 | 0.7% |
| 2026-09-23 | 0% |
| 2026-09-24 | 0% |
| 2026-09-25 | 0% |
| 2026-09-26 | 0% |
| 2026-09-27 | 0% |
| 2026-09-28 | 0% |
| 2026-09-29 | 0% |
| 2026-09-30 | 0% |
| 2026-10-01 | 2.9% |
| 2026-10-02 | 2.7% |
| 2026-10-03 | 2.1% |
| 2026-10-04 | 0% |
| 2026-10-05 | 0% |
| 2026-10-06 | 0% |
| 2026-10-07 | 0% |
| 2026-10-08 | 0% |
| 2026-10-09 | 1.7% |
| 2026-10-10 | 1.2% |
| 2026-10-11 | 1.1% |
| 2026-10-12 | 0% |
| 2026-10-13 | 2.9% |
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The argument and its evidence
Several outlets can carry the same argument; no single article is its origin. Read each one in its own context.
Recent coverage
-
Crypto News · Published 12 Oct 2026
Solana treasury firm SkyAI sells 1 million SOL, plans $201 million share buyback
In coverage record: 13 Oct 2026
“The analytics platform estimated that SkyAI had acquired its SOL at an average price of around $194 per token. Based on the market value of the transferred assets, Lookonchain calculated that selling the reported 568,000 SOL could result in losses of approximately $46 million.”
Read article -
CoinGape · Published 8 Oct 2026
Solana Price Forecast After Samsung Stablecoin Partnership With SOL
In coverage record: 9 Oct 2026
“The Chaikin Money Flow indicator recorded -0.21, which is a negative value, indicating selling pressure over the period measured.”
Read article
Earlier coverage
-
The Manila Times · Published 30 Sep 2026
281M $APEING Tokens Burned as Solana Pullback Draws Attention to Emerging Crypto Projects
In coverage record: 1 Oct 2026
“Solana faced short-term pressure as uncertainty remained around the timeline for its Alpenglow upgrade, prompting continued discussion around SOL price movements and future network developments.”
Read article -
TechBullion · Published 19 Sep 2026
Crypto Update: Bitcoin Breaks $81K as Stocks Fall and Pepeto Staking Hits 162% APY
In coverage record: 20 Sep 2026
“But at a $65 billion market cap, a 2x from here is already a big ask.”
Read article -
TechBullion · Published 17 Sep 2026
Solana Price Holds $98 as Pepeto Builds the Bigger Move This Cycle
In coverage record: 18 Sep 2026
“SOL ran 35% in a month. That move already priced in the ETFs and the upgrade.”
Read article -
TechBullion · Published 14 Sep 2026
Best Crypto Presale to Buy in 2026: Can Pepeto’s 0% Fees Beat Ethereum and Solana?
In coverage record: 15 Sep 2026
“SOL can still run, but the easy part of the move is behind anyone buying at a $49 billion market cap.”
Read article -
Crypto News · Published 7 Sep 2026
Solana price holds $103 support despite bearish CMF
In coverage record: 8 Sep 2026
“Chaikin Money Flow has fallen to -0.15, showing that selling pressure has exceeded buying pressure over the indicator's measurement period. Negative CMF readings do not confirm an immediate breakdown, but the divergence between price and capital flows suggests that the latest rebound lacks strong spot-market support.”
Read article -
Crypto News · Published 7 Sep 2026
Raydium LaunchLab adds support for any token pair on Solana
In coverage record: 8 Sep 2026
“Pump.fun formally moved away from the previous setup when it launched the PumpSwap DEX in March 2025. PumpSwap allowed tokens completing Pump.fun bonding curves to migrate directly to its own liquidity pools. Trading activity climbed quickly. PumpSwap captured 21% of Solana DEX trading about a week after launch.”
Read article -
TechBullion · Published 6 Sep 2026
Final Whitelist Days: Apeing’s Best Crypto Presale Nears Launch as SOL and XMR Stay in Focus
In coverage record: 7 Sep 2026
“Recent trading coverage places SOL around $100, with traders watching whether support can hold after a retreat from higher levels.”
Read article -
U.Today · Published 26 Aug 2026
$100 Solana (SOL) Target Invalidated: Is It the End of Bull Market?
In coverage record: 27 Aug 2026
“At roughly 79, the RSI is still very high, indicating that momentum has entered overbought territory. Some profit-taking and deleveraging should not be shocking after such a quick expansion from the mid-$70s. The positioning of derivatives also appears aggressive.”
Read article -
CoinGape · Published 11 Aug 2026
Solana Price Outlook as ETF Inflows Hit Three-Month High: Will SOL Recover to $100?
In coverage record: 12 Aug 2026
“Broader market weakness weighed on SOL as total cryptocurrency cap dropped 0.6% to $2.17 trillion.”
Read article -
Crypto News · Published 4 Aug 2026
Italy’s Intesa Sanpaolo cuts IBIT 94%, triples ETHB stake
In coverage record: 5 Aug 2026
“Intesa reduced its Bitwise Solana Staking ETF holding from 2,817 shares to seven. The position was valued at only $70 on June 30, compared with $31,128 three months earlier.”
Read article -
Finbold · Published 28 Jul 2026
Machine learning algorithm sets Solana price for August 1, 2026
In coverage record: 29 Jul 2026
“a broader crypto market selloff, combined with a technical break below a key support level, has contributed greatly to the downward pressure. Notably, the crypto market has declined around 2.75% over the past 24 hours, with Bitcoin (BTC) falling 2.67%.”
Read article