Solana Falls Below $80 as the Altcoin Sell-Off Deepens

By Kevin · 2026-11-13 · News

Nov. 13 (CandyPulse) — Solana has lost a level it defended for weeks. SOL slipped below $80 as the crypto sell-off spread from Bitcoin to the rest of the market, leaving the token at a three-month low.

Key takeaways

SOL traded below $80, with one exchange snapshot at $79.96, down about 4% in 24 hours; another report put it near $78.46
It's down about 34% from its late-September high
Solana-focused ETFs have had five straight weeks of outflows, totalling more than $150 million
Analysts see $80 as the key level, with $70 the next round number below
SOL needs to get back above $85 to ease the pressure, according to one analysis

The move in numbers

Item	Reading
Level broken	$80
Reported prices	$79.96 (one snapshot), about $78.46 (another)
24-hour move	About −4%
From late-September high	About −34%
Solana ETF flows	Five weekly outflows, over $150 million
Levels to watch	$80, then $70; $85 to recover

These are short-term market reports and prices differ between exchanges.

Why Solana fell

It followed the market down. Bitcoin broke below $70,000 and ether lost $2,000 in the same move. More than $1 billion of leveraged crypto bets were liquidated in 24 hours.

Money has been leaving for weeks. Solana ETFs have seen five weekly outflows in a row. That steady drip matters more than one bad day.

Tech stocks stumbled. Reports say a sell-off in chip stocks, after Nvidia's CEO resigned, set off Thursday's slide.

Why altcoins fall harder

When investors get nervous, they sell their riskiest holdings first. Bitcoin is seen as the safest part of crypto, so smaller coins such as Solana usually drop further on the way down. The same thing is visible in XRP's slide toward $1.

The part the price doesn't show

Solana's network is busy. This week xStocks added 200+ tokenized European stocks, and Solana is one of the chains they trade on. Usage and price don't always move together: right now the price is being driven by fund flows and fear, not by activity on the network.

What could happen next

Scenarios, not predictions:

A daily close below $80 would confirm the breakdown and put $70 in focus.
A move back above $85 would suggest the worst of the selling has passed.
ETF flows are the thing to watch; five weeks of outflows need to stop before a lasting recovery.

If terms like "liquidation" or "support" are new, our crypto glossary explains them in plain English.

What's next

Watch the $80 level, the next Solana ETF flow report, and how Bitcoin behaves around $68,000–$70,000, since altcoins will follow its lead.

More from today:

Track the market on our Bitcoin price today and crypto prices today pages, follow the Crypto News Today desk, and catch up every Sunday with CANDY Weekly.

Disclaimer: This article is for information only and is not financial advice. Market figures move quickly and different data providers can show slightly different numbers. Always do your own research before making any investment decision.