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Solana (SOL) Price: Can Bulls Defend $92 After Binance Hack and ETF Outflows?

Solana (SOL) Price: Can Bulls Defend $92 After Binance Hack and ETF Outflows?

Photo: CoinCentral

TLDR SOL traded near $97.48 on Friday after dipping to an intraday low of $92.14. US spot Solana ETFs saw $27.69 million in net outflows on October 29, the fourth straight day of withdrawals. Binance reported a $6.3 billion impact from unauthorized transactions, which TRM Labs linked to North Korea’s TraderTraitor group. Solana processed about 99.08 million transactions in 24 hours, even as DEX and futures volumes fell. Support sits at $92–$95, with resistance at $100–$103. Solana (SOL) was trading near $97.48 on Friday, October 30, after falling to an intraday low of $92.14.

Source: CoinCentral

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