Solana Price Crash: Will SOL Fall Below $60 After Its Drop to $67.60?

The Solana price fell overnight to its lowest level since late June. According to five-minute data from CoinGecko, SOL dropped to $67.60 at 01:55 UTC on November 15, 2026. By 06:43 UTC it had recovered to $70.43, which still leaves Solana 6.7% lower than 24 hours earlier, 20.4% lower than a week ago and 32.9% lower than a month ago.

Solana is falling harder than bitcoin, which lost 4.2% over the same 24 hours, and the sell-off hit on the opening day of Breakpoint, the Solana Foundation's annual conference, held in London from November 15 to 17. The drop is part of the wider weekend crash: our crypto news for November 14 covers the start of the slide, and we track every wave of selling under why is crypto down.

Solana price today: a low of $67.60, then a partial rebound

Over the past 24 hours the Solana price ranged between $76.12 at the top and $67.55 at the bottom, according to CoinGecko, a swing of about 11%. On Saturday morning (UTC) SOL still traded near $76. The selling picked up in the afternoon and accelerated in the evening, when bitcoin broke below $64,000. TokenPost recorded SOL at $69.82 on Binance at 21:52 UTC, 11.44% below its level a day earlier. After the low at 01:55 UTC, buyers returned and pushed the price back above $70 within the hour.

Solana price vs. its record: 76% below the all-time high

Solana's all-time high is $293.31, reached on January 19, 2025. At $70.43 the coin trades 76.0% below that level, so one SOL now costs less than a quarter of its record price. The decline did not start this week: on September 26, 2026 Solana closed at $122.08 on CoinGecko's daily data, its highest level of the autumn. Since then roughly 42% of its value has gone (calculation by cryptoticker.io based on CoinGecko daily prices).

When did Solana last trade this low? On a daily basis, the last close at or below today's price was on June 28, 2026 at $70.40, and the overnight low of $67.60 lies below every daily price since June 13, 2026. The 12-month low is $62.18 from June 7, 2026. Back then Solana stood 78.8% below its record, so the early-summer slump went deeper than the current one. From that low the price climbed back above $120 by late September.

Our earlier coverage of the slide is in Solana drops below $72 from Friday night and in the outlook Solana price prediction ahead of Breakpoint.

Why is Solana falling? Fed fears, ETF outflows and leverage

The main triggers hit the whole market. According to the CME FedWatch tool, cited by bitcoin.com, traders on Saturday priced an 88.5% probability that the US Federal Reserve raises rates by a quarter point in December. Higher rates make risk assets less attractive, and altcoins such as Solana tend to fall further than bitcoin when that happens.

Money is also leaving the funds. A spot ETF is an exchange-traded fund that holds the coin itself. According to Coinpaper, the US spot Solana ETFs posted outflows for seven trading sessions in a row, totalling about $58.3 million. For November 13 alone, SoSoValue data summarised by KuCoin News show a net outflow of $3.09 million, all from Fidelity's FSOL, leaving total assets of the Solana ETFs at $1.137 billion. Coinpaper also notes that the drop coincided with the start of Breakpoint, so the conference did not provide the hoped-for support.

Solana liquidations, open interest and funding

A liquidation is the forced closing of a leveraged position by the exchange once the collateral no longer covers the loss. Every liquidated long is an automatic sale that pushes the price toward the next cluster of liquidations. Coinpaper counts about $69 million in Solana liquidations, of which about $67.25 million, or 97%, were long positions. In a single hour on Saturday evening, TokenPost recorded $13.89 million in liquidated SOL longs on Binance, Bybit and OKX, against just $420,000 in shorts.

Open interest is the value of all open futures contracts on a coin. According to Coinpaper, Solana open interest fell about 11.4% in 24 hours to $4.21 billion, meaning many bets were closed or wiped out. The funding rate, the payment between longs and shorts on perpetual contracts, turned negative: shorts are now in higher demand than longs. The Fear and Greed Index from alternative.me stands at 10 out of 100 on Sunday, "extreme fear", down from 13 the day before and 20 two days ago.

Will Solana fall below $60? The levels to watch

This article makes no price forecast, but the levels the market is watching are known. Coinpaper describes $70 as psychological support. If it fails, the next reference is around $67.50, which SOL came within a few cents of overnight, and a sustained break below that could expose $65, with $60 as the deeper bearish scenario. Our own data add the 12-month low of $62.18 from June 7, 2026. On the upside, Coinpaper sees a reclaim of $75 as a first sign of stabilisation and a move above $78 to $80 as weakening the immediate bearish picture.

For comparison: in June 2026 Solana fell 78.8% below its all-time high and then recovered to above $120 within four months. That is no guarantee of a repeat. Analyst scenarios with names and sources are collected in our Solana price prediction.

Trading the Solana price: long, short and leverage explained

This is not a recommendation, only an explanation of the tools. A long position gains when the price rises, a short position when it falls. Both work without leverage, by buying or selling SOL, and with leverage through futures, perpetuals or CFDs.

Leverage magnifies the result in both directions. At 10x, a 10% price move changes your position by 100%: with $1,000 of collateral you control $10,000 worth of SOL. A 10x long opened near $76 on Saturday morning was down about 11% at the low of $67.60, more than its entire margin, so it would have been liquidated. A 10x short opened at the same level would have gained roughly 110% on its collateral at the low. A 10x long opened at $70.43 now would be liquidated near $63.40, before fees and maintenance margin. At 100x, a move of about 1% against you, to roughly $69.70, wipes out the whole collateral.

Two tools limit the damage. A stop-loss closes the position automatically at a price set in advance, before the liquidation kicks in. Position size determines how much you risk; many traders put no more than 1% to 2% of their capital on a single trade. If you want to act, compare fees, order types and licences of the providers in our crypto exchange comparison, and platforms for futures and perpetuals in the perp DEX comparison. The decision is yours. Leveraged products and CFDs can lead to the loss of your entire stake.

Solana price crash: what US and UK readers should know

In the United States, the daily flows into the spot Solana ETFs, among them Fidelity's FSOL, are the clearest signal of institutional demand, and the Fed's December decision is the next fixed date for the market. In the United Kingdom, crypto derivatives such as futures and CFDs may not be sold to retail consumers, a ban the Financial Conduct Authority introduced in January 2021; UK retail investors can buy and sell SOL itself through platforms registered with the FCA, which our overview of regulated crypto exchanges lists. Breakpoint runs at Olympia in West London until November 17, so announcements from the conference may move the price in either direction.

On days with sharp moves, exchanges face heavy traffic: make sure your account is accessible and that no forgotten leveraged positions are open. At 06:43 UTC bitcoin stood at $64,401 (down 4.2%), Ethereum at $1,792 (down 5.8%) and XRP at $0.961 (down 3.3%), according to CoinGecko. How deep the Ethereum slide went is covered in our Ethereum price crash report, and the key bitcoin level in Will the $60,000 bitcoin level hold?. Beyond crypto, many investors are watching the planned listing of Anthropic; our guide on anthropic stock covers the details.

Solana price crash: your next three steps

1. Check whether you hold leveraged SOL positions and at what price they would be liquidated; margin terms are compared in our perp DEX comparison.
2. Review licensing, fees and order types of your platform in the crypto exchange comparison.
3. Watch $67.50 and the June low of $62.18 on the downside and $75 to $80 on the upside, plus the scenarios in our Solana price prediction.

(As of November 15, 2026, 06:43 UTC. This article is not financial advice. Prices and fee models change; check the terms with the provider before every purchase. Trading with leverage or CFDs can result in the loss of your entire capital.)