Solana drops below $72 and is back at its late-June level

The Solana price fell below $72 on Saturday, November 14, 2026. At around 9:50 pm German time in the evening, SOL traded at $71.37 on Binance, roughly 11 percent lower than 24 hours earlier. That is about €64.77. If the price holds at this level until midnight, it would be the lowest daily close since June 27. Solana is falling far harder than bitcoin and ranks among the biggest losers of the 25 most valuable cryptocurrencies.

There is no known trigger specific to Solana. The drop is part of a broad sell-off in which leveraged positions worth more than $1 billion were forcibly closed within 24 hours. A date adds to the picture: on Sunday, Solana's Breakpoint conference opens in London, and so far the market is not treating it as support. This article puts the numbers in context, shows the next levels on the chart and explains what matters for investors when buying, staking and trading with leverage.

Solana price on November 14: down 11 percent in 24 hours

Binance reported a 24-hour range for SOL/USDT between a high of $80.20 and a low of $71.13. In the evening the price was therefore sitting close to the bottom of that range. According to CoinGecko, the price at the same time was $71.60 and market capitalisation about $42.4 billion. Over seven days Solana has lost a good 20 percent according to CoinGecko, and around 32 percent over 30 days.

Trading volume rose sharply. By the evening, SOL worth around $263 million had changed hands on Binance's SOL/USDT pair. Over the previous seven days the average was around $165 million a day. Traders often read higher turnover during falling prices as a sign that many market participants are actively selling, or being forced to sell, rather than buyers simply being absent.

If you want to follow the move as it happens, you will find the price, market capitalisation and trading volume on our Solana price page.

Liquidations above $1.2 billion: why altcoins fall harder

A liquidation is the forced closure of a leveraged position once the deposited capital no longer covers the losses. The exchange then sells automatically, and that sale pushes the price down further. The result is a chain reaction: every closed position can trigger the next one.

According to CoinGlass data reported by the news site Cryptotimes on November 14, positions worth $1.26 billion were liquidated across the crypto market within 24 hours. A total of 173,014 traders were affected. Long positions, meaning bets on rising prices, accounted for $1.08 billion, or 86.4 percent. The site cites rising expectations of a US Federal Reserve rate hike in December and continued outflows from US bitcoin ETFs as the backdrop.

Altcoins such as Solana are usually hit harder by such a wave than bitcoin. Their order books are thinner, while leverage in derivatives trading on large altcoins is widespread. When many long positions are wiped out in a short time, the buy side lacks the depth to absorb the selling. Bitcoin itself fell almost 5 percent to $65,451 on Saturday according to CoinGecko, breaking below its 200-week line; we cover that in our article Bitcoin price breaks below the 200-week line from November 14.

Solana vs bitcoin: the SOL/BTC ratio loses almost 6 percent

The SOL/BTC pair shows whether Solana is doing better or worse than bitcoin. On Binance it fell 5.9 percent on Saturday to 0.001093 BTC. Solana has therefore lost ground not only in dollar terms but also against the largest cryptocurrency.

For investors this ratio is revealing because it strips out the general market decline. Many investors read a falling SOL/BTC ratio in a downturn as a sign that capital is pulling out of the riskier assets first. Ethereum also fell harder than bitcoin, by 6.4 percent according to CoinGecko, while other large altcoins such as Cardano, Avalanche and NEAR Protocol lost between 11 and 15 percent.

Fear index at 13 and rate worries: the backdrop for Solana

The Fear & Greed Index from alternative.me measures sentiment in the crypto market on a scale from 0 to 100. Readings below 25 count as extreme fear. On November 14 the index stands at 13, against 20 the day before and 32 on November 10. Sentiment has therefore deteriorated markedly within four days.

A reading this low describes the situation; it does not predict what comes next. Historically, phases of extreme fear sometimes coincided with later lows, while at other times the selling pressure lasted for weeks. If you use the index, read it as a pointer to an overheated selling mood, not as a buy signal.

Then there is the interest rate environment. When expectations of a US rate hike rise, safe assets become more attractive and risky assets such as cryptocurrencies lose demand. As an asset with high volatility, Solana is particularly exposed.

Breakpoint in London: the Solana conference opens on November 15

According to the Solana Foundation, the annual Breakpoint developer conference takes place from November 15 to 17, 2026, in London for the first time, at the Olympia exhibition centre. Breakpoint is the most important gathering of the Solana ecosystem; developers and projects traditionally use it to present new products, partnerships and technical progress.

Whether the conference will support the price is an open question. Breakpoint begins in a market shaped by forced selling and poor sentiment. Conference announcements often have only a brief effect in such phases. Investors are better served by concrete news with a date and a number, such as network upgrades or new applications, than by the hope that a date on the calendar will turn the price on its own.

Solana chart over twelve months: the $70.58 and $60.13 levels

To identify the levels, cryptoticker.io analysed 1,000 daily candles of the SOL/USDT pair on Binance from February 19, 2024, to November 14, 2026. cryptoticker.io compiled this analysis itself on November 14, 2026.

The result: on Saturday Solana fell as low as $71.13 in trading. The last time the price stood lower was on August 1, with a daily low of $70.58. That is the first level to the downside. Below it lies the late-June zone, when daily closes ranged between $67.72 and $71.90. The 2026 low is $60.13, reached on June 6.

The way up is long. A week ago, on November 7, Solana still closed at $89.81. The autumn high, a daily close of $122.15 on September 25, is around 42 percent above the current price. SOL opened the year at $124.64; since then it is down almost 43 percent. According to CoinGecko, Solana is around 76 percent below its record high of $293.31 from January 2025.

Chart levels are reference points where many purchases or sales took place in the past. Whether they hold is decided by the market. The price targets analysts give for SOL and their reasoning are collected in our Solana price prediction.

Buying Solana in the EU: MiCA licence and euro trading

If you are considering buying after the slide, check the provider first. The EU's MiCA regulation (Markets in Crypto-Assets) sets out which companies may sell and hold cryptocurrencies for customers in the EU. Such a provider is called a crypto-asset service provider, or CASP. The regulation's transitional periods expired across the EU in July 2026, so a provider serving EU customers needs a licence. Whether a provider is licensed is shown in the public register of the EU securities regulator ESMA. You will find a selection of licensed providers in our comparison of regulated crypto exchanges.

Trading in euros also matters. Buying Solana directly against the euro saves you the detour via a stablecoin and the double fees. In sharp price moves, look at the gap between the buy and sell price, the so-called spread. In hectic phases it can be considerably wider in simple app purchases than in an exchange's order book.

If you do not want to buy everything at once, you can spread your entry over several dates. That reduces the risk of investing the whole amount at an unfavourable price, but it does not guarantee a profit.

Losses realised before December 31 can matter for your tax return, depending on where you live; a tool that records every purchase and sale with date, amount and price is covered in our comparison of crypto tax software.

Solana staking in a sell-off: the reward does not offset the price loss

With staking, SOL holders commit their coins to secure the network and receive new SOL as a reward. That reward is paid in SOL, not in euros. If the price falls 20 percent in a week, as it just did for Solana, the loss is many times greater than what staking earns over a whole year.

If you stake, you should also know the unstaking period: on Solana, deactivating a stake usually takes until the end of the current epoch, a network accounting period that can last several days. In a fast market that is a noticeable wait. Our overview of staking platforms compares providers and terms.

Leverage on SOL: how the liquidation price is set

If you trade Solana with leverage, you put up only part of the position's value as collateral. With 10x leverage, a price drop of around 10 percent is enough in theory to wipe out the collateral; with 5x leverage it takes around 20 percent. In practice the liquidation price sits somewhat closer to the entry price because of fees and the required maintenance margin. A day like November 14, with an 11 percent drop, is therefore enough to close many leveraged long positions.

On top of that comes the funding rate on perpetual futures, known as perpetuals. This rate is a regular balancing payment between the long and short sides that keeps the futures price close to the spot price. If you keep a position open for a long time, you pay or receive it on an ongoing basis. How platforms for such contracts compare on fees, leverage limits and collateral is shown in our comparison of the best perp DEXs.

Solana at $71: below $70.58 the June level comes into view

With the slide below $72, Solana has given up most of its autumn recovery. No reason specific to Solana is apparent; the pressure comes from liquidations and a mood of extreme fear across the market. The next level is the August 1 daily low of $70.58, followed by the late-June zone. The Breakpoint conference from November 15 is the next date on which fresh news from the Solana ecosystem is expected.

1. Check the provider: buy SOL only from a provider with a MiCA licence and euro trading; a selection is in our comparison of regulated crypto exchanges.
2. Limit leverage: work out the liquidation price before every leveraged trade and compare fees and collateral at the perp DEXs.
3. Put staking in context: allow for the unstaking period when you deactivate a stake and compare the terms of staking providers.

(As of November 14, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)