Late on Tuesday, Solana’s $SOL dipped below the $90 mark, hitting a low of $89.73 on Coinbase just after 10:02 p.m. ET on November 3, while Bitcoin also fell, trading below $76,000.
This decline further accelerated $SOL‘s struggles over the preceding month. By 10:10 p.m. ET, $SOL had plummeted approximately 23.9% in value over 28 days, whereas Bitcoin experienced a milder drop of 9.9%, as reported by The Defiant based on Coinbase pricing. During the same period, the overall cryptocurrency market capitalization decreased by 11.1%, according to CoinMarketCap’s aggregated data.
However, $SOL managed to rebound past $90, with Coinbase reporting a trading price of $90.39 at 10:15 p.m. ET. This recovery highlighted that holders of $SOL still faced significantly larger multi-week losses compared to those holding Bitcoin, even after briefly trading below the $90 threshold.