Skip to content
$BTC$72,733−2.4%$ETH$2,015−4.8%$SOL$81.92−5.1%$XRP$1.05−4.1%$TON$1.11+7.5%MCap$2.42T−3.5%BTC.D60.4%Fear&Greed32 FearGas0.51 gwei·2.2 sat/vBNews mood20% bullish
Basis Desk

New from Basis Desk: free Telegram proxies for places where Telegram is blocked or slowed down.Connect in one tap →

Altcoins · 1 min read

Solana Drops 22.9% Over Four Weeks as ETF Trackers Log Withdrawals

SOL declined across a 28-day stretch to reach a four-week low, alongside fresh fund redemptions on Nov. 6 and Nov. 9.

Editorial oversight: Julian Mercer, Chief Editor
Bearish
$SOL $81.92 −5.1% $BTC $72,733 −2.4%

At a glance

What happened
Solana dropped 22.9% over 28 days to hit a four-week low as ETF trackers registered withdrawals on Nov. 6 and Nov. 9.
Why it matters
The drop outpaced Bitcoin's decline and extended capital flight from Solana-linked investment vehicles.
Who is affected
Solana holders and investors in Solana ETF tracking products.
What's next
No next step announced.
Primary source
thedefiant.io: Solana Hits Four-Week Low as Losses Outpace Bitcoin

Key points

  • Solana dropped 22.9% over a 28-day span, hitting a four-week low.
  • Solana ETF trackers documented consecutive withdrawals on Nov. 6 and Nov. 9.
  • SOL's drawdown outpaced losses recorded by Bitcoin over the same timeframe.

Solana fell to a four-week low as losses outpaced Bitcoin, shedding 22.9% of its value over a 28-day window 1. During the same timeframe, Solana exchange-traded fund trackers recorded consecutive waves of withdrawals on Nov. 6 and Nov. 9 1. At the time of writing, $SOL traded at $82.21, down 6.2% over the prior 24 hours, while $BTC changed hands at $73,179.

Fund Redemptions and Market Context

The four-week drawdown has seen SOL underperform the broader market, extending past the benchmark asset's recent slide 1. ETF tracking products linked to Solana registered capital exits on Nov. 6 followed by further withdrawals on Nov. 9, confirming persistent net outflows across institutional investment vehicles during the four-week downturn 1.

The asset's recent decline follows broader market turbulence that saw Solana previously slip below the $90 threshold 1. Broader crypto indices have reflected heightened market wariness, with the Crypto Fear & Greed Index recording a reading of 32, representing fear, as total digital asset market capitalization stood at $2.44 trillion at the time of writing.

While Solana ETF products logged successive redemptions on Nov. 6 and Nov. 9, the market continues to navigate broader volatility across leading alternative layer-1 networks 1.

Sources

  1. [1] Solana Hits Four-Week Low as Losses Outpace Bitcoin — thedefiant.io, November 10, 2026

Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.

Community read
How do you read this story for the assets involved? One vote a day, anonymous.
Be the first to vote
Share X Telegram Bluesky Markdown

The Daily Brief, in your inbox at 07:00 ET

Five stories, the numbers that moved, what to watch. Three minutes. No hype, no advice, unsubscribe in one click.

Not financial advice. Basis Desk publishes information, not recommendations. Crypto assets are volatile and you can lose what you invest.