Solana Price Prediction: Can $70 Hold After Seven Straight ETF Outflow Sessions?

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Solana Price Prediction: Can $70 Hold After Seven Straight ETF Outflow Sessions?
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  • Solana price prediction for November 17 stays bearish below $80, with $70 the round-number support to hold
  • US spot Solana ETFs lost $58.31M over seven straight sessions through November 13, per SoSoValue
  • DTCC plans to connect its Tokenization Service to Solana in the second half of 2027, a plan and not a launch

Solana price prediction for November 17 stays bearish below $80, the level SOL needs to reclaim after sliding about 39% from its late-September high.

Solana Price Analysis: Can SOL Climb Back to $80?

SOL trades at $75.65, down 5% over 24 hours, after closing Friday below $80. It has now lost roughly 39% from its late-September high near $125.

Price sits just below the lower Bollinger Band at $75.76 and remains well below all four daily moving averages. The nearest is the 20-day EMA at $89.20, while the other three sit around $96.60-$96.80.

The next support area is 70–72, where buyers stepped in during August. For November 17, 70–80 looks like the likely trading range unless SOL can regain $80 and hold above it. A daily close below $70 would weaken support further and bring $60 into view.

SOL Support and Resistance Levels, November 17, 2026

TypePriceWhy it matters
Resistance$80Round level, lost November 13
Resistance$82.3824-hour high
Resistance$89.2020-day EMA
Support$74.7724-hour low
Support$70Round level inside the shaded zone
Support$60Round level, June low

US Solana ETFs Post Seven Straight Outflow Sessions

US spot Solana ETFs have lost $58.31M over seven straight sessions through November 13, including $3.09M on that day, all of it from Fidelity’s FSOL. The pace is slowing, with $10.86M leaving in the last three sessions against $47.45M in the four before, a stretch that included the largest day, $25.08M on November 6. 

Meanwhile, total net assets fell to $1.14B from $1.40B on November 4, a drop of about 19%, and the outflows explain only about 22% of it, so most of the damage came from price.

DTCC Plans to Connect Its Tokenization Service to Solana in 2027

DTCC announced on November 12 that it plans to bring its Tokenization Service to Solana in the second half of 2027. The move would allow eligible securities held at its subsidiary DTC to be represented as tokens on the network.

DTCC’s Brian Steele said those assets would retain the same ownership rights and investor protections as traditionally held securities. Solana Foundation’s Nick Ducoff described the move as connecting established financial infrastructure with markets that operate around the clock.

The service launched on Canton and DTCC’s private network on October 28, with Solana’s integration still ahead. Its regulatory scope covers Russell 1000 stocks, index-tracking ETFs and US Treasuries. DTC’s $114 trillion custody total is not the amount moving onto Solana, and DTCC has not disclosed the planned transfer volume.

The announcement gives Solana a potential role in securities settlement, but the rollout remains months away. SOL has fallen roughly 9% since November 12, showing the news has not offset the broader selling pressure.

Related: NEAR Price Prediction: Can NEAR Reclaim $3.50 or Is a Deeper Drop Coming?

Solana Outpaced Coinbase and Kraken in Spot Volume Last Week, Says Solana Sensei

Solana Sensei (@SolanaSensei) said Solana generated $13.4B in spot trading volume last week, against $11.6B on Coinbase and $10.2B on Kraken. That would put Solana about 16% ahead of Coinbase and about 31% ahead of Kraken. 

The comparison is the account’s own and shows activity, not buying, so it supports the adoption story more than it moves SOL’s price on Monday.

Solana Derivatives: Longs Were Flushed, but Sellers Still Lead

Traders betting on a Solana recovery accounted for $36.16 million of the $39.83 million in positions forcibly closed over 24 hours. That puts their share at roughly 91%, showing how heavily the decline hit leveraged buyers.

Liquidations slowed to $3.11 million in the past four hours, but other readings still favor sellers. Open interest, the value of outstanding futures contracts, fell 5.42% to $4.50 billion as traders reduced exposure.

Funding turned negative at -0.0038% every eight hours, meaning traders betting against SOL were paying those holding bullish positions. Meanwhile, market sell volume exceeded market buy volume across all five tracked exchanges. Forced closures have eased, but buyers have yet to take control.

MetricValueWhat it shows
24h liquidations$39.83M, longs 91%Longs flushed out
Last four hours$3.11MFlush has slowed
Open interest$4.50B, down 5.42%Longs closing
Funding rate (8h)-0.0038%, about -4.1% annualizedShorts paying longs
Taker buy/sell ratioBelow 1 on all five exchangesMarket sellers lead

Solana Price Prediction Scenarios for November 17

Bullish Case, Target: $80

SOL holds the 24-hour low at $74.77 and reclaims $80, about 6% above today’s price. A close above it would open the 24-hour high at $82.38, about 9% higher, and then the 20-day EMA at $89.195, about 18% above price. Negative funding and Coinglass’s Fear & Greed reading of 12 point to extreme pessimism, which leaves room for a short squeeze if buyers return, and a pause in ETF outflows would fit this path.

Bearish Case, Risk Level: $70 (Round Level)

SOL closes below the 24-hour low at $74.77 and then $70, about 7% below today’s price, inside the shaded support zone near $70 to $72. A close below it would put $60, about 21% lower, in play near the June low. Another ETF outflow and a wider market slide would fit this path.

Solana Price Prediction FAQs

What is the Solana price prediction for November 17, 2026?

SOL stays bearish below $80 and could move toward the 24-hour high at $82.38 if it holds the $74.77 low and reclaims $80. A daily close below $70 would put $60 in play.

Why is the Solana price falling?

SOL is down 5.34% over 24 hours at $75.65, according to Coinglass, and trades about 39% below its late-September high near $125, under all four daily EMAs. Longs took 91% of the $39.83M liquidated in that time and US spot Solana ETFs have lost money for seven straight sessions, though none of the data ties the fall to a single cause.

What is the key support level for Solana?

$70, the round level inside the shaded support zone near $70 to $72, is the key support, with the 24-hour low at $74.77 above it. A close below $70 would put $60, near the June low, in play.

What is the DTCC and Solana announcement?

DTCC said on November 12 that it plans to connect its Tokenization Service to Solana in the second half of 2027, so eligible assets held at DTC can be tokenized on the network. It is a plan, and the announcement lists no eligible assets or other details.

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