Solana News Today: Can SOL Hold $80 as Inflation Fuels Market Fears?

Solana News Today: Can SOL Hold $80 After the CPI Slide?

Here is the latest Solana News Today update: the token trades at $83.23, down 3.57% in 24 hours, after a fresh US inflation report. 

The round-number level of $80 is now about 4% below. Below, we cover the price action, the inflation data, key chart levels, and the official network news that came out this week.

How Far Did the Token Fall After the CPI Report?

According to the 24-hour market chart, the window opened near $86 (the dotted line shows $85.98). 

The level drifted lower, stalled around $84 to $85, then fell sharply near 9:00 p.m. on the chart’s clock to a low of roughly $81.80 to $82. 

Since then it has moved between about $82 and $83.70, and the latest tick is rising. 

Trading volume jumped 33.85% while the level fell, so far more coins changed hands than a day earlier.

Source: CoinMarketCap Live Data

In plain words:

• Market value is the level multiplied by the 591.4 million coins in circulation.

• Fully diluted value uses all 637.37 million coins that exist today.

• No fixed cap: The chart lists maximum supply as infinite.

What Did the Inflation Report Show?

The official CPI release shows consumer prices rose 0.4% in October after 0.6% in September. 

Core prices, which exclude food and energy, rose 0.3%, the same as in September and August. 

Shelter made up over 30% of the increase, food rose 0.5%, and energy rose 0.7%. 

The report came out at 8:30 a.m. ET, which is 7:00 p.m. in India. It matters because Federal Reserve Governor Christopher Waller said in a speech that he backs a 25 bps (quarter-point) rate increase in December. 

He added that 50 bps should be considered if core inflation stays near 0.3% or higher. 

Markets can react with delays, and many factors move prices, so timing alone does not prove a cause.

What Support Levels Matter for SOL Now?

Support means a zone where buyers have stepped in before. No official source sets these, so they come from the chart. 

For anyone reading Solana News Today this week, three zones matter:

• $81.80 to $82: the recent low, which has held so far

• $80: the round number, about 4% below the current level

• $84 to $85: where the level stalled before the drop, so a rebound may meet sellers here

The two common views are only arguments, not forecasts:

• Bullish: The low held, and the rebound plus heavy volume suggest buyers are active.

• Bearish: The chart shows lower highs, and fear is elevated, so a break below $82 could open the way toward $80.

Are There Any Network Updates This Week?

The Foundation’s official news page lists several items, and the Solana News Today picture is not only about price:

The page also lists Breakpoint 2026 in London from 15 to 17 November. None of these items promises a price move.

Conclusion

In short, this Solana News Today update is about a large coin testing support after a firm inflation report. 

The level is $83.23, the recent low is near $82, and $80 is about 4% away. Watch $82, $80, and the Fed meeting on 8–9 December.

Disclaimer

This article is for educational and informational purposes only and is not financial or investment advice. Crypto assets are high risk, their prices can be very volatile, and you can lose some or all of your money. Always do your own research and consider speaking with a licensed financial advisor before making investment decisions.