Solana Holds Near $82 as Quarterly Profit Fails to Halt Selloff
SOL remained depressed despite a $105 million quarterly profit from Solana Company, while separate onchain data showed large Cardano sell orders near the market.
SOL remained depressed despite a $105 million quarterly profit from Solana Company, while separate onchain data showed large Cardano sell orders near the market. Solana (SOL) is trading at $81.03, down 0.6% since this brief published. This is an original TLT brief based on reporting by Crypto Daily, with live market data added, as of Fri, 13 Nov 2026 00:45:04 UTC.
The $105 million profit did not translate into near-term strength for SOL, leaving the token exposed to a monitored $74 support area as selling continues across major crypto assets. The parallel sell-order cluster around ADA shows that bearish positioning is not confined to one token.
- SOL traded at $81.56, down 3.85% over 24 hours and 12.04% over seven days
- Solana Company reported a $105 million quarterly profit
- Crypto Daily identifies $74 as the next key support area for SOL
- Cardano large sell orders were identified just below the current market price
- Solana Labs Launches Leap as SOL Holds Near $90
- Solana Holds Near $82 as Quarterly Profit Fails to Halt Selloff — this brief
Solana traded at $81.56 on the live market data, down 3.85% over 24 hours and 12.04% over seven days. Crypto Daily reported SOL near $83 and oversold following a $105 million quarterly profit from Solana Company, with the token’s next direction hinging on whether support around $74 holds. The reported profit therefore did not generate a meaningful immediate rebound in SOL.
The broader backdrop remained unfavorable. Total crypto market capitalization stood at $2.46 trillion, while the overall market was broadly lower. 
Bitcoin fell 3.34% over 24 hours, and the Fear & Greed Index registered 28, corresponding to Fear. Solana’s market capitalization was $48.18 billion, putting its own weakness within a wider risk-off session rather than an isolated move.
U.Today supplied a separate bearish signal for 
Cardano. According to its onchain data coverage, a cluster of large ADA sell orders had appeared across major cryptocurrency exchanges just below the token’s current price. That sell wall was not presented as a reaction to Solana Company’s results, so the two published accounts should not be treated as independent confirmation of the same underlying event.
The coverage nevertheless points to selling pressure across two large proof-of-stake assets. ADA was trading at $0.1705, down 4.70% over 24 hours and 10.32% over seven days, with a market capitalization of $6.39 billion. Its seven-day decline was slightly smaller than SOL’s 12.04% loss, although both tokens were trading well below their weekly starting levels amid a fearful market reading.
For SOL, the immediate focus remains the $74 support reference reported by Crypto Daily, while the near-term market context is dominated by broad declines and defensive sentiment. For ADA, the location and scale of the reported large sell orders provide a concrete near-term condition to monitor. Neither development changes the present data picture: both assets remain under pressure despite the positive Solana Company quarterly result highlighted in the coverage.
Since this brief published about 15 hours ago, Solana (SOL) has moved from $81.56 to $81.03 — -0.65%.
The chart plots SOL's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 SOL ≈ ₦114,007.59 (about $81.03), down 3.1% over 24 hours. The naira itself trades about 4.2% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Solana Holds Near $82 as Quarterly Profit Fails to Halt Sell — questions & answers
How much profit did Solana Company report?
Crypto Daily reported a quarterly profit of $105 million for Solana Company.
Did Solana’s quarterly profit lift SOL?
No. SOL was down 3.85% over 24 hours and 12.04% over seven days, trading at $81.56.
What bearish signal was reported for Cardano?
U.Today cited onchain data showing a cluster of large ADA sell orders across major exchanges just below the current price.
How much is 1 Solana worth in naira today?
About ₦114,007.59 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $81.03. The naira price moves with both SOL's US-dollar price and the USDT/NGN rate; use our Solana in naira page for any amount.
Has Solana's price moved since this brief was published?
SOL is down 0.65% since this brief first published — trading at $81.03 now versus $81.56 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto Daily. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.