Solana near $90, five-session decline of -6.48%
A spotlight on Solana’s recent price action, momentum indicators and a published report on a halted Shanghai event.
Price action
Solana traded at $90.47 and rose 0.38% over 24 hours, with a five-session change of -6.48%, as of Nov 7, 01:58 UTC, according to CoinGecko. The snapshot is the latest available trade reading from that provider and shows a modest intraday gain against a larger five-session decline.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Solana | $90.47 | -6.48% | +0.38% | Nov 7, 01:58 UTC | CoinGecko |
Trend and momentum
Trend signals show a neutral status with RSI(14) at 28.9. The 50-day moving average is 108.39 and the long moving average is 88.96, which serve as reference points for assessing momentum.
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| Solana | 89.23 | 108.39 | 88.96 | 28.9 | neutral |
Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Nov 6, 22:40 UTC); it is not a recommendation.
News flow
Cointelegraph reported that Solana’s Shanghai event was halted over unauthorized promotion. The article said an unidentified PBOC official told China’s Financial News that promotional campaigns allegedly violated China’s crypto-related restrictions.
- Solana’s Shanghai event halted over unauthorized promotion: Report — Cointelegraph, Nov 6, 12:15 UTC
Across crypto
Over 24 hours, per CoinGecko, bitcoin fell 0.12%, ether rose 0.25% and XRP fell 3.18%; Solana’s modest intraday rise was smaller than XRP’s move and aligned with ether’s direction.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| Nasdaq 100 (via QQQ ETF) | $656.10 | +1.40% | vs prior close | Nov 6, 21:00 UTC | Finnhub |
| Bitcoin | $75,964.00 | -0.12% | 24h | Nov 7, 01:58 UTC | CoinGecko |
| Ether | $2,243.58 | +0.25% | 24h | Nov 7, 01:58 UTC | CoinGecko |
| XRP | $1.1800 | -3.18% | 24h | Nov 7, 01:58 UTC | CoinGecko |
| US Dollar Index (via UUP ETF) | $29.13 | +0.73% | vs prior close | Nov 6, 21:00 UTC | Finnhub |
Sources and data
- Cointelegraph (secondary source) — Solana’s Shanghai event halted over unauthorized promotion: Report
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Nov 7, 01:58 UTC; report generated Nov 7, 02:00 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Relative Strength Index (RSI)
A momentum oscillator, developed by J.
Moving average
The average price over a rolling window, plotted to smooth out noise.
MACD
A trend and momentum indicator calculated as the 12-period exponential moving average minus the 26-period EMA, plotted with a 9-period EMA of that difference as the signal line.
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
Sources & data
- Cointelegraph (secondary, retrieved Nov 7, 2026, 02:02 AM UTC)
- Finnhub (market-data, retrieved Nov 7, 2026, 02:02 AM UTC)
- CoinGecko (market-data, retrieved Nov 7, 2026, 02:02 AM UTC)
Market data as of Nov 7, 2026, 01:58 AM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
Was this useful?
Report an issue with this article
Related coverage
CoinGecko shows Ether at $2,244.97; neutral trend signals
CoinGecko reported Ether (ETH) at $2,244.97, up 0.23% over 24 hours; MarketAlleys Crypto desk lists a neutral trend with RSI(14) 39.5.
MarketAlleys Research Desk · · 2 min read
Brent Crude (BNO ETF) fell 0.50%, five-session change -13.05%
Finnhub shows the BNO ETF, which tracks Brent Crude, traded at $62.22 and fell 0.50% from the prior close, with a five-session change of -13.05% as of Nov 6, 21:00 UTC.
MarketAlleys Research Desk · · 3 min read
Three high-importance Q3 earnings scheduled Nov 9, market preview
A cluster of Q3 reports, including KSPI, JBS and SKYD, is due Mon Nov 9; markets show mixed tech strength heading into the week, per Finnhub.
MarketAlleys Research Desk · · 3 min read
Bitcoin falls 0.48% to $75,848.00
Bitcoin traded at $75,848.00 as of Nov 7, 00:59 UTC, falling 0.48% over 24 hours with a five-session change of -1.95%, while headlines covered treasury buys and market reactions to tech and jobs news.
MarketAlleys Research Desk · · 3 min read