Solana Rises 2.60% in One Hour to $95.43 on Binance Spot

Solana (SOL) rose 2.60% in one hour to $95.43 on Binance spot trading at 9:50 a.m. ET Wednesday, while short liquidations exceeded long liquidations across three exchanges.

The pair traded at $93.01 at 8:50 a.m. ET, one hour before the $95.43 reading. Both observations came from the same exchange and spot market. At the later snapshot, SOL was also 2.05% higher than 24 hours earlier.

During that same hour, short liquidations totaled $5.69 million and long liquidations totaled $40,000 on Binance, Bybit and OKX. The figures cover positions liquidated on those three exchanges during the one-hour window; they are separate from the Binance spot quotes used to measure SOL’s price change.

Solana ranked seventh among crypto assets by market capitalization, with an approximate market value of $54.72501 billion. The ranking provides context for the size of the asset whose price moved during the hour.