Solana posts its highest daily close in 90 days

Market note ·

Solana (SOL) closed at 122.15 on September 25, 2026, on Binance spot (SOLUSDT, daily candles, UTC). That close was the highest of the last 90 daily closes for the pair.

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Daily closes with the 50- and 200-day simple moving averages (Binance spot, UTC). Chart drawn from market data, not by AI.

What happened

The event-day close of 122.15 followed a previous close of 117.04, a one-day change of +4.4%. On that day, the close sat 26.2% above the 50-day simple moving average, which stood at 96.78, and 44.3% above the 200-day simple moving average, which stood at 84.65. Over the preceding 30 days, SOL's close changed by +19.7%. Measured against the all-time high on Binance spot of 295.83, recorded on January 19, 2025, the September 25 close was -58.7% below that level.

On the observation date, September 26, 2026 — the last closed daily candle at the time of writing — SOL closed at 121.41, down 0.6% on the day, and remained 24.2% above its 50-day SMA. For context, on the same day Bitcoin (BTC) closed at 84,433 (+0.4%, 11.5% above its 50-day SMA), Ethereum (ETH) closed at 2,696 (+0.2%, 13.6% above its 50-day SMA), XRP closed at 1.527 (-2.6%, 15.7% above its 50-day SMA), and Dogecoin (DOGE) closed at 0.0967 (-2.3%, 15.6% above its 50-day SMA).

What the signal means — and what it does not

A 90-day-high daily close simply means that, among the last 90 daily closes, none was higher than this one. Traders commonly watch such closes, together with a price's distance from its 50-day and 200-day moving averages, as a way to gauge short- and medium-term trend strength relative to recent history.

This does not tell us why the close occurred, and it says nothing about what happens next. Moving-average and high/low signals are backward-looking by construction: they describe where price has been, not where it is going. They can lag fast-moving markets, and periods of strong distance above an average — as seen here — can be followed by sharp reversals or by extended stretches without a corresponding pullback. There is no reliable way to know in advance which outcome will occur.

What it means for futures traders

For traders using leverage, an asset trading well above its short-term average, as SOL is here, can be prone to sharper whipsaws in either direction. Stop distance should be considered relative to the asset's recent volatility rather than fixed regardless of conditions, and position size should account for the fact that leverage amplifies both gains and losses on the same price move. Leveraged crypto futures trading carries a high risk of loss, and technical readings like a 90-day-high close are informational, not signals to act on.

BitMe is a futures position monitor and trade journal for Bybit, OKX and BloFin accounts, built to help traders keep track of open positions and past results without guessing at what a chart pattern means for their own risk. Its automatic crypto trading journal logs closed trades so you can review performance by coin, direction and time period.

Data: SOLUSDT daily candles on Binance spot (UTC), as of 2026-09-25. A description of a technical event, not a signal or recommendation.
Educational content, not financial advice. Trading leveraged derivatives carries a high risk of loss.

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