SOL Token Drops 6.29% Amid $532M Stablecoin Inflows and $17M Contract Liquidations on Solana

Solana (SOL) experienced a notable 6.29% price decrease in the past 24 hours, falling from 142.87 to 133.88 USDT according to Binance data. This downward movement is attributed to recent volatility following substantial stablecoin inflows into the Solana ecosystem, reaching $532 million on January 17, 2026, and the liquidation of $17.08 million in SOL contracts, which likely triggered additional selling pressure. While network fundamentals remain strong—highlighted by record stablecoin inflows, surging active addresses, and growing institutional interest—the combination of speculative trading and high leverage activity appears to have contributed to short-term price weakness.

Currently, SOLUSDT is trading at 133.88 on Binance with a 24-hour volume of $204.15 million and a global market capitalization estimated between $75.75 billion and $80.56 billion. The asset has shown robust market activity, though recent developments have introduced increased volatility and consolidation around current price levels.