Solana Enters Uptober with Mixed History and Key Price Range

Solana (SOL) starts October at around $118.60 according to CoinGecko. This month is known among crypto investors as Uptober due to Bitcoin's consistent performance, but Solana's history in this period is less clear-cut.

A look back at the monthly candles from Binance shows that three Octobers ended in the green for SOL, while three were in the red. In 2023, SOL gained 79.7 percent between October 1 and 31, but in 2020 it lost 46.5 percent.

The range of previous years is too wide to establish a reliable rule. Solana's price has been recovering since summer after falling significantly. The one-year chart shows that over twelve months SOL is down around 49 percent, while over 30 days it is up around 19 percent.