XRP and Solana Hit 30-Day Lows: XRP Needs 216% to Reach Record
XRP and Solana both hit 30-day lows in the same week in November 2026. XRP trades at $1.15 and Solana at $89, each about 68% to 70% below its all-time high. ETF flows and network upgrades tell different stories for the two coins.
XRP and Solana both hit 30-day lows in the same week in November 2026, so anyone buying either coin now is buying near a recent bottom. As of November 8, XRP trades at $1.15, while Solana (SOL) sits at $89.
The question for traders is which coin has the shorter road back to its record. By the numbers, it is XRP.
How far each coin has fallen
XRP has dropped 7.5% over the past week and 17% over the past month. Solana closed at $89 on November 5, its 30-day low, and has stayed there. SOL is down 6.1% in the last week and 18.7% in 30 days.
XRP fell more sharply this week. Solana has the larger monthly decline.
Both remain far from their peaks. XRP trades 68.4% below its all-time high of $3.65, and Solana is 69.6% below its record of $293.
XRP's market cap is about $73.3 billion, which makes it the fifth-largest cryptocurrency. Solana ranks seventh at about $52.6 billion.
The distance to a record
XRP needs a 216% gain to return to $3.65. Solana needs 229% to reach $293. At that price, Solana's market cap would be around $173 billion, above its January 2025 peak.
Supply shapes the comparison. XRP has 63.52 billion coins in circulation out of a maximum of 100 billion, and its fully diluted market cap, which counts every possible coin, stands at $115.4 billion. Solana has no maximum supply because the network keeps paying new SOL to validators, the computers that confirm transactions. It has 591.04 million SOL circulating and a total supply of 637.19 million.
XRP: quieter ETF buying, a tokenization niche
The XRP Ledger ranks sixth among blockchains for tokenized assets, holding about $5 billion. Tokenized assets are traditional holdings, such as Treasury bills, placed on a blockchain.
Buying in spot XRP exchange-traded funds (ETFs), which hold XRP and trade like a stock, has slowed. Net flows were zero from November 3 to November 6, and total net assets stand at $1.34 billion. The funds have taken in $1.81 billion since launch, but their largest single inflow in the last month was just $8.4 million on October 29.
XRP trades 16.2% below its 50-day moving average of $1.38, the first level any recovery would need to reach. XRP climbed from $1.01 on August 10 to $1.40 by September 9, when Solana and XRP rallied together.
Solana: faster network, ETF outflows
Solana launched a new consensus system, Alpenglow, on October 21. It cut finality, the point at which a transaction can no longer be reversed, to about 150 milliseconds.
Buyers have not rewarded the upgrade. SOL traded at $101 on October 25 and has since dropped 12% to $89.
Solana ETFs lost $25 million in a single day on November 6, and their assets fell from $1.73 billion to $1.31 billion. Base, another blockchain, now holds more deposits in decentralized finance (DeFi) apps than Solana, which challenges the network's pitch as a leading home for them.
