The crypto market has found its footing again. Solana hits $110 as Bitcoin climbs back above $80,000, while traders rotate into riskier altcoins across the market.
The rebound comes just days after Bitcoin slid toward $75,000 following the Senate’s failure to advance the CLARITY Act. Instead of extending the selloff, prices snapped higher, with Solana among the biggest beneficiaries.
SOL reached $110 on Friday after gaining more than 14% in roughly two days, rising from around $96. The move quickly spread through the broader Solana ecosystem, where several smaller tokens delivered even sharper gains.
GEOD jumped 27.5% over the past 24 hours, while Collector Crypt’s CARDS rose 29.3%. Backpack’s BP added 23.3%, STONK gained 14.1%, and Raydium’s RAY climbed 14.5%.
That kind of dispersion matters. When traders become more comfortable taking risk, capital can move quickly from major assets into smaller tokens tied to a particular ecosystem. In this case, Solana became one of the clearest places to see that appetite return.
Solana hits $110 while Bitcoin pushes back
Bitcoin gained more than 5% over 24 hours and moved back above $80,000, a notable recovery after the market reacted sharply to the CLARITY Act vote.
The timing is particularly interesting because September has historically been one of Bitcoin’s weaker months. Since 2013, BTC has averaged a roughly 3% decline in September. This year, however, it is up about 2% so far.
Bitcoin also gained approximately 25% in August, reaching about $81,000. With less than two weeks left in the quarter, BTC is up roughly 36%, putting it on track for its first positive quarterly close since the third quarter of 2025.
The market has also had to absorb the Federal Reserve’s first interest-rate increase in more than three years. That could have added pressure to risk assets, yet Bitcoin recovered quickly.
The strength has not been limited to BTC and SOL. Most of the top 100 cryptocurrencies by market capitalization are trading higher over the past day, with some major altcoins moving even faster.
Hyperliquid’s HYPE climbed more than 11% to reach an all-time high of $92. Zcash’s ZEC rose 8% to more than $1,500, its first time above that level in a decade.
Arbitrum’s ARB gained more than 28%, while Uniswap’s UNI rose almost 20%. Across the entire market, total crypto capitalization increased by more than 2% to approximately $2.78 trillion.
Solana hits $110, and leverage adds fuel
Part of the acceleration is coming from traders who were positioned for prices to fall.
About $146 million worth of short positions were liquidated within 60 minutes as Bitcoin crossed back above $80,000 and SOL reached $109. When leveraged short trades are forcibly closed during a rising market, those purchases can add further momentum to the move.
Solana also reached a technical milestone during the rally. Its slot time fell to 250 milliseconds for the first time after the latest reduction under SIMD-0525 went live at epoch 1037.
The network had previously targeted 400-millisecond slots and now has a 200-millisecond target, which represents the final objective under the current reduction plan.
Another source of demand has appeared through U.S. spot Solana ETFs. They recorded $13.19 million in net inflows so far this week, giving SOL another potential channel for buying interest.
The political setback that initially rattled the market has also become part of the recovery story.
In his weekly memo on Wednesday, Bitwise CIO Matt Hougan called the CLARITY Act’s failure a “shame,” while arguing that “Clarity’s failure may matter far less than today’s headlines suggest.”
For now, the numbers tell a story of renewed risk appetite rather than a single-asset rebound: Bitcoin is recovering, SOL is leading a major ecosystem higher, and leverage is helping turn the move into something much larger across crypto.