Three Giant Whales Accumulate Solana with 3 Wallets from the US Exchange!
The withdrawal of a total of 145,000 Solana (SOL) from the Kraken exchange by three newly created cryptocurrency wallets has generated excitement among investors.
The crypto analysis platform Lookonchain reported via Twitter that a total of 145,000 SOL was withdrawn from Kraken to three separate wallets within the last hour. This movement, valued at approximately 21.8 million dollars at current prices, once again highlights the interest of major players in Solana.
Recently, SOL has gained 19.1% to reach $150.86, placing it sixth in terms of market capitalization. Solana's high speed and low transaction fees encourage many developers to create DeFi applications and NFT marketplaces on the platform. Solana differentiates itself from platforms like Ethereum by providing high performance without the need for Layer 2 solutions.
The fast transaction capacity and cost-effective fees of Solana are very attractive for investors and developers. By combining the Proof-of-History (PoH) consensus mechanism with Proof-of-Stake, Solana is attempting to solve the blockchain trilemma.
