Solana ($SOL ) Price Drops, But Smart Money Says a Reversal May Be Brewing

#Solana (SOL) has been under pressure lately, with its price sliding steadily over the past week. Traders are understandably jittery, and the charts aren’t offering much immediate comfort. But amid the panic, a surprising trend is emerging—long-term investors aren’t selling. They’re buying more.

This divergence between short-term fear and long-term conviction could be the early signal of a bottom forming in Solana's price action. Here's why some analysts believe the worst might be behind us.

Panic Selling vs. Strategic Stacking: A Tale of Two Markets

While short-term traders are quick to exit when red candles dominate the chart, long-term holders—often referred to as “smart money” or whales—are accumulating #SOL at a rapid pace.

According to Glassnode’s Hodler Net Position Change, there has been a 102% increase in long-term wallet accumulation since July 30. This metric tracks the net inflow of SOL into wallets that historically do not sell in the short term.

Translation? Coins are moving into cold hands—a classic sign of quiet conviction and strategic positioning during dips.

Rather than fleeing the market, these investors are treating the current price zone like a discounted buying opportunity, loading up on SOL in anticipation of a longer-term rebound.