SOL Token Surges 3.53% as Long-Term Holders Double and Trading Volume Tops $3.8 Billion

Solana (SOL) has experienced a 3.53% price increase over the past 24 hours, with the SOLUSDT pair currently trading at $167.18 on Binance, up from a 24-hour open of $161.48. This upward movement is attributed to strong on-chain accumulation, with a 102% increase in long-term holder activity since July 30, and recent large unstaking and exchange deposits by major holders such as Galaxy Digital, which have contributed to heightened trading activity and volatility. The market remains dynamic, with 24-hour trading volumes exceeding $3.8 billion and the price fluctuating between $167 and $186, reflecting continued investor interest and cautious optimism as Solana consolidates above key support levels.