SOL Token Surges 2% as Whale Accumulation and Institutional Adoption Drive $100B Market Cap

Solana (SOLUSDT) has experienced a 2.00% price increase over the past 24 hours, rising from a 24h open of $180.25 to a current price of $183.86 on Binance. This upward movement is primarily attributed to strong buying pressure, significant whale accumulation, and increased institutional adoption, as evidenced by over $591 million in SOL holdings by publicly traded companies. Technical indicators remain bullish, with Solana breaking out of a recent consolidation zone and analysts targeting higher resistance levels. Trading volume remains robust, with 24-hour figures between $6.16 billion and $6.76 billion, and the market capitalization is approximately $98.65 billion to $100.68 billion, reflecting sustained interest and activity in the asset.