Solana turned positive after touching the $200 level following several days of decline The recent price weakness appears to have sparked renewed interest among major investors who continue to accumulate SOL quietly despite broader market uncertainty
Market analyst Solana Sensei reports that large holders are increasing their positions during the current period of volatility This growing whale activity suggests rising confidence in Solana’s long term potential as the network maintains strength scalability and leadership across decentralized apps and DeFi sectors
The analyst believes this accumulation phase could push SOL toward $1000 in the coming months Crypto expert Ali Martinez also expects a possible November rally that could lift prices to new highs with targets around $230 and $290 based on recent chart patterns
While whale accumulation remains strong some institutional treasuries linked to the Solana ecosystem have slightly reduced their holdings possibly reflecting caution amid shifting market conditions Still overall sentiment around Solana appears to be improving as deep pocketed investors continue to view it as a leading asset in the altcoin market
