🚀 Solana ( $SOL ) Nears Critical Breakout as Whale Accumulates Millions 🐋
Solana is once again capturing market attention as a major whale wallet scoops up $8.37 million worth of SOL near a crucial resistance level a move that signals strong long-term conviction in the network’s future.
Currently trading around $192, SOL shows robust momentum but mixed technical indicators. A break above $196 could ignite a 10% rally, while a rejection might send prices back toward $180. After a 10% surge in just a few days, Solana now sits at a make-or-break zone one that could determine whether the rally continues or cools off.
🐳 Whale Activity Reflects Deep Confidence
On-chain data from Lookonchain reveals that wallet Ax6Yh7 recently purchased 44,000 SOL (about $8.37 million) as prices hovered near resistance. This isn’t an isolated trade the same whale has been accumulating since April 2025, amassing roughly 844,000 SOL worth nearly $149 million through platforms like FalconX and Wintermute.
Most of these holdings are staked, reinforcing the view that this is a long-term strategic play rather than short-term speculation. Historically, such large-scale accumulation often precedes major market moves, suggesting that smart money may be positioning ahead of the next breakout.
Still, sentiment remains divided bulls see this as a clear vote of confidence in Solana’s strength, while skeptics suspect whales might be testing market resilience before another pullback.
