SOL Holds Above $150 After $106M Whale Move as Ecosystem Booms With Global Partnerships

Solana (SOL) is currently trading at $156.40 on Binance, with a 24-hour trading volume exceeding $3.1 billion and a market capitalization between $66.6 billion and $81.9 billion, ranking it #6 among cryptocurrencies; the price has declined by 3.22% over the past 24 hours and approximately 9% over the past week. The recent price decrease is attributed to a large $106 million SOL transaction identified by Whale Alert, ongoing consolidation above $150 following whale sell-offs, and mixed market sentiment reflected by a neutral technical outlook and a Greed index of 64. Meanwhile, Solana’s ecosystem is experiencing notable developments, including strategic partnerships in Dubai and Kazakhstan, the launch of innovative projects like Bitcoin Hyper, and increased attention on new meme coin offerings, all contributing to active trading and continued interest despite short-term volatility.