#BinanceAlphaAlert
$SOL has overtaken $ETH in staking participation:
64% of SOL supply staked | ~8.3% yield
$ETH lags with 28% staked | ~3% yield
While #solana staking strength reinforces network security, it may limit DeFi engagement. Despite this, accumulation continues—whale activity is up, and Glassnode data shows a spike in purchases last week.
SOL has breached $140 twice recently, before today’s pullback alongside other L1 tokens. Confidence seems to be returning, as wallets holding 10K+ SOL increased from 4,943 ➜ 5,019 in a week, echoing the price surge from ~$120 ➜ $140.