Could Solana reach $500 thanks to whale movement?
In recent days, Solana has shown a strong rebound driven by an increase in activity from large investors, wallets with more than 10,000 SOL grew by 1.53%, which helped the price recover the $150 zone.
Currently, SOL is trading around $152.71, with a 25% increase in the last week. Analysts are observing a possible bullish 'cup and handle' formation, which could indicate a new upward momentum, as long as it overcomes key resistances.