SOL Slides 3.26% Amid $3.2B Volume as Whale Moves 661,000 Coins Despite Strong Fundamentals

Solana (SOL) is currently trading at $155.86 on Binance, with a 24-hour trading volume of approximately $3.2 billion and a 24-hour price change of -3.26%. The price decline over the past day is primarily attributed to recent market volatility, including a significant whale transaction of over 661,000 SOL, ongoing consolidation after a sharp drop from recent highs, and broader selling pressure despite strong network fundamentals such as record-high stablecoin supply, robust DeFi activity, and recent strategic partnerships and development initiatives. These factors, combined with mixed technical signals and active trading, have contributed to the short-term downward movement in SOL’s price.