SOL Token Rises 2.27% Amid $1B Market Liquidations and Whale Accumulation After Geopolitical Shock

Solana (SOL) experienced a price increase of 2.27% over the past 24 hours, rising from a 24h open of $128.51 to a current price of $131.43 on Binance. This upward movement follows significant market volatility triggered by over $1 billion in liquidations across the cryptocurrency market after U.S. airstrikes on Iranian nuclear facilities. The resulting price dip to lows near $124 prompted notable accumulation by large holders ("whales"), which contributed to the subsequent recovery. Additionally, the market is closely watching upcoming token unlocks worth over $250 million in SOL and DOGE, which may introduce further volatility. Overall, Solana is stabilizing above key support levels, with cautious optimism prevailing as long as it maintains momentum above $120. Trading activity remains elevated, reflecting increased short-term interest and sensitivity to both technical levels and broader geopolitical developments.