The Solana price saw a 5% increase and reached $227 during the US market session. This uptick may be due to positive market sentiment as Bitcoin continues to reach new highs. However, a major Solana whale recently unstaked and transferred a significant amount of SOL coins worth millions, causing concern about the growth potential of the asset. Solana's market cap is currently $108.5 billion, with a 24-hour trading volume of $7.8 billion. Historically, significant whale selling has often preceded major market tops, adding caution to Solana's short-term outlook. The Solana price has been in a downtrend since late November, but it is currently forming a bullish flag pattern. A breakout above the overhead trendline is needed for buyers to regain control and could potentially drive the price to $315, a 38% increase from current levels.



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