In a significant transaction, a large Solana whale moved 96,180 SOL coins worth $12.45 million from Binance to stake them, leading to a 5% increase in the Solana price before it dropped back down. This transaction suggests upcoming market growth and positive sentiment as it reduces the token supply available for trading. Another transaction involving 49,999.99 SOL indicates institutional or high-net-worth investors buying Solana in anticipation of future price growth. Despite a decrease in trading volume, analysts believe that Solana has shown the ability to bounce back from market declines in the past. The current price of Solana is $139.86, down 4.31% in the last 24 hours, with resistance at $145-$147.50. The Awesome Oscillator indicator suggests strengthening bullish market trends. To continue the bullish trend, Solana needs to break through the resistance with robust trading volume.



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