- More dormant smart whales returned to accumulate and stake SOL, and buy Solana memecoins.
- If SOL fails to hold above $199, it could signal weakening momentum, possibly leading to lower prices.
Recently, more dormant smart whales returned to accumulate Solana [SOL] anticipating a surge in the whole ecosystem. A two-month dormant whale withdrew 61,319 SOL valued at $12.4M from both Binance and OKX at around $202.53 per SOL.
This whale had previously executed two profitable trades from December 2023 to November 2024, earning $8.47M with a 38.9% return and a perfect win rate. Following this whale’s success rate, buying now could be a noteworthy decision, as the price could rally soon.
Another whale, “GJwCU,” also reemerged after a year, pulling out 30,901 SOL worth $6.24M from Binance. This whale made a significant profit of $8.15M with a 21.9% gain from a single trade during the same period.
Source: OnChain Lens
A new wallet withdrew 30,900 SOL worth $6.27M from Binance for staking, suggesting whales are keen on securing SOL’s price around $200. This could stabilize or boost its value by reducing circulating supply and showing long-term confidence.
Such whale activity often signals bullish sentiment, potentially driving up SOL’s price by increasing market demand and highlighting investor confidence in Solana’s future.
Price action and prediction
Looking at the price action of, Solana, which has remained a hotspot for traders due to its high volatility, further adds potential for a surge. Previously, strong Open Interest (OI) accumulation at the $190 zone indicated buyer support, helping prevent further price drops.
The $200 level, previously a tough resistance, is now showing potential as a support level, with SOL maintaining a position just above it.
With OI volumes peaking around $40M, a hold above $200 might propel SOL higher, cementing whales’ protection of this level.
Source: TradingView
Conversely, a dip below this pivot could lead to a retest of the $190 support level. The Relative Strength Index (RSI) at 43.77 suggested a slight bearish trend, while the On-Balance Volume (OBV) at 69.05M indicated a sustained interest in SOL.
Consolidation above $199 would strengthen the bullish case, but traders should be wary of potential fakeouts.
If SOL fails to hold above $199, it could signal weakening momentum, possibly leading to lower prices.
Solana’s AI tokens making a comeback?
Whale activity on AI tokens, arc (ARC), and ai16z (AI16Z), also sparked significant interest in the Solana ecosystem. A whale, identified as “8u6u3,” spent approximately $3.86 million on ARC and $3.56 million on ai16z tokens.
This move followed a withdrawal of 38,139 SOL from Coinbase, suggesting strategic preparation for these investments.
In response to these buys, ARC surged by 81% and ai16z by 35%, indicating a strong market reaction.
Source: Lookonchain
Read Solana’s [SOL] Price Prediction 2025–2026
This surge could signal a revival in interest for Solana’s AI tokens. However, whether this trend will continue remains uncertain.
Traders and investors need to watch if this momentum sustains or if it was a short-lived spike driven by whale activity.
