🚀🚀🚀 #SolanaPrice Jumps 17% Amid Significant Whale 🐳🐳🐳 Movements
Solana’s (SOL) Price Surge Fueled by Whale Staking & Meme Coin Hype
- Solana (SOL) has witnessed an impressive 17% price jump in the past week, largely driven by significant activity from “whales,” or large holders. On-chain data shows that a new wallet recently withdrew 150,011 SOL, valued at $26.25 million, from Binance. This whale then staked the SOL, reinforcing optimism around Solana’s ecosystem.
- According to Lookonchain, the whale made multiple transactions of around 9,999.99 SOL each, signaling strong confidence in Solana’s future. Staking such a substantial amount underscores a long-term commitment to the blockchain. The whale now holds over 91,000 mSOL (marinade staked SOL), highlighting the rising demand for staking within Solana’s network.
- This large-scale staking activity has sparked enthusiasm among Solana supporters, as reduced circulating supply often aligns with long-term price gains. As whale staking continues, investors are hopeful for sustained upward momentum in SOL’s price.
#GOAT : #Memecoin🤑🤑 Leveraging Solana’s Rally
- GOAT, a meme coin riding Solana’s wave, has gained traction with a staggering 200% price increase over the last week. Its recent listing on Binance Futures, allowing traders to leverage the GOATUSDT perpetual contract with up to 75x leverage, has further boosted its visibility & fueled speculation around its potential to reach $1.
- GOAT’s surge underscores the growing interest in meme coins on Solana, spotlighting the network’s versatility beyond DeFi & NFTs. The excitement surrounding GOAT, combined with whale activity, has drawn institutional & retail focus back to Solana’s ecosystem.
- With continued staking of SOL & the potential for further gains in GOAT, investors are closely watching Solana’s blockchain. Should the rally continue, Solana could be poised for new all-time highs, reaffirming its status as a top-tier network in the crypto landscape.
