Solana Breaks Through Resistance, Driven by Whale Activity and Bullish Sentiment

Solana (SOL) is showing signs of a price rebound after a period of stagnation. The altcoin has broken through a long-held resistance trendline, sparking hopes for a sustained rally. This move was fueled by whale activity, specifically the recent unstaking of nearly 100,000 SOL tokens from long-term holdings and their transfer to Binance. While this large transaction raised some eyebrows, it doesn’t alter the fact that the whale still holds over a million SOL, with realized profits exceeding $153 million.