Solana Price Strong: Whales Buy, $BEST Presale Soars

Solana (SOL) continues to show strength, with whales accumulating a significant amount of the cryptocurrency around the key support level of $189. This accumulation reinforces the belief that Solana is poised for a continued climb. Technical charts suggest this price action could lead to a breakout above $400 if it clears resistance between $210-$220. The growing momentum behind Solana ETFs is also playing a role in driving positive sentiment. 69.5 million USD was invested in the Bitwise Solana Staking ETF ($BSOL) on day one, while Grayscale’s Solana Trust ETF launched yesterday. This influx of capital further strengthens the belief that the blockchain ecosystem is on an upward trajectory.