Solana price made headlines as a whale spent and ‘locked up’ SOL, showing increasing interest in the token. Within the last two days, this investor bought 100,000 SOL worth $25,821,000 based on the present market price.
Source: X
It boosted the whale’s SOL possession to 231,919 SOL, and its valuation at the time of purchase was about $55.58 million. Such activities indicate some of the growing large-scale investor staking in Solana as it gains mainstream adoption in the decentralized technology industries.
Solana’s Topping in Blockchain Popularity
The year 2024 was a good one for Solana as it has hooked up the greatest percentage of the global crypto investors’ interest. Solana takes a significant share of the pie generating 38.79% of the global traffic and thus establishing its strong position within the blockchain industry.
Base follows as one of the strongest contenders for the title. It holds 16.81% of the traffic. Another point that shows a decline of the E
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