SOL Token Surges 4.88% as Whale Accumulation and High DEX Volume Drive Momentum

In the past 24 hours, SOLUSDT experienced a notable price increase of 4.88%, rising from a 24h open of 126.52 to the current price of 132.69. This upward movement is primarily attributed to large holders accumulating Solana ecosystem tokens and robust trading activity, as indicated by a reported volume of approximately 2.88 million SOL and strong market capitalization figures. Despite the absence of new protocol updates or partnership announcements, technical indicators suggest cautious optimism, with active buying interest and key support levels holding around $124–$127. Whale accumulation and recent transaction volume milestones, including Solana DEXs reaching $100 billion in December, have contributed to renewed positive sentiment and increased volatility, supporting the asset’s ongoing momentum.