Solana Breaks Red Streak with First Green Candle in Nearly a Year
Solana has finally broken its prolonged streak of red months, closing its first positive monthly candle in nearly a year. The token had been under heavy selling pressure since September 2025, with prices falling from highs above $250 to a cycle low around $60 before the recent recovery.
In August, Solana's price surged by approximately 40-50%, reclaiming the psychologically important $100 level. This marked a significant shift in the token's trajectory after months of decline.
A dormant Solana whale has returned to the market, purchasing 76,856 SOL worth around $8 million from Hyperliquid. This large transaction adds to recent whale activity surrounding Solana, potentially signaling growing interest from deep-pocketed investors.