Solana Closes First Green Candle in Year Amid Whale Activity

Solana ($SOL) has closed its first positive monthly candle in nearly a year, ending a prolonged streak of red months. The latest monthly candle closed near $103, according to TradingView data.

The move marks a notable shift after $SOL spent much of the intervening period under heavy selling pressure, falling from highs above $250 in late 2025 to a cycle low around $60 before the recent recovery.

A dormant Solana whale has returned to the market after eight months of inactivity, purchasing 76,856 $SOL worth approximately $8 million from Hyperliquid. This adds to recent whale activity surrounding $SOL, with large transactions potentially signaling growing interest from deep-pocketed investors.