Solana Ends Red Streak With First Green Candle in Almost a Year
Solana's price has finally turned green after nearly a year of red months. The token ended August with its first positive monthly candle since September 2025, closing near $103, according to TradingView data on X.
This marks a significant shift for Solana, which had been under heavy selling pressure since its highs above $250 in late 2025. It fell to a cycle low around $60 before the recent recovery.
The token's price surge was led by August's strong performance, with SOL advancing roughly 40-50% during the month and reclaiming the psychologically important $100 level.
A dormant Solana whale has also returned to the market after eight months of inactivity. The wallet purchased 76,856 SOL worth approximately $8 million from Hyperliquid, according to blockchain analytics platform Lookonchain.