Solana Price Holds Near $73 as Whale Accumulation and Breakout Setup Put $100 in Focus

Solana's price has been trading near $73 as large-wallet activity and a tightening breakout setup suggest that the token may be approaching an important decision point.

A whale accumulated approximately $17.41 million worth of SOL during the week, according to market analyst Ted Pillows, who reported several large transfers from a Kraken hot wallet into a separate address.

This accumulation adds support to the view that larger investors are becoming more active around current prices, and continued buying while SOL holds above $70 would strengthen the possibility of a recovery towards the upper end of its short-term range.