Solana Soars Above $100 on $9.74 Million Buy

A significant purchase of Solana (SOL) tokens has contributed to the cryptocurrency's rebound above the $100 level.

The trader, who previously generated around $4.95 million in combined profit from two SOL swing trades over the past three years, returned with a $9.74 million purchase of 95,928 SOL, according to Lookonchain.

This move has put Solana near the upper end of its daily range and has attracted attention as a sentiment signal, although previous success does not guarantee another profitable trade.

The chart shows Solana challenging a major resistance band after breaking sharply higher from the mid-$70s. A clean breakout and sustained hold above this zone would provide stronger confirmation that the recovery has further room to run.