Solana Surpasses Robinhood Chain as Whale Accumulation Continues

Solana is gaining momentum as its network activity picks up, surpassing Robinhood Chain in daily DEX volume. The blockchain's recent recovery from a brief loss of the number one position in terms of daily DEX volume to Robinhood Chain demonstrates Solana's resilience.

According to Token Terminal data, Solana boasts around 10x higher active addresses than Robinhood Chain, highlighting the network's activity difference. This suggests that despite Robinhood's recent airdrop attracting new users, Solana's adoption rate remains strong.

The chart of x402 activity shows Solana dominating for the second week in a row, comprising over 80% of total activity. This growing adoption in agentic payments and stablecoin use cases gives Solana's recent surge a fundamental angle.

Solana [SOL] has closed its first green monthly candle in 10 months, with the monthly MACD nearing a bullish crossover. The RSI has broken above a two-year downtrend, suggesting long-term momentum could be turning in favor of SOL. A whale accumulated 285,503 SOL during the past three weeks, indicating a strategic move rather than random speculation.