Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Solana Whales Bet Big on Upcoming Upgrade

Guavy AI Editorial Team
Instruments
ETH SOL
Share

Solana (SOL) price fell 2.37% to $102 on September 8, but despite this drop, whales opened $9.11M in long positions ahead of a network upgrade scheduled for September 9.

The Solana network is set to triple its maximum transaction size from 1,232 bytes to 4,096 bytes with the upcoming upgrade, which could potentially improve Solana's position against Ethereum (ETH), according to Crypto Tony.

Whale traders are positioning for a rebound before the upgrade, despite broader derivatives data showing weaker demand and a market tilted toward shorts. The futures trading volume fell 16% to $6.53B, while open interest declined 1.21% to $6.47B.

More on Crypto

Crypto 1m ago

PARE Protocol Splits Tokenized Stocks into Two Tradeable Components

Crypto 1m ago

XRP Volume Hits Historic Lows Amidst High Prices

Crypto 1m ago

Cryptocurrency Market Sends Mixed Signals Amid Rising Greed and Falling Market Cap

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy