Solana Holds $189 Support as Whales Accumulate 24.5M $SOL – Is $BEST the Next to Explode?
Takeaways:
- Whales bought 24.5M $SOL around $189, reinforcing strong price support for Solana.
- Technical charts point to a symmetrical triangle pattern, with analysts targeting a $400 breakout if $SOL clears $210-220.
- ETF momentum grows as Bitwise’s $BSOL staking ETF records $69.5M in first-day inflows and $73M in day-two volume.
- $BEST wallet token has raised $16.7M in its presale, offering fee reductions, staking rewards, and early presale access for holders.
Solana is once again proving its resilience. After a shaky start to the week, bulls stepped in hard at $189 to defend the line. This zone is now confirmed as whale territory.
According to data from trader Ali, roughly 24.5M $SOL changed hands around that level, signalling a powerful accumulation phase. That kind of volume isn’t random — it shows large holders are positioning for Solana’s next leg up rather than cashing out.
$SOL briefly bounced above $200 afterwards, before consolidating again around this psychological anchor. Historically, such clusters of whale activity help to mark a bottom that fuels a fresh uptrend.
And, as pointed out by trader Azyra, Solana is showing strong momentum. A large symmetrical triangle is forming on its chart, and a potential breakout to $400 is possible if Solana can clear the $210–$220 resistance range.
When adding in the launch of two Solana ETFs this week, it’s no surprise sentiment is bullish.
All of this builds a story of steady hands accumulating. And when that happens, interest pours over into the broader ecosystem. Projects that help users engage, stake, and trade more easily are right at the cusp of that attention.
That’s where Best Wallet Token ($BEST) comes in — powering a multi-chain wallet designed for on-chain utility.
Solana’s Strength Lifts Web3 Activity
When a major Layer-1, such as Solana, starts gaining strength, the effects don’t stay contained — they ripple across the entire cryptocurrency ecosystem.
Just like Ethereum’s bull run once turbocharged platforms like MetaMask and Uniswap, Solana’s resurgence is now following the same playbook — and the momentum is undeniable.
Wallet adoption is surging, with more newcomers entering the crypto space every day. These users aren’t just looking to buy and hold — they’re seeking speed, yield, and security — and Solana’s growing network is perfectly positioned to deliver all three.
As activity spreads across chains, wallets that already support Solana, such as Best Wallet, are poised to capture the flow of users seeking a more straightforward and secure way to access Web3.
Best Wallet Token ($BEST) – Building on Solana’s Momentum
Best Wallet is built for the new multi-chain era — a single app where users can swap, stake, and discover new tokens without juggling multiple browser extensions.
It already supports Solana, Ethereum, and BNB, with plans to expand to 60+ chains soon. This will give traders broad access to DeFi and presales in one secure hub. Behind the sleek interface lies Fireblocks-grade MPC-CMP security, the same technology trusted by institutions, ensuring private keys never leave the user’s device.
At the center of this ecosystem sits the Best Wallet Token ($BEST). If you hold $BEST, you gain reduced transaction fees, higher staking rewards, and early access to new project presales through the in-app ‘Upcoming Tokens’ feature. Governance rights are also granted, allowing you to shape the app’s future.
Next on the roadmap is the highly anticipated Best Card, a crypto-powered Mastercard that allows users to spend globally and earn cashback simply by holding and staking $BEST.
With the presale still live and Solana’s liquidity expanding fast, many investors believe $BEST could be the next breakout token, combining real-world utility with explosive growth potential.
Join the $BEST presale and secure your spot in Web3’s next big wallet revolution.
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Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
