Solana (SOL) Price: Whales Are Buying the Dip and ETF Money Keeps Flowing - Is $150 Next?

TLDR

• SOL dropped 8.31% from $110.50 to around $100.40 since August 26
• 52 new whale wallets added over the past week, holding 10,000+ SOL each
• US spot SOL ETFs saw seven straight weeks of inflows, with 1.2 million SOL (~$120M) last week alone
• Exchange SOL balances fell 4.91%, suggesting longer-term holding by investors
• The Double Disinflation proposal passed, doubling the annual disinflation rate from 15% to 30%

Solana has pulled back sharply in recent days, but on-chain data tells a different story beneath the surface. The numbers point to growing adoption, institutional buying, and a network running at record levels.

Since August 26, SOL has fallen 8.31%, dropping from $110.50 to around $100.40, according to crypto analyst Ali Charts.

Despite the price drop, Solana’s network has averaged roughly 9.5 million new wallet addresses per day over the past week. That kind of growth suggests more users are entering the ecosystem, not leaving it.

2/7 While $SOL has pulled back 8.31% from $110.50 to $100.40 since August 26, network growth remains strong.

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