Solana Whales Massively Accumulate Despite 46% Price Drop at Start of 2026
- Whale Accumulation: Despite a 46% drop in SOL price over the past three months, large wallets have been making repeated purchases of 10 or more SOL at the start of 2026, indicating strong interest in the Solana ecosystem and potentially signaling a market reversal.
- Market Confidence: Data from Santiment shows a behavioral confidence score of around 70% among whales, reflecting a moderate yet steady conviction that could drive price recovery in the future.
- Liquidity Maintained: Despite the significant price decline, market liquidity remains strong, allowing large investors to operate without causing major market distortions, suggesting a long-term bullish outlook.
- TradFi and Crypto Convergence: 2026 is seen as a pivotal year for the convergence of crypto and traditional finance, expected to be driven by the rise of spot ETFs and the widespread use of stablecoins, which may indirectly benefit blockchains like Solana and enhance their market position.
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Technical Analysis for SOL
Technical Sentiment Analysis for Solana (SOL) As of , Solana (SOL) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SOL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SOL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Solana (SOL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 15.913 | 41.706 | 67.263 | 93.056 | 118.613 | 144.406 | 169.963 |
| Fibonacci | 41.706 | 61.322 | 73.441 | 93.056 | 112.672 | 124.791 | 144.406 |
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