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- Solana shows strength with a rising triangle, even while Bitcoin faces heavy sell pressure—bullish continuation remains likely.
- Whales are accumulating SOL as price holds steady; the chart suggests a possible run toward the $400 milestone.
Four consecutive red daily candles since the end of August apparently weren’t enough to dampen market enthusiasm for Solana (SOL).
Instead of plummeting, the price of SOL has remained resilient amid the pressure. This situation not only reflects Solana’s strength but also signals that the crypto market in general is harboring hidden bullish potential.
In many cases, SOL’s movement often serves as a barometer for other altcoins. And now, when its chart forms a rising triangle pattern while many other crypto assets are sluggish—including Bitcoin—we can smell an unusual movement. Something is brewing behind the scenes.
Crypto analyst Master Ananda even said Solana is in a perfect position. For him, SOL’s current strength is not just due to buying pressure from ordinary traders, but rather due to a shift in large capital flows.
“Whales are buying up,” he said.
Solana Becomes the Fastest L1 Network After Alpenglow Upgrade
If anyone says the Ethereum network is slow, then Solana can now proudly prove otherwise. After the community approved the Alpenglow Upgrade on September 1, the legacy TowerBFT consensus system will be replaced with Votor/Rotor.
The effect? Transaction finality, which previously took 12.8 seconds, will now be reduced to just 150 milliseconds. In short, Solana is now the fastest L1 blockchain available—even surpassing Sui, which was previously touted as the fastest at 400 ms.
However, this upgrade only addresses one aspect of the problem: throughput. The issue of validator centralization remains unaddressed.
The next plan, the integration of Jump Crypto’s Firedancer, scheduled for release later this year, is expected to diversify the network’s infrastructure.
Furthermore, the CNF previously noted that the Solana network reached 107,540 transactions per second (TPS) in a stress test last August.
This isn’t just a high number; it confirms that Solana is ready to handle the surge in activity, especially from emerging Solana projects like BONK, MEW, and WIF.
Not only that, adoption by large entities is also starting to arrive. World Liberty Financial (WLFI), the company behind the Trump-backed USD1 stablecoin, chose Solana as the new home for its DeFi expansion.
A total of 100 million USD1 were minted directly on the network, targeting protocols like Kamino and Raydium. Although the overall growth of USD1 has slowed due to the dominance of USDT and USDC, this move remains strong validation for Solana.
A Market Signal That Can No Longer Be Ignored
Over the past 30 days, SOL has risen 27.59%. In the past 24 hours alone, the increase reached 3.21%—bringing the price to around $208.50.
It’s no surprise that many are starting to make bullish predictions. Even Master Ananda confidently believes it’s too early to give up. His analysis sees Solana poised to surge past the $400 milestone.
While there is certainly a chance of a short-term price drop—as is common in a rising channel pattern—analysts believe that any correction will be immediately met with renewed buying. This means that selling pressure cannot last long.
Especially with whales continuing to increase their positions, the retail market simply rides the wave.
