Whales are rapidly accumulating Solana, leading to noticeable changes in market dynamics. In just one week, the number of whale wallets has surged from 4,943 to 5,019, coinciding with an uptick in the SOL price from $121.44 to $134.02. This accumulation trend suggests a strong bullish sentiment among major investors.

Furthermore, Solana is currently trading well above its 50-day moving average, a classic indicator of market strength. Analysts suggest that these factors may precede significant price rallies, making SOL a token to watch closely in the upcoming days.