Solana’s $381M Accumulation Signals Imminent Price Surge
Solana (SOL) is showing strong signs of an impending price surge as $381 million worth of SOL has been withdrawn from exchanges in the past ten days. This significant accumulation suggests growing investor confidence in the asset’s long-term potential, despite its recent sideways trading. Technical indicators, including narrowing Bollinger Bands, point to heightened volatility and a potential breakout. With such bullish signals, solana could be gearing up for a major price movement in the near future.
$381M Worth of SOL Accumulated: Is a Solana Price Surge Next?
Solana’s exchange supply has seen a sharp decline, with 2.2 million SOL—worth approximately $381 million—withdrawn from trading platforms over the past ten days. This accumulation signals growing confidence among investors in the asset’s long-term potential, despite recent sideways price action.
Technical indicators suggest an impending breakout. Bollinger Bands are narrowing, pointing to heightened volatility ahead. Solana currently trades near critical support at $173; a decisive break above $178 could confirm the start of a sustained rally.
The market’s bullish sentiment persists even as volatility remains subdued. Such large-scale accumulation during consolidation phases often precedes significant price movements, making Solana one to watch in the coming weeks.
Solana Eyes $250 Breakout as Remittix Emerges with 7x Growth Potential
Solana (SOL) shows bullish momentum despite a 3.5% dip on May 24, trading above $174.27 with $7.6 billion in volume. A recent breach of the $180 resistance level has fueled Optimism for a $250 target.
Meanwhile, presale project Remittix gains traction with claims of 7x growth potential, positioning itself as a disruptor in cross-border payments plagued by high fees and delays.
Franck Muller Launches Solana-Inspired Luxury Smartwatches
Swiss watchmaker Franck Muller has unveiled a limited-edition collection of 1,111 smartwatches integrating Solana blockchain technology. Priced at 20,000 CHF (~$24,300), the watches feature QR-enabled wallet access—a bold fusion of haute horology and digital asset management.
The ’phygital’ design underscores crypto’s growing influence on luxury markets, though security concerns persist when flaunting blockchain wealth through tangible status symbols. Solana’s integration marks another milestone in Web3’s collision with traditional luxury.
Anthony Scaramucci Lauds Solana as Financial Backbone
Anthony Scaramucci, founder of SkyBridge Capital, has positioned Solana as a transformative force in global finance during his keynote at the Solana Accelerate 2025 conference. The blockchain’s high throughput and minimal fees could slash the $7 trillion annual cost of transaction validation, Scaramucci argued, framing it as infrastructure rather than mere technology.
Solana’s technical prowess is tempered by reliability concerns. Network outages persist as a challenge, despite its status as one of crypto’s fastest chains. These intermittent disruptions fuel skepticism even as institutional interest grows.
