Skip to content
Active Currencies: 17,390
Market Cap: $2.311T
Bitcoin Dominance: 55.61%
24h Market Cap Change: $-3.89

Solana: Can SOL target $110 as KEY metrics signal buying pressure?

Solana gains momentum as enterprise adoption grows and whale buying strengthens across spot and futures markets.

Solana Bulls Take Control as Enterprise Adoption Triggers Whale Activity

The Solana [SOL] Foundation has rolled out a new enterprise-focused platform. According to recent reports, early adopters include major payment players like Mastercard, Worldpay, and Western Union, who are building payments and stablecoin settlement on the Solana network.

The development brings Solana closer to real-world payment infrastructure, particularly stablecoin settlement. Could the increased adoption have a say on the token’s price action?

Whales step in as sentiment shifts

Following the announcement, SOL whales turned active on spot markets. Large buy orders have started to show up on the Spot Average Order Size data. This shift suggests confidence. Not just in price action, but also in Solana’s expanding utility.

Usually, when whales move alongside fundamental developments, the impact tends to be stronger. The same could be replicated to Solana price action, more so at this moment when SOL has just broken out of a wedge consolidation pattern.

Solana whale orders
Source: CryptoQuant

Derivatives data confirms buyer control

Both spot and futures metrics are now aligned.

Cumulative Volume Delta (CVD) on spot markets shows sustained buying pressure. Futures CVD tells the same story. Buyers are in control across both segments. This kind of alignment matters as it reduces the chances of a fake breakout driven by leverage alone.

Solana Spot Taker CVD
Source: CryptoQuant

What it means for SOL price action

The enterprise rollout adds a new spark. Solana is no longer just a high-speed chain; it is positioning itself as a payments layer.

That shift can attract longer-term capital, not just traders, but institutions are looking for infrastructure exposure. In the short term, whale accumulation and strong CVD support a bullish bias.

On the daily chart, the token price action has just broken out of a wedge consolidation pattern. The altcoin’s momentum is accumulating toward the imbalance zone at around $110. If the momentum materializes, SOL could have another chance to rally past $100 in the near future.

Solana price action
Source: TradingView

What’s next for SOL

Solana’s latest move blends fundamentals with market momentum. Institutional adoption is picking up, whales are responding, and buyers dominate across spot and futures.

As it stands, the market is leaning bullish, with the imbalance zone at $110 standing out as the next key target in line.


Final Summary

  • Solana network’s increasing enterprise rollout triggered strong whale accumulation on spot markets.

  • CVD across spot and futures confirms buyers are in control, with the imbalance zone at $100 as the next target.

 

Disclaimer: AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.

Kelvin Murithi

Journalist

Kelvin Murithi is a crypto journalist and on-chain analyst covering market structure, price action and blockchain data. He is a Bsc. Actuarial Science graduate and harnesses his statistical and data analysis skills to translate complex metrics into clear insights for everyday crypto investors.

AMBCrypto was founded in 2018 with a mission to simplify and bring the latest blockchain and cryptocurrency news to our readers. We have quickly grown into the digital news source for an emerging generation of cryptocurrency enthusiasts, reaching more than a million readers on a monthly basis, across the globe.