- VIRTUAL surged 18% after launching on Solana, but a whale sold 4.88M tokens, losing $4.46M.
- Market activity spiked as traders eyed $1.50 resistance, with Open Interest rising by 25.93%.
Virtuals Protocol [VIRTUAL] has officially launched its token on the Solana blockchain, marking an expansion into one of the most widely used blockchain ecosystems.
Alongside this, the project introduced its official liquidity pool on Meteora, a decentralized finance (DeFi) platform within the Solana network.
In an X (formerly Twitter) post, the Virtuals Protocol team announced,
“In preparation for Virtuals Protocol Solana launchpad, we have successfully bridged to Solana and $VIRTUAL is now tradeable on Meteora.”
This launch follows VIRTUAL’s recent listing on Upbit, where the token is now available for trading against KRW, BTC, and USDT, expanding its global accessibility.
Whale offloads 4.88M VIRTUAL at a $4.46M loss
Following the launch on Solana, a whale who had accumulated 4.88 million VIRTUAL tokens worth $9.86 million recently sold the holdings for $5.39 million, taking a $4.46 million loss.
According to Onchain Lens, the tokens had been acquired 13 days prior, indicating a short-term trading strategy.
Large-scale transactions like this often draw market attention, raising speculation about the asset’s short-term price trajectory.
Despite the whale’s exit, VIRTUAL remains in strong demand, with major exchange listings and increased liquidity supporting market confidence.
VIRTUAL price action and key market levels
Following its integration with Solana, VIRTUAL surged by 18% within 24 hours, reaching $1.39. However, over the past week, the token has declined by 2.94%, bringing its market capitalization to $898.36 million with a 24-hour trading volume of $254.25 million.
At the current price level, $1.40 acts as a key resistance point, marking the highest level on the chart. A breakout above this level could lead to further gains, with $1.50 as the next target for buyers.
On the downside, $1.35 may now act as a support level, given its recent role as resistance before the price surged past it. If the price experiences a pullback, $1.25 and $1.20 remain critical zones where buyers previously stepped in, potentially offering strong support.
Rising market activity and bullish momentum
According to Coinglass data, VIRTUAL’s trading volume has increased by 60.35%, reaching $362.15 million, reflecting heightened market activity.
Open Interest has also risen by 25.93%, now at $140.53 million, indicating growing trader commitments and potential volatility ahead.
Market indicators suggest continued bullish sentiment. Coinalyze data reveals that VIRTUAL is forming higher highs and higher lows, confirming a strong uptrend after a period of consolidation around $1.10 – $1.20.
At press time, the Aggregated Funding Rate stood at 0.0072, while the Predicted Funding Rate was at 0.0112, showing that traders are paying a premium to hold long positions.
This trend signals increased confidence in further price appreciation.
Source: Coinalyze
Read Virtuals Protocol [VIRTUAL] Price Prediction 2025-26
With bullish momentum in place, VIRTUAL could soon test the $1.50 resistance level if demand continues to rise.
However, traders should monitor potential pullbacks around $1.30, as profit-taking at current levels could lead to temporary corrections before another move higher.
