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<h2 class="wp-block-heading" id="strong-key-points-strong"><strong>Key Points</strong></h2>
<ul>
 <li>Whales withdraw $80.7M SOL from Binance, cutting exchange supply.<br></li>
 <li>Solana processes 3.8B transactions, dominating blockchain activity.<br></li>
 <li>$SOL trades above $210, with ETF decision ahead in October.<br></li>
</ul>
<p>Whale activity around Solana has intensified, with two wallets withdrawing 376,076 SOL worth $80.7 million from Binance. These funds moved into Kamino, a DeFi platform, signalling <a href="https://coincu.com/news/forward-solana-billion-investment/" rel="noopener noreferrer nofollow">growing institutional confidence</a> in Solana’s ecosystem.</p>
<p>Such large withdrawals reduce exchange supply and often support bullish momentum by easing potential selling pressure. This accumulation follows Solana’s $1.65 billion treasury announcement, adding to optimism around its financial strength.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/SolanaFloor/status/1965330097625505803
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</figure>
<p>Analyst ZYN highlighted that whale buying mirrors past cycles where major assets like Bitcoin and Ethereum later entered strong rallies. These moves suggest whales are positioning Solana for a similar growth phase in the current market cycle.</p>
<h2 class="wp-block-heading" id="strong-network-activity-reinforces-adoption-strength-strong"><strong>Network Activity Reinforces Adoption Strength</strong></h2>
<p>Blockworks Research data shows Solana consistently processes over 3 billion monthly transactions, far ahead of competitors. At its August 2025 peak, the network handled 3.8 billion transactions, surpassing Ethereum, Polygon, Arbitrum, and Avalanche combined.</p>
<figure class="wp-block-image aligncenter size-large"><img src="https://coincu.com/wp-content/uploads/2025/09/image-57-3-1024x579.jpg" alt="">
 <figcaption>
  Chains Transaction Count | Source : Blockworks
 </figcaption>
</figure>
<p>This dominance underscores Solana’s unmatched scalability and efficiency, making it the most active blockchain by transaction count. Sustained <a href="https://coincu.com/analysis/solana-dex-surpasses-750m-addresses/" rel="noopener noreferrer nofollow">throughput</a> reinforces its potential for wider adoption across decentralised finance and Web3 applications.</p>
<p>Transaction strength also aligns with broader market interest, as institutional moves coincide with high on-chain demand.</p>
<h2 class="wp-block-heading" id="strong-price-holds-key-support-ahead-of-etf-decision-strong"><strong>Price Holds Key Support Ahead of ETF Decision</strong></h2>
<p>Solana trades near $218.74, consolidating after a strong week of gains above the critical $210 support level. Recent rallies delivered over 20% advances, confirming buyers step in quickly after each pullback.</p>
<figure class="wp-block-image aligncenter size-large"><img src="https://coincu.com/wp-content/uploads/2025/09/image-58-2-1024x410.jpg" alt="">
 <figcaption>
  Solana Price Analysis | Source : X
 </figcaption>
</figure>
<p>Short-term charts suggest possible corrections, yet <a href="https://coincu.com/analysis/solana-eyes-217-target/" rel="noopener noreferrer nofollow">upside targets</a> remain at $220–$225 if buyers maintain momentum. Holding above $210 is essential to avoid deeper retracements toward $200.</p>
<p>Market focus also shifts to October’s regulatory decisions on a Solana Spot ETF, scheduled for October 10. This decision, alongside a broader bullish Q4 history, may influence retail inflows.</p>
<figure class="wp-block-image aligncenter size-large"><img src="https://coincu.com/wp-content/uploads/2025/09/image-57-4-1024x554.jpg" alt="">
 <figcaption>
  Source : X
 </figcaption>
</figure>
<p>September has historically delivered strong cycles for Solana, with projections suggesting a possible breakout toward $2,000 if momentum sustains. Current whale accumulation and on-chain dominance reinforce this long-term potential.</p>
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on<a href="https://coincu.com/" rel="noopener noreferrer nofollow">&nbsp;this website</a>&nbsp;is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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</figure> <a href="https://coincu.com/?p=361162" rel="noopener noreferrer nofollow">Read original article on coincu.com</a>

Whales Buy $80.7M in Solana as $SOL Targets $225

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