Whales Make Big Moves with Solana; What’s Their Endgame?

Pump.fun’s deposit of nearly $155M worth of SOL and significant withdrawals suggest major players are positioning themselves for future Solana price gains.
Meanwhile, Solana’s network speeds, surpassing 1,300 TPS, continue to impress, adding to the bullish outlook for the token’s future.
Whale accumulation may tighten SOL supply, supporting Solana price growth
Recent data from Lookonchain shows big SOL movements by major players, including Pump.fun and whales.
Pump.fun deposited 798,869 SOL worth $154M to Kraken and sold 264,373 SOL for  $41.64M USDC, retaining large holdings.
Recent activity suggest liquidity management strategies similar to price and market influence optimization.
Two wallets probably belonging to the same whale, separately, withdrew a total of 250,109 SOL. That’s roughly $60M, from Kraken over the past month.
Whale accumulation could mean that sell-side pressure for SOL could level out, stabilizing prices and even leading to a rally.
This looks like whale’s holding for Solana’s price future upside. Such moves tend to indicate a strategic reduction in circulating supply. This will compress liquidity and instigate a rise in price.
This all fits in line with Solana’s price strength and the growth of the ecosystem continues.
Despite that, deposits on a scale so large could cause regional price spikes and a level of short-term volatility. While still retaining Solana’s appeal as a holy grail asset with high demand.
Solana surpasses 1,300 TPS, showcasing unmatched blockchain speed
SolanaFloor reports that Solana’s network has reached a big milestone, with true transactions per second (TPS) above 1,300 tx/sec.
This is a proof of how fast and efficient Solana crypto is on blockchain networks and how it can take large-scale real-time applications.
Solana achieves this because it underscores the commitment to scalability and the ability to serve decentralized applications (dApps) and users’ ever-growing needs.
The TPS measurement is of Solana’s crypto operational efficiency in reflecting true on-chain transactions, excluding consensus-related and non-user-initiated activities.
It is able to achieve such throughput, placing it far ahead of the competition. This means it is able to support a lot of use cases from DeFi protocols and NFTs to enterprise-grade applications. And yet keep scalability and cost-efficiency.
With Solana crypto ready to scale even further as adoption grows, this development is a strong indicator of the infrastructure this layer 1 intends to enable for developers and users.
This increased TPS not only improves the user experience but also places Solana ahead as an obvious network of preference for high-performance decentralized ecosystems and fuels blockchain innovation.
Solana Eyes $280 as Bulls Push Above Key SupportThe Solana price 4-hour chart shows a critical consolidation zone between $238.20 and $239.12, which is key support.
At this time, the price is moving upwards with a bullish bias and with a clear tendency to reach resistance levels at $242.10.
The price is above the key moving averages, and the Alligator indicator signals one can expect a bullish continuation on some alignment.
The $280 level, which is the marked next resistance level, would become an upside target to the price if it gains 17.56%. As a higher level, there is a significant hurdle for the bulls, and movement beyond this point will also show confirmation of a strong bullish trend.
To see the MACD indicator showing signs of recovery, including the histogram moving from red to green and the signal line converging on the zero line, means we are witnessing a growing purchasing pressure.
Solana price is at present overbought, but the stochastic RSI at 81.16 shows that the coin is about to enter the overbought territory, indicating a short-term pullback.
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#XRP XRP, the cryptocurrency created by Ripple, has taken the spotlight after surpassing Tether (USDT) to become the third-largest cryptocurrency. Its market value has reached $138.675 billion following a 30% daily price jump to $2.44 and an incredible 375% increase over the past month.

What’s Driving XRP’s Rise?
1. Ripple’s RLUSD Stablecoin Is Close to Launch
Ripple’s new stablecoin, RLUSD, is rumored to be nearing approval by the New York Department of Financial Services (NYDFS). Expected to launch on December 4, this development could make XRP even more central to the crypto world.
2. SEC Changes Offer Hope
The upcoming departure of SEC Chair Gary Gensler in January 2025 has sparked optimism about Ripple’s long-running legal case with the SEC. Many believe that new leadership might lead to a settlement or less legal pressure on XRP.
3. Growing Institutional Interest
Big investment firms, like 21Shares and Bitwise, are filing for ETFs focused on XRP. Ripple is also growing its partnerships, signaling that institutions are starting to take XRP seriously.
Potential Risks to Watch
Some experts warn that the rally might not last without caution. Valentin Fournier from BRN notes that XRP derivatives have risen by 30% in 24 hours, reaching $4.2 billion. This increase in speculative trading could make the market more volatile and lead to sudden price drops.
Looking Ahead
XRP’s recent surge reminds many of its performance during earlier bull markets, like its all-time high of $3.30 in 2018. With new products and legal clarity on the horizon, Ripple’s future looks promising. However, investors should be prepared for ups and downs in the short term.
Ripple is now proving itself as a key player in the cryptocurrency world, with XRP showing strong potential to reshape digital finance.what is your Thought on this leave me in the Comment #XRP #Binance #ETH #Solana #BinanceWeb3Airdrop $XRP

Solana $SOL , the fourth-largest cryptocurrency by market capitalization, has solidified its position as one of this month’s top gainers. The token’s price has surged over 30% on the monthly chart, currently trading above $235. With strong bullish momentum, Solana is setting its sights on retesting and breaking its all-time high of $263, making it a key altcoin to watch.
If #Solana can successfully flip the $245 resistance level into support, it could enter price discovery mode, unlocking further upside potential. Technical indicators such as the 20-VWMA and 9-HMA signal continued bullish momentum, suggesting that SOL could cross $500 by year’s end. This surge is further fueled by the growing popularity of SOL-themed memes, which have attracted significant community attention.
Top analysts have shared optimistic projections for Solana’s future. Richmfer_nft forecasts a remarkable $1,000 price target for SOL by 2025, while Whitfordtrades predicts a mid-term range of $400 to $500. These bullish outlooks reinforce Solana’s position as one of the most promising altcoins for investors.
With its recent performance and robust growth potential, Solana continues to captivate market participants and remains a key contender in the cryptocurrency space.
#Cardano (ADA), a leading altcoin, has reclaimed the critical $1 support level after a strong rebound. Over the past 30 days, ADA's price has skyrocketed by 200%, with an additional 21% gain on the weekly chart, signaling robust momentum. As it continues to build on this upward trajectory, $ADA is emerging as one of the most promising cryptocurrencies to invest in.
Key technical indicators bolster this bullish outlook. The MACD (12, 26) shows positive momentum, while ADA's price is trading above the 10-EMA ($0.95) and 10-SMA ($0.97), both signaling strong buy opportunities. Analysts predict further gains, with projections indicating a rally above $5 during the current bull market.
Cardano enthusiast and analyst ADA_ONEVETCOTI has set an ambitious target, claiming ADA is "going to $7." Similarly, TheCryptoHome, another prominent analyst, anticipates ADA will reach between $5 and $7 during June’s anticipated parabolic run.
With its impressive performance and bullish technical indicators, Cardano stands out as a compelling opportunity for investors looking to capitalize on this cycle’s growth potential.
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