Solana Drops 15% but Whales Accumulate — Why SOL Could Be the Best Altcoin to Buy This Week

Solana price has fallen about 15%, but long-term investors are still confident. Whale wallets keep accumulating at the $190 support level, indicating trust in the project’s fundamentals. This accumulation pattern is similar to previous setups that triggered major Solana price breakouts. Despite the volatility in the market, analysts continue to rank Solana (SOL) as one of the best altcoins to buy this week . Traders describe the drop as a normal correction, not a reversal. Institutional buyers are consistently adding through each pullback, confirming consistent whale accumulation. Meanwhile, analysts are tracking strong buying around MAGACOIN FINANCE , a 2025 presale project showing a setup similar to Solana’s early growth phase. Solana Price Outlook Solana price trades between $188 and $203 with key support near $185 and resistance near $200-210. If bulls break above $210, SOL could move towards $225-$270. Failure to hold this level may lead to short-term consolidation before getting the next move higher. Source: X Technical data indicate a stable market structure. Funding rates are in balance, and on-chain indicators confirm continued institutional inflows. Analysts believe that if the momentum continues, Solana may retest the $260-$300 resistance zone. The Solana support and resistance levels continue to be critical to traders in determining the next breakout. Solmate Infrastructure Acquires $50 Million in SOL Confidence in the Solana ecosystem had been boosted when Solmate Infrastructure announced a $50 million SOL purchase (a 15% discount). The NASDAQ-listed company, which was formerly Brera Holdings, made the acquisition as a major liquidation phase. The tokens will fund Solmate’s Solana infrastructure throughout the United Arab Emirates. The Solana Foundation was directly involved in the transaction, receiving rights to nominate two board members to Solmate’s board. Executives said the purchase helps support their “infrastructure-first” strategy and long-term expansion plan. The deal reinforces the institutional adoption of Solana that has been growing, and reflects corporate confidence in blockchain projects that have measurable output. Cathie Wood’s Ark Invest revealed an 11.5% investment in Solmate Infrastructure through an SEC filing. The position follows Ark’s previous investment of $300 million in PIPE, demonstrating ongoing institutional confidence in blockchain infrastructure tied to Solana. Ark’s involvement highlights the increasing role that regulated capital plays in utility-focused crypto projects. This exposure further validates Solana’s position as a layer-1 network that is preferred by long-term institutional portfolios. Emerging Project Sparks Early Whale Accumulation Whales have moved early this cycle, accumulating MAGACOIN FINANCE while retail traders wait for direction. Their consistent buying has attracted attention throughout the market and has stirred curiosity among retail participants. Many smaller traders, who can often be late to emerging opportunities, now follow this trend closely. This early accumulation has caused FOMO in major crypto communities. Discussions about MAGACOIN FINANCE dominate Telegram groups, X threads, and trading circles. Analysts are comparing the accumulation to the 2021 accumulation phase of Solana, which suggests that there could be a repeat of impressive market momentum. Experts say the increasing attention is due to the scarcity model and transparent distribution structure of the project that attracts investors looking for sustainable growth. MAGACOIN FINANCE presale has become a visible opportunity, and many describe it as “a light of future potential.” With a rapid spreading of enthusiasm, no one wants to miss out on one of the best altcoins to buy this week. Market Outlook Despite its recent fall, Solana has the support of whales, institutional investors, and corporate treasury buyers. Continuous accumulation around $190 and up, infrastructure partnerships with good fundamentals. If momentum is with it, in the coming sessions, SOL could hit $270-$300. At the same time, MAGACOIN FINANCE continues to gain attention for its structure and consistent whale activity. The rise of the project is reflective of the fact that accumulation behaviour now favours utility-driven assets that have a measurable value. Together, Solana and MAGACOIN FINANCE stand as the leading examples of what analysts call the best altcoins to buy this week , uniting proven performance with early opportunity. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Access: https://magacoinfinance.com/access Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Solana Drops 15% but Whales Accumulate — Why SOL Could Be the Best Altcoin to Buy This Week

BitcoinSistemi

You can visit the page to read the article.
Source: BitcoinSistemi