Solana (SOL) closed its first positive monthly candle in nearly a year, ending a prolonged streak of red months that began after September 2025. The token reclaimed the psychologically important $100 level in August, advancing roughly 40 to 50% during the month after falling from highs above $250 in late 2025 to a cycle low around $60. A dormant Solana whale after eight months of inactivity purchased 76,856 SOL worth approximately $8 million from Hyperliquid, according to Lookonchain. Twenty-four-hour futures volume stands at approximately $7.82 billion with open interest at approximately $6.64 billion, SOL’s market capitalization sitting near $59.82 billion.
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