{"id":26040,"date":"2025-08-13T10:39:05","date_gmt":"2025-08-13T07:39:05","guid":{"rendered":"https:\/\/forklog.com\/en\/solana-tops-200\/"},"modified":"2025-08-13T10:39:05","modified_gmt":"2025-08-13T07:39:05","slug":"solana-tops-200","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/solana-tops-200\/","title":{"rendered":"Solana tops $200"},"content":{"rendered":"<p>Over the past 24 hours Solana has jumped 12.6%, despite potential profit-taking by large holders. Analysts at Lookonchain reported that three whales transferred more than 226,000 SOL to exchanges, worth about $40 million.<\/p>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">August 13, 2025 | 12:46<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>Solana rose above $200 for the first time since July.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"603\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-08-13-v-12.45.24-1024x603.png\" alt=\"Screenshot 2025-08-13 at 12.45.24\" class=\"wp-image-263820\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-08-13-v-12.45.24-1024x603.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-08-13-v-12.45.24-300x177.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-08-13-v-12.45.24-768x452.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-08-13-v-12.45.24-1536x905.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-08-13-v-12.45.24-2048x1206.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly SOL\/USDT chart on Binance. Source: <a href=\"https:\/\/ru.tradingview.com\/chart\/?symbol=BINANCE%3ASOLUSDT\">TradingView<\/a>. <\/figcaption><\/figure>\n<\/div>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Whales seem to be selling <a href=\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOL<\/a>.<\/p>\n<p>CMJiHu deposited 96,996 <a href=\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOL<\/a>($17.45M) to exchanges 9 hours ago.<\/p>\n<p>5PjMxa deposited 91,890 <a href=\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOL<\/a>($15.98M) to <a href=\"https:\/\/twitter.com\/hashtag\/Kraken?src=hash&#038;ref_src=twsrc%5Etfw\">#Kraken<\/a> 3 hours ago.<\/p>\n<p>HiN7sS deposited 37,658 <a href=\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOL<\/a>($6.73M) to <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\">#Binance<\/a> 8 hours ago for a profit of $1.63M.<a href=\"https:\/\/t.co\/SjYyx112xa\">https:\/\/t.co\/SjYyx112xa<\/a>\u2026 <a href=\"https:\/\/t.co\/6A22shhpe8\">pic.twitter.com\/6A22shhpe8<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1955089700898869274?ref_src=twsrc%5Etfw\">August 12, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the analysts, the wallet CMJiHu sent 96,996 SOL ($17.45 million), 5PjMxa moved 91,890 SOL ($15.98 million) to Kraken, and HiN7sS deposited 37,658 SOL ($6.73 million) to Binance. The latter locked in a $1.63 million profit.<\/p>\n<p>Even so, Solana has held above $190, signalling strong demand from other market participants. At the time of writing the altcoin traded at $196.42, with a market capitalisation of $106.1 billion.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/AD_4nXfAUJC_d3uB1eBEenj7wCwrsSsbMF7HgSxhjkK9cPi2dhjn3IJSshWt9XXYEdeVvVj1VUkzIQsZa0gFpoQlmnwan4tVaM9HlHMh1TgVU2VhhCJ18LDsrAs3S_RAqFBS1IaM5vfMuQ.webp\" alt=\"Solana tops $200\" class=\"wp-image-263792\"\/><figcaption class=\"wp-element-caption\">Hourly SOL\/USDT chart on Binance. Source: <a href=\"https:\/\/ru.tradingview.com\/chart\/?symbol=BINANCE%3ASOLUSDT\">TradingView<\/a>.\u00a0<\/figcaption><\/figure>\n<p>Solana is now 33% below its all-time high of $293.31. According to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/solana\">CoinGecko<\/a>, that level was recorded on January 19.<\/p>\n<h2 class=\"wp-block-heading\">Why Solana is rising<\/h2>\n<p>Hong Kong-regulated exchange OSL HK has <a href=\"https:\/\/www.osl.com\/hk-en\/press-release\/Initial-Listing-Solana%20(SOL)-Trading-will-be-Available-on-OSL-HK-to-Retail-Investors?channel=Meetsocial_google_web_hk_ua_SEM_reg_brandedkw_2025mar\">received<\/a> approval to open Solana trading to retail investors. From August 11 the SOL\/HKD and SOL\/USD pairs are available in Flash Trade mode. From August 19 Pro Trade will open with the SOL\/USD pair.\u00a0<\/p>\n<p>Almost simultaneously, the DigiFT project and asset manager CMBI <a href=\"https:\/\/insights.digift.io\/digift-cmbiam-bring-first-hk-singapore-mrf-fund-on-chain\/\">introduced<\/a> a tokenised version of a money-market fund recognised by regulators in Hong Kong and Singapore. It operates, among others, on the blockchain of the sixth-largest cryptocurrency by market capitalisation.\u00a0<\/p>\n<p>Another positive factor was the news that Blue Origin, founded by Jeff Bezos, <a href=\"https:\/\/forklog.com\/en\/news\/jeff-bezos-blue-origin-now-accepts-bitcoin-for-spaceflights\">started<\/a> accepting digital assets for space flights. In addition to bitcoin, Ethereum, USDT and USDC, the firm added support for Solana.\u00a0<\/p>\n<p>Public companies are also continuing to accumulate SOL. On August 12 DeFi Development Corp. (DDC) reported holding 1.3 million SOL worth about $250 million. In the first two weeks of the month the company bought 4,500 coins.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">July? Our most transformative month, hands down. \ud83d\ude80<\/p>\n<p>We accelerated <a href=\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOL<\/a> accumulation, raised fresh capital, &#038; issued our first SPS guidance \u2014 all while Solana extended its dominance across EVERY major metric.<\/p>\n<p>All that and more in our latest recap. \ud83d\udc47<a href=\"https:\/\/t.co\/bwqfY9ZFBm\">https:\/\/t.co\/bwqfY9ZFBm<\/a><\/p>\n<p>\u2014 DeFi Dev Corp. (DFDV) (@defidevcorp) <a href=\"https:\/\/twitter.com\/defidevcorp\/status\/1952442172034228599?ref_src=twsrc%5Etfw\">August 4, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>DDC uses a model akin to Michael Saylor\u2019s strategy. The company\u2019s primary income, however, comes from staking SOL. With a 10% annual yield, it earns about $63,000 a day.\u00a0<\/p>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"420\" frameborder=\"0\" src=\"https:\/\/www.theblock.co\/data\/treasuries\/solana-treasuries\/stacked-sol-holdings-by-public-companies-in-usd\/embed\" title=\"Stacked SOL Holdings by Public Companies in USD\"><\/iframe><\/p>\n<p>Upexi remains the largest corporate holder of Solana. Earlier the company <a href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/08\/05\/3127305\/0\/en\/Upexi-Surpasses-2-Million-SOL-in-its-Treasury.html\">stated<\/a> that in July it increased reserves from 735,692 SOL to more than 2 million SOL.<\/p>\n<p>Meanwhile, the exchange Coinbase has <a href=\"https:\/\/www.coinbase.com\/en-au\/blog\/relaunching-the-coinbase-stablecoin-bootstrap-fund-to-boost-defi-liquidity\">revived<\/a> its Stablecoin Bootstrap Fund to distribute liquidity across DeFi protocols. The fund has already announced financing for two Solana-based projects, indirectly supporting its ecosystem:\u00a0<\/p>\n<ul class=\"wp-block-list\">\n<li>Kamino, which offers lending against SOL collateral;<\/li>\n<li>Jupiter \u2014 one of the largest DEX aggregators.\u00a0<\/li>\n<\/ul>\n<p>At the time of writing, <span data-descr=\"total value locked\" class=\"old_tooltip\">TVL<\/span> in Solana-based decentralised protocols exceeds $11 billion. Over the past day the metric has risen by 7.8%.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/AD_4nXerO1DSoBmTPO0esriIfxlXD5iZrhlDgDW679qJGNPz3AZ1XpD_-z-8j9ls9FVJbyMuMMAAgzmJld9se2Y0A1lqynPfC1rC_-HCu54vDdlGbbuSr7g1Mh-lsrQW5LQdudB3YnxNNQ.webp\" alt=\"Solana tops $200\" class=\"wp-image-263793\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/defillama.com\/chain\/solana\">DeFi Llama<\/a>.\u00a0<\/figcaption><\/figure>\n<p>In July, trading volumes in Solana futures on CME <a href=\"https:\/\/forklog.com\/en\/news\/cme-solana-futures-trading-volume-surges-by-252-in-a-month\">rose<\/a> by 252%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the past 24 hours Solana has jumped 12.6%, despite potential profit-taking by large holders. Analysts at Lookonchain reported that three whales transferred more than 226,000 SOL to exchanges, worth about $40 million. August 13, 2025 | 12:46Update: Solana rose above $200 for the first time since July. Hourly SOL\/USDT chart on Binance. Source: TradingView. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26039,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1159,1795],"class_list":["post-26040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-solana-sol","tag-solana-reserve"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=26040"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26040\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26039"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=26040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=26040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=26040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}