On November 22, Solana’s (SOL) price hits a new high of 263.7 USD, while closing the market cap gap with Tether (USDT).
Whale transactions have contributed substantially to this rise. A newly created wallet withdrew 42,443 SOL (valued at $11.14 million) from Binance in the past two days. Moreover, another whale bought 100,000 SOL worth $23.86 million and staked it. This whale now holds 231,919 SOL, equivalent to $55.58 million.