Solana News Today: Solana Surges 5% on Whale Activity and Strong Buy Volume

Generated by AI AgentCoin World
Monday, Aug 11, 2025 2:18 am ET1min read
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Aime RobotAime Summary

- Solana (SOL) surged to $171, driven by whale activity and strong retail buying volume exceeding sales for three days.

- BNB stabilized near $750 with institutional adoption, including a $500M private placement by CEA Industries rebranded as BNB Network Company.

- BlockDAG (BDAG) gained attention with a 17x price jump to $0.0276 on August 11, raising $368M in presale and securing major exchange listings.

- BDAG expanded real-world applications via partnerships with Seattle sports teams, introducing Web3 fan coins and NFT tools to boost institutional interest.

Solana (SOL) has surged to $171, with recent whale activity and positive technical indicators contributing to a 5% increase in price. A major whale recently moved 71,000 SOL, valued at approximately $12 million, from Binance to the decentralized finance platform Kamino, signaling long-term holding intentions rather than immediate selling [1]. Retail trading activity has also been robust; on August 5 alone, $553,000 was spent buying

Solana
, compared to $532,000 in sales, with buying volume exceeding selling for three consecutive days. A negative spot netflow of -$6.86 million indicates that more Solana is leaving exchanges than entering, suggesting strong long-term confidence. The futures market reflects this sentiment, with 79% of positions being long and positive funding rates. Analysts predict a potential move to $200 if $148 resistance is broken [2].

Meanwhile,

BNB
has held steady around $750 despite a 1.2% decline in the last 24 hours. Institutional adoption has played a key role in stabilizing the asset, notably with
CEA Industries
rebranding to BNB Network Company and adopting BNB as part of a $500 million private placement. This move, supported by institutional players like Pantera Capital and Blockchain.com, highlights BNB’s growing role in corporate treasury strategies. Technically, BNB faces support near $760 and resistance at $770. If it clears the latter, the asset could test the $790–$800 range. However, mixed signals from indicators such as MACD suggest further consolidation unless trading volume increases significantly [3].

BlockDAG (BDAG), however, is emerging as a standout performer. Currently trading at $0.0016, it is set to increase 17x to $0.0276 on August 11, offering a potential 3,025% gain for early buyers. The project has already raised over $368 million during its presale and has secured listings on major exchanges including MEXC, LBank, XT.com, CoinStore, and BitMart. BlockDAG combines a hybrid blockchain-DAG architecture with

Ethereum
Virtual Machine (EVM) compatibility, allowing for seamless smart contract deployment and low-code dApp development. The Dashboard V4 is now live, enabling users to track presale metrics and simulate trading [4].

Moreover, BlockDAG is expanding into real-world applications through partnerships with the Seattle Orcas and Seattle Seawolves, where it is introducing Web3-powered fan coins and NFT-based engagement tools. These developments underscore BlockDAG’s growing institutional interest and its unique value proposition in the evolving crypto landscape.

While Solana and BNB continue to attract attention due to their strong fundamentals and institutional adoption, BlockDAG is creating new momentum. With its presale price set to return to $0.05 after August 11, current buyers are seizing a rare opportunity to enter at a significant discount. As the crypto market continues to evolve, BlockDAG is positioning itself as a high-growth asset with the potential to become one of the top projects of 2025.

[1] https://coinmarketcap.com/community/articles/689988058aba236133329fe2/