Solana (SOL) Price: SOL Is Up 50% in August — Here’s What’s Driving the Rally

Solana is trading above $100, up over 24% in the past week and 43% in the past month. DeFi Development Corp (DFDV) bought 19,000 SOL at an average price of $98.14, now holding over 2.3 million SOL as a long-term treasury asset. A whale also purchased roughly $13.2 million worth of SOL.