Jensen Huang AI remarks boost stocks as SOL and HYPE rise
Solana (SOL)
Editor:
Eugene Serbin
lookonchain.com reports that Jensen Huang's comments on an AI inflection point helped drive U.S. stock indexes higher on Thursday. The Nasdaq climbed 1.57%, while the S&P 500 gained 0.7% and the Dow Jones Industrial Average rose 0.2%. Nvidia shares jumped 8.7%, outperforming other AI stocks that posted only limited gains.
Salesforce surged 22.58% after announcing a partnership with Anthropic to launch Agentforce, easing fears about AI's impact on software companies. CrowdStrike also rallied 20.50% after exceeding revenue expectations. In crypto markets, Solana (SOL) traded at $108.12 with a 24-hour gain of 1.82%, while HYPE hit a new all-time high at $84.78.
Bitcoin consolidated above $80,000, trading at $80,179. Additionally, WTI crude closed up 1.58% at $83.53 following Trump's stance on Iran. Anthropic integrated AI into real-world machines, cutting hardware integration time to just 8 hours. California's Meme Coin Bill AB2409 passed both legislative chambers pending the governor's signature.
How the market reacted
Whalio's own Binance spot order flow for SOL, measured when this story was written up on 28 August 2026. Not the outlet's figures.
Solana is currently trading at $109.14, showing a shift in short-term momentum compared to the broader 24-hour trend. The 1-hour buy ratio stands at 38.9%, indicating weaker immediate buying pressure than the 4-hour ratio of 51.2% or the 24-hour ratio of 53.7%. This suggests that while buying interest remains healthy over the day, it is fading in the most recent hour. The 1-hour volume delta is negative at -$2,458,681, contrasting with the positive 4-hour delta of +$963,116. Volume delta measures the net difference between buy and sell volume, so a negative figure indicates that sellers dominated volume in that specific hour. Despite this short-term dip, the 24-hour volume delta remains strongly positive at +$40,126,001.
The latest daily buy ratio of 48.8% sits at the 27th percentile of the last 322 days, against a median of 50.0% - weaker buying than most days.
Twenty-four hours later
What SOL did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for SOL, averaged over the days leading up to the story.
Over the preceding week, Solana has experienced consistent accumulation, with net buying occurring on all 7 days. The 7-day average buy ratio is 52.5%, which is slightly higher than the current 24-hour ratio of 53.7%, showing that recent buying intensity is in line with the weekly norm. The 24-hour spot volume of $544,689,099 represents 1.24x the average daily volume, indicating unusually high activity compared to the standard week. This volume spike aligns with an 8-day price change of +24.5% and a total volume delta of +$193,216,755 for the period. Today's activity reflects a continuation of this strong weekly trend rather than an isolated event.