Solana Price Rises 8% to $119 as Peter Brandt Eyes Rally
Solana (SOL)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Solana price surged 8% to around $119 on September 21, reaching its highest level since January as the wider crypto market recovered. The outlet highlights that the bigger story is now on the weekly chart, where analyst Peter Brandt spots a setup for a 106% rally. This potential move could see the asset double in value from current levels. The report notes that this surge marks a significant recovery for the token after a period of consolidation.
How the market reacted
Whalio's own Binance spot order flow for SOL, measured when this story was written up on 21 September 2026. Not the outlet's figures.
Whalio’s Binance spot data shows Solana trading at $111.17, with a 24-hour buy ratio of 51.4% indicating a slight edge for buyers over the full day. However, the 1-hour buy ratio has dipped to 48.7%, suggesting short-term buying pressure is fading compared to the broader trend. The 4-hour buy ratio sits at 55.2%, showing that medium-term accumulation remains stronger than immediate activity. Volume delta reflects this shift, with a negative $349,818 in the last hour contrasting against a positive $7,002,250 over four hours. This divergence implies that while recent trades show slight selling, the overall flow over the past day remains heavily skewed toward net buying, with $265 million in spot volume recorded.
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.
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, the average buy ratio was 49.2%, making today’s 24-hour ratio of 51.4% an improvement of 2.3 percentage points. This indicates that today’s buying activity is slightly more aggressive than the weekly norm. Volume was 1.02x the average, reflecting a marginal increase in trading intensity. While three of the past seven days saw net buying, today’s metrics suggest a continuation of that trend rather than a sudden anomaly. The 8-day price change of 12.0% underscores the recent upward momentum, though total volume delta over that period remained negative at -$6,224,921, indicating that price gains have not yet been matched by sustained cumulative buying volume.