Solana Surges Past $100 as DFDV Resumes Buying
Solana (SOL)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Solana (SOL) has climbed back above the $100 mark, catching the attention of institutional buyers and large investors. The coin is trading around $101–$103, up over 24% in the past week and 43% over the past month, making August its strongest month since 2024. DeFi Development Corp (DFDV) confirmed it has resumed buying, purchasing 19,000 SOL at an average price of $98.14. This acquisition was partially funded through proceeds from the sale of its ZeroStack position.
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.
Whalio data shows SOL trading at $109.14, with the 24-hour buy ratio at 53.7% indicating a majority of spot volume is buying. However, the 1-hour buy ratio has dropped to 38.9%, suggesting immediate buying pressure is fading compared to the 4-hour ratio of 51.2%. The volume delta reflects this shift, showing a net outflow of -$2,458,681 in the last hour versus a net inflow of +$963,116 over four hours. Over 24 hours, the volume delta remains strongly positive at +$40,126,001, with cumulative buying volume (CVD) closing at +$32,973,887. Net buying occurred for 14 of the last 24 hours, supporting a spot volume of $544,689,099 across 2,268,943 trades.
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.
This trading activity follows a week where SOL saw seven consecutive days of net buying, with a 7-day average buy ratio of 52.5%. The latest day's buy ratio is 1.2 percentage points above this weekly average, while volume is 1.24 times the average. Over the preceding eight days, the volume delta totaled +$193,216,755, contributing to a price change of +24.5%. Compared to the 24-hour buy ratio of 53.7%, the weekly average of 52.5% indicates a consistent, albeit slightly less intense, buying environment over the longer term.