SOL Surges 13% on Charles Schwab Plans and Deflationary Vote
Solana (SOL)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Solana (SOL) is the top gainer among the top 10 cryptocurrencies by market cap, surging 13.4% today. This rally follows Charles Schwab’s announcement of plans to launch SOL trading and the successful passage of a deflationary proposal. Charles Schwab is identified as America’s second-largest investment management firm, commanding over $13 trillion in assets.
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’s Binance spot data for SOL shows a price of $109.14 with a 24-hour buy ratio of 53.7%, indicating that buyers are slightly more active than sellers. The 1-hour buy ratio stands at 51.6% and the 4-hour ratio at 51.7%, suggesting that while buying pressure remains positive, the intensity has cooled slightly compared to the broader 24-hour trend. Volume Delta data reveals a cumulative net buying of +$40,126,001 over the last day, with a 24-hour CVD close of +$39,159,422. The Volume Delta measures the difference between buy and sell volume, showing that net buying pressure has been consistently positive across all timeframes. Spot volume reached $544,689,099 over 24 hours, with 15 of the last 24 hours showing net buying activity.
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, SOL has seen net buying on all 7 days, with a 7-day average buy ratio of 52.5%. The latest day’s buy ratio of 53.7% is 1.2 points higher than the weekly average, indicating slightly stronger buying sentiment than usual. Spot volume for the day was 1.24 times the weekly average, reflecting elevated trading activity. The price change over the past 8 days stands at +24.5%, with a total Volume Delta of +$193,216,755. This consistent weekly performance contrasts with the slightly more moderate 1-hour buying pressure, highlighting a sustained but potentially stabilizing trend.