Whales are accumulating Solana (SOL) as market sentiment approaches neutral, amid strong on-chain data such as RWA and TVL that may indicate long-term valuations are gradually being reflected.
The beginning of 2026 opened with a "buy on fear" pattern, as the Crypto Fear & Greed index was near neutral. While the overall market Capital increased weekly, SOL stood out due to whale buying and signals of ecosystem expansion, raising questions about Solana's own upward momentum.
- Whales are buying SOL aggressively (wallets holding 10+ SOL), coinciding with the "buy on fear" scenario expected in early 2026.
- SOL rebounded this week after a losing chain , but volatility remains due to Derivative signals in Bitcoin.
- on-chain data shows a positive divergence: RWA reached an all-time high of $873 million and Solana TVL increased by 11.8% in 24 hours.
SOL benefits from "buying on fear" as sentiment approaches neutrality.
The Crypto Fear & Greed Index is only 6 points away from the neutral zone, a level typically associated with accumulation phases; SOL stands out due to the emergence of whale buying pressure at this time.
Psychologically, the market enters early 2026 with a “buy the fear” setup. As described in the original content, the Crypto Fear & Greed Index is only 6 points away from neutral, and this near-neutral zone has historically been accompanied by the formation of an accumulation phase.
Solana has become the focal point of that shift. Data from Santiment shows that whale wallets are buying, focusing on wallets accumulating 10+ SOL, placing SOL in the prominent trend group as 2026 begins.
SOL signals a technical reversal after a weekly period of weakness.
SOL recorded its first weekly gain after four consecutive weeks of declines, rising 2.96% after approximately six weeks of sideways movement, suggesting the possibility of turning resistance into support.
Technically, the weekly downtrend has temporarily broken. After four consecutive weeks in the red, SOL rose 2.96% in the most recent week, amidst a period of about six weeks of consolidation. This is often seen as an attempt to “turn resistance into support.”
However, this development needs to be considered within a broader context. The original text states that the total crypto market Capital increased by $50 billion weekly, so the crucial question is whether SOL is simply riding the general rally or creating its own momentum.
Risk remains because since its September peak, SOL has lost three support zones, increasing the likelihood of capitulation if the market reverses. Therefore, whale accumulation at this time needs to be interpreted as a deliberate strategy or simply a short-term market reaction.
Macroeconomic flows are returning to risky assets, but volatility is not over yet.
The rebound in large- Capital cryptocurrencies and the overall market Capital is supporting SOL, but volatility could increase as Bitcoin's Open Interest rises, putting short-term pressure on the upward momentum.
At the macro level, Capital is flowing back into risky assets. As originally stated, large-cap Capital on CoinMarketCap turned green, and SOL also benefited from this increase in overall market Capital .
However, the risk of volatility is highlighted as not yet over. Information from WatcherGuru suggests that volatility will continue; at the same time, the increase in Bitcoin's Open Interest could signal short-term pressure on the current upward momentum, thereby making the SOL 's trajectory vulnerable.
on-chain data shows that SOL has a positive divergence from the overall market.
The Solana RWA ecosystem reached a peak of $873 million and DeFi TVL increased by 11.8% in 24 hours, demonstrating the rotation of Capital into cash flow-generating sectors rather than just price speculation.
The original content notes that the RWA ecosystem on Solana reached an All-Time-High (ATH) of $873 million in value. This is a significant signal as it reflects the level of usage and assets "Peg" in structured applications.
In the DeFi sector, data fromdefillama shows that Solana 's TVL increased by 11.8% in just 24 hours. A rapid increase in TVL typically implies that Capital is flowing back into the protocols, rather than remaining on exchanges or in short-term trading positions.
Combining these two signals, this development aligns with the growing "long-term positioning" argument: SOL is rotating into areas with the potential to generate returns/income, making accumulation activity more fundamental than purely speculative.
Conclusion: SOL shows signs of "going its own way" as it lays the groundwork for 2026.
Whale accumulation is occurring in parallel with market recovery, but record increases in RWA and TVL are the differentiating factor, suggesting SOL is building its foundation on real usage dynamics.
On the positive side, SOL is attracting significant buying pressure from whales even amidst high volatility. On the downside, Bitcoin Derivative could cause further volatility, especially since SOL has previously lost several support levels since September.
Nevertheless, the on-chain divergence (RWA reached an ATH of $873 million, TVL increased by 11.8%/24 hours) highlights the possibility that Solana is "self-generating" thanks to capital flowing into its use cases. If this trend continues, SOL may be quietly forming a base for 2026.
Frequently Asked Questions
Why is early 2026 considered a "buy when fear" scenario?
Because the Crypto Fear & Greed Index is described as being only 6 points away from the neutral zone, a threshold that historically often coincides with the period when investors begin accumulating as sentiment becomes less extreme.
What data are whales using to accumulate SOL ?
According to Santiment , whale wallets are actively buying, concentrated in the group of wallets accumulating 10+ SOL, making SOL a prominent crypto trend in early 2026.
Which indicator suggests that short-term volatility risk remains?
The original text stated that Bitcoin's Open Interest increased, and information from WatcherGuru suggests that volatility will continue, potentially putting short-term pressure on the rebound and having a ripple effect on SOL.
What are Solana 's RWA and TVL saying?
Solana 's RWA system reached an all-time high of $873 million, while TVL increased 11.8% in 24 hours according todefillama , suggesting that money is flowing back into the application and yield-generating segments, not just purely for price speculation.
