Last night's turbulence in the US stock market once again impacted the cryptocurrency market, with SOL coming under pressure and declining. But something interesting happened—the downward trend didn't continue all the way down; instead, it quickly rebounded and entered a range-bound consolidation phase.

What’s more noteworthy is the signal from on-chain data. Large investors and institutional investors are quietly increasing their positions at this level. This is what is often called "greed in the midst of panic" in the market. History has repeatedly shown us that the bottom formation of mainstream coins often occurs when most people are still hesitant.

Why can SOL stabilize so quickly? Simply put, the fundamentals are speaking.

The strength of the Solana chain itself is evident—processing over 65,000 transactions per second, with transaction costs as low as $0.00025, which provides real competitiveness in practical applications. It is precisely because of this confidence that institutions dare to build positions counter to the market fluctuations.

The Solana ecosystem in 2025 has not slowed down; DeFi projects, NFT markets, and various dApps are flooding onto this chain. The more prosperous the ecosystem, the greater the demand for the SOL token. This is not just hype; it is supported by real demand.

From on-chain behavior, large assets are continuously being moved from exchanges to private wallets. What does this usually mean? Accumulation. A long-term bullish attitude. When the market is in panic, smart money is already quietly positioning itself.