Solana closed its first positive monthly candle in nearly a year near $103, ending a prolonged streak of red months that began after September 2025 and capping an August rebound of roughly 40–50% that reclaimed the $100 level after a slide from highs above $250 in late 2025 to a cycle low around $60. The token later traded around $102.47, down 1.28% over 24 hours, remaining below a late-August peak of $110.50 after an 8.31% pullback that began August 26 and a volatile handoff that included a 3.54% drop then a 1.15% bounce on August 31. A dormant whale wallet identified as 6ESYXA returned after eight months of inactivity and purchased 76,856 SOL worth approximately $8 million from Hyperliquid, adding to broader large-holder activity in which 52 wallets holding 10,000 or more SOL appeared over seven days and centralized-exchange balances fell 4.91% as about 2.6 million SOL left venues. U.S. spot Solana ETFs extended inflows to seven straight weeks, adding more than 1.2 million SOL worth about $120 million in the latest week atop $1.34 billion in cumulative net inflows, while market capitalization stood near $59.82 billion. Derivatives dominated turnover, with roughly $7.82 billion in futures volume versus about $738.76 million in spot and open interest near $6.64 billion, alongside still-elevated network fees, record non-vote throughput and passage of SGP-0002 to double Solana’s disinflation rate.