Solana has now recovered back above $100 after the FUD due to the outage earlier, leading to a bottom formation for the cryptocurrency.

Solana (SOL) has seen a rally of over 14% over the past day, but exchange deposits from the whales could be a worrying sign for these gains.

Solana has enjoyed a sharp rally of about 23% in the last few days. Here’s what’s required for this run to continue further.