¡$SOL is back!

Solana (SOL) surges due to institutional adoption and strong bullish momentum

📰 Latest headlines:

🏢 Institutional Investment: DeFi Development Corp. has increased its holdings in Solana to over $100 million, with the purchase of 172,670 additional tokens, demonstrating significant institutional confidence in the future of SOL.

📈 Price Performance: SOL has risen 85% in the last 4 weeks, going from $95 to $176. Traders are already looking at the $200 level as the next target before the end of June.

🛍️ Ecosystem Expansion: Solana Pay is now officially integrated with Shopify, enabling instant payments in $USDC

with minimal fees for millions of merchants.

📊 Technical Analysis:

🟢 MACD: Bullish crossover — indicates increasing momentum.

⚠️ RSI: 76.19 — signal that it is entering overbought territory.

🧱 Support: $169.78

🚧 Resistance: $183.61

🔮 Price Outlook:

🎯 Short-term target: $180

🚀 Medium-term projection: $200

🌕 Long-term vision: $250+

🧠 Analyst's Opinion:

The rally of Solana is backed by significant institutional purchases and key partnerships like Shopify. Technical indicators show strength, but also caution due to overbought conditions.

What do you think? Do you see $SOL exceeding $200 soon?

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