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$SOL

After a year of strong recovery, Solana is returning to the main stage of 'high-speed public chains'. The current price is stabilizing around $179, bullish sentiment is gathering again, and on-chain activity is continuously climbing. If it can stabilize above $180, challenging the previous high of $290 by the end of the year will become a consensus rather than a fantasy.

🔥 Multiple catalysts reignite market confidence

1. On-chain activity continues to grow

Solana's on-chain transaction volume, NFT ecosystem, and DePIN sector activity have fully rebounded, with daily transactions exceeding Ethereum, making it one of the most actively used public chains.

2. American-style speculation restarts: Strong binding of US stocks + US chains

Solana ecosystem projects frequently appear on mainstream financial media in the US, leveraging new narratives such as Meme, AI, and chain games to reignite discussion. Retail investors in the US are returning to the market, and SOL naturally benefits.

3. Capital inflow and institutional betting are evident

Since Q2, several funds have started to increase their holdings in SOL-related assets, including Grayscale, Pantera, Multicoin, etc., viewing it as a 'high-elasticity Ethereum backup'.

📈 Technical Analysis: Key support is effective, and structural initiation is evident

The daily level has completed a triple bottom structure, stabilizing in the $179~180 range is a key confirmation point;

If we successfully break the $186~$190 resistance in the short term, it will directly open up the $220~$250 relay space;

The end-of-year time window overlaps with the bull market structure, challenging the historical high of $290 will be a strong logical closed loop.

Investment strategy suggestion:

Short to medium-term: Breakthrough above $180 can be followed, target looking at $220~$250;

Medium to long-term: Taking the end of the year as a time anchor, the long-term target is set at the previous high of $290, with a potential space exceeding 60%.

Conclusion:

Solana, which was once criticized, is rebuilding market trust with robust on-chain data, an active ecosystem update, and strong capital inflow. From $8 to $179, it has proven itself. Next, from $179 to $290, will mark the beginning of a new era.

It's not a dream to return to previous highs by the end of the year. The second bull market for SOL

A chapter is unfolding.

$SOL