#solana (SOL) is down 10% this month, but three key factors could trigger a bullish breakout before June ends:
• Spot ETF Filings – Major firms like Invesco and VanEck are seeking approval for Solana ETFs, signaling strong institutional interest.
• Rising DEX Volume – Solana’s DEX activity surpassed Ethereum in the last 30 days, showing growing utility.
• Government Adoption – Wyoming is launching a state-backed stablecoin on the Solana blockchain.
Key resistance levels to watch are $152 and $159. If $SOL breaks above them, it could rally toward $187. However, weak RSI suggests buyers remain cautious.