#solana #SolanaStrong Major Headlines
1. Institutional Giants Deepen Solana Involvement
Mercurity Fintech has launched a $500 million DeFi treasury strategy, prioritizing SOL accumulation and validator-node operations—clearly signaling institutional confidence in Solana’s scalability and earning potential .
BIT Mining Ltd. is shifting up to $300 million into Solana, converting current crypto reserves into SOL—fueling a 60% pre-market jump in its stock .
Aurora Mobile (China) is considering adding SOL to its crypto reserves due to its speed, low fees, and institutional appeal .
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2. SOL Price Gaining Bullish Momentum
SOL recently broke above $160 resistance and climbed to the $166–167 range—up ~6% in the past day, with trading activity jumping ~19% .
Technical indicators show a bullish “flag” forming, eyeing a breakout toward $175, with potential targets at $200–300 if momentum holds .
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3. ETF & Tokenization Buzz
Speculation around a possible Solana spot ETF is intensifying. Odds of approval have soared to ~99%, with analysts expecting a major price catalyst .
U.S.-based REX-Osprey’s Spot & Staking SOL ETF is seeing notable inflows—$10.7 M in a day and over $69 M cumulatively .
Solana’s network now supports ~$48 M in tokenized stocks—more than tripling in just two weeks .
