$186 is the important resistance level🎯
*Solana (SOL) Price Surges 86% Fueled by Meme Mania and ETF*
Solana's price has skyrocketed 86% due to a mix of factors, including the growing acceptance of meme coins and increased institutional interest. The REX-Osprey SOL + Staking ETF (SSK) has seen significant inflows, reaching $99.7 million in assets, and offers unique staking rewards.
*Meme Coin Frenzy*
The surge in Solana's price is also attributed to the popularity of meme coins in its ecosystem, which has pushed their market capitalization to $15 billion. The token has jumped above a crucial resistance point, reaching a multi-month high of $185.
*Technical Analysis*
The daily chart indicates a bullish trend, with the price breaking above a symmetrical triangle pattern. A potential golden cross formation is also expected, as the gap between the 50-day and 200-day moving averages narrows. The Relative Strength Index and MACD indicators are pointing upwards, suggesting further growth.
*Future Outlook*
The price is expected to continue rising, with bulls targeting the key resistance at $200 $SOL 
