🔥 Solana surpasses $199 and aims for the breakout of $200+
📊 Current price and clear technical structure
$SOL trades at $199.16, after a rise of +3.3% on the day, re-entering the resistance range $195–$200 after closing a weekly symmetrical triangle with confirmed breakout.
⚙️ Key factors
💰 Market cap exceeds $100B for the first time in H2 2025
🏦 DeFi Dev Corp accumulates almost 1M SOL ($200M); shows strong institutional buying
🛠️ Jito BAM upgrade improves efficiency and positions SOL as infrastructure for DeFi/ETF applications
📈 Volume +70% and OI at highs ($10.7B) after breakout
🔧 Technical level of the day
📌 Key support: $190–$195
📌 Immediate resistance: $200–$204
🎯 Critical zone: breaking and consolidating above $200 would validate a rally to $218–$225
🌐 Institutional outlook / macro vision
Solana is no longer just an “alternative Ethereum”: with the launch of the SSK ETF, the technical improvement of Jito BAM, and corporate interest (DeFi Dev, MetaMask, tokenization by R3), it positions itself as a long-term institutional asset.
Do you think SOL breaks $200 today and aims for $225 this week? 💡
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