💣💣🔥 Heading to 1000k
Solana (SOL) surpassed $200, trading at $205.65 with a daily gain of 4.8%. This breakout follows a 35% increase in July driven by a bullish double bottom pattern near $140-$145.
The former resistance at $191 now acts as key support, while technical indicators show strength despite overbought conditions (RSI: 79.7).Key Factors of SOL's Surge
• The Solana REX-Osprey ETF attracted $42M in its first week
• The BAM update from Jito improves transaction privacy through TEEs
• The strategic acquisition of $198M by DeFi Corp (999,999 SOL)
• There are more ETF applications pending decisions in October
Technical Outlook Immediate resistance is at $210-$220, with projections to reach $323 by the end of 2025 and possibly $667 by the end of the year. The goal of $1000
