Price Action
SOL reaches $201.58 (+2.12% 24h) with $108.4B market cap and $10.87B daily volume, returning to $200 levels first time since February. SOL breaks through $200
Key Catalysts
ETF inflows driving institutional interest, DeFi TVL surging to $10.26B, Firedancer upgrade enhancing network performance. SOL/BTC and SOL/ETH ratios showing strength as developers migrate to Solana ecosystem.
Trading Perspective
RSI at 79.73 (overbought) with resistance at $217-240 and support at $188-195. Long-short ratio 7.5:1 signals bullish sentiment. Price projections: $215-260 short-term, potential for $320 (2025) to $1,000 (2030). Solana on fire
Market Sentiment
92.2% bullish community outlook based on institutional adoption and technical strength. Monitor ETF flows, network activity metrics, and volatility signals for trading cues. Solana breaks $200
